Perpetual inventory refers to the accounting method that keeps track of inventory on a continuous basis, thereby enabling the accountant to record each transaction of a company.
This inventory management system, unlike periodic inventory, accounts for the balance of each item of inventory after each sale, purchase, return, or adjustment.
Perpetual inventory helps a company to track its inventory level more accurately and prevent inventory shortages or overstocks. Weighted Average Unit Cost (after October 22 purchase) = Total Cost of Goods Available for Sale ÷ Total Number of Units Available for Sale Total Cost of Goods Available for Sale = (330 × $8) + (320 × $11) = $2640 + $3520 = $6160 Total Number of Units Available for Sale = 330 + 320 = 650 Therefore, the Weighted Average Unit Cost after the October 22 purchase is $9.47 per unit.
We can calculate the cost of goods sold on October 29 by multiplying the number of units sold by the Weighted Average Unit Cost. Cost of Goods Sold = Number of Units Sold × Weighted Average Unit Cost Number of Units Sold = 400 Weighted Average Unit Cost = $9.47 Cost of Goods Sold = 400 × $9.47 = $3788 c) . Weighted Average Unit Cost (after October 29 sale) = Total Cost of Goods Available for Sale ÷ Total Number of Units Available for Sale Total Cost of Goods Available for Sale = (330 × $8) + (320 × $11) + (150 × $9.47) = $2640 + $3520 + $1420.5 = $7580.5
Total Number of Units Available for Sale = 330 + 320 + 150 − 400 = 400 the Weighted Average Unit Cost after the October 29 sale is $18.95 per unit. Inventory on October 31 = (Total Number of Units Available for Sale − Number of Units Sold) × Weighted Average Unit Cost = (400 − 0) × $18.95 = $7580 Therefore, the inventory on October 31 is $7580, and the Weighted Average Unit Cost is $18.95 per unit.
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What is innovation? (Media Literacy)
A. A groundbreaking idea, product, or method
B. A technological tool that drives hyperlinks
C. An exciting development in a story's plot
D. A story that nobody has ever heard before
Answer:
A. A groundbreaking idea, product, or method
Explanation:
Innovation refers to the process that leads to the formation of new ideas that has been been invented before. It refers to the fresh ideas that helps in attracting people inn terms of business. Idea generation helps in new development and thereby helps in the progress. The introduction of the idea from the existing resources helps in the formation of new ideas that take the shape of innovation.
When a u. S. Company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the.
This purchase increases the investment component of GDP and reduces net exports, so the purchase of electronic components from China does not affect GDP.
What is GDP?
Gross Domestic Product (GDP) is the monetary value of all goods and services produced within a country's borders in a financial year. Once the market value of all goods and services is determined, the country's total GDP is calculated.
In this case, US purchases of electronic components from China increase the investment portion of GDP, but at the same time increase exports to China by the same amount and decrease net exports, so that overall US GDP No change.
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The Question was incomplete. Check below the full question.
If a US company purchases and imports electronic components from China to manufacture MP3 players in the US, does that purchase increase the (investment/government purchase/consumption) component of GDP? (increase/decrease) net exports. Therefore, the purchase of electronic components from China contributes (overall decrease/overall change/overall increase) to US GDP.
what are the basic group skills necessary for development of an effective team? select all that apply.
The fundamental team building abilities required for the creation of an effective team are communication, negotiation, assessment of team dynamics, and time management.
What is team effectiveness?The ability of a team to carry out the goals or objectives set out by authorized persons or the organization is referred to as team effectiveness (sometimes referred to as group effectiveness).
A team is a group of people who cooperate to complete tasks, take responsibility for results, and see themselves as an integrated part of an institutional or organizational system that operates within its predetermined parameters.
Since groups and their members are independent of one another's roles, skills, knowledge, or purposes, as opposed to teams and their members, who are interdependent upon one another's roles, skills, knowledge, and purposes, the terms "team" and "group" have come to be synonymous in the context of processes and research relating to their effectiveness (i.e., group cohesiveness, teamwork).
Hence, The fundamental team building abilities required for the creation of an effective team are communication, negotiation, assessment of team dynamics, and time management.
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Suppose the consumer's utility function is given by U(X,Y)= XY+Y. The equation for this consumer's demand curve for X when I>Px, is A) X^d = 0 B) X^d = 1/2px C) X^d=1/2px-1/2 D) X^d =1/2 E) X^d=1/px
The equation for the consumer's demand curve for X when I > Px is X^d = 1/2Px.
The demand curve for a good represents the relationship between the price of the good and the quantity of the good demanded by the consumer. The consumer's utility function, U(X,Y) = XY + Y, represents the consumer's preferences and their ability to derive satisfaction from consuming X and Y.
To determine the demand curve for X, the consumer's marginal utility of X must be calculated and equated to the price of X, which is Px. The marginal utility of X is the change in total utility that results from a small increase in the consumption of X.
The equation X^d = 1/2Px represents the consumer's demand curve for X, where X^d is the quantity of X demanded and Px is the price of X.
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Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is scheduled to start in 5 working days, but the hardware is on backorder and will not arrive for another 9 working days. Fortunately, Tom has 10 days of slack; however, he shares this slack with the hardware installer. He will have to let the contactor know that the hardware will be ready 4 days later than expected and that the slack for the installer has been reduced by 4 days. Tom and the installer share 10 days of
A. Free Slack.
B. Shared Slack.
C. Total Slack.
D. Critical Slack.
E. Functional Slack.
Answer:
A
Explanation:
Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days
Total slack measures the total amount of time a project can be delayed before the project's completion.
Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.
Executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees
Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "Employees shall make no unauthorized statements..." thus insinuating that employees are allowed to make Authorized statements.
The options given are violations of these Executive Orders except A. Making authorized commitments.
It should be noted that executive orders 12674 and 12731 form the foundation policy on the ethical conduct of Federal Employees. They're simply used to guide the way that Federal workers behave.
The violations of the Acts include using public office for private gain, giving preferential treatment to any person or organization, and defrauding the government.
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Grason corporation is preparing a budgeted balance sheet for 2018. the retained earnings balance at december 31, 2017 was $533,500. the 2018 budgeted income statement shows expected net income of $112,000. the company expects to declare dividends during 2018 amounting to $40,000.
the expected balance in retained earnings on the 2018 budgeted balance sheet is:
a. $533,500
b. $685,500
c. $493,500
d. $605,500
e. $645,500.
The expected balance in retained earnings on the 2018 budgeted balance sheet is:$605,500. So, the correct answer is d.
The expected balance in retained earnings on the 2018 budgeted balance sheet for Grason Corporation can be calculated by adding the expected net income and subtracting the expected dividends from the retained earnings balance at December 31, 2017.
Initial retained earnings: $533,500
Expected net income: $112,000
Expected dividends: $40,000
Expected retained earnings = ($533,500 + $112,000) - $40,000 = $605,500
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All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.
Answer:
b.
Explanation:
just took the test
Suppose Sally borrows $1,000 from Harry for one year and agrees to pay a nominal interest rate of 12% When she borrows the money, both she and Harry expect an inflation rate of 5% V 1st attempt Part 1 (1 point) The expected real interest rate on the loan is Part 2 (1 point) Suppose that when Sally pays back the loan after one year, the actual inflation rate turns out to be 256. The actual real interest rate on the loan is Suppose that when Sally pays back the loan after one year, the actual inflation rate turns out to be 2%. The actual real interest rate on the loan is Part 3 (2 points) a. If the inflation rate turned out to be higher than expected, then b. But if inflation turned out to be lower than expected, then Part 1 (1 point) Suppose you deposit $1,500.00 into your savings account that pays you 5.00% interest. After one year, you will have in your account (round your answer to two decimal places). Part 2 (1 point) Suppose that in the following year, interest rates increase by 3% from 5.00%. If you leave your money in the account another year, you will have $ in the account (round your answer to two decimal places).
The expected real interest rate on the loan can be calculated as follows:Expected real interest rate = nominal interest rate - expected inflation rate. Expected real interest rate = 12% - 5% = 7%Part 2 (1 point)When the actual inflation rate turns out to be 256, the actual real interest rate on the loan can be calculated.
Actual real interest rate = nominal interest rate - actual inflation rate. Actual real interest rate = 12% - 25% = -13%Therefore, Sally is losing money on the loan, since the actual real interest rate is negative.When the actual inflation rate turns out to be 2%, the actual real interest rate on the loan can be calculated as follows:Actual real interest rate = nominal interest rate - actual inflation rate. Actual real interest rate = 12% - 2% = 10%Therefore, Sally is earning a real interest rate of 10% on the loan.
If the inflation rate turned out to be higher than expected, then Sally would be losing money on the loan, since the actual real interest rate would be negative.b. But if inflation turned out to be lower than expected, then Sally would be earning a higher real interest rate on the loan than expected.Part 1 (1 point)Using the formula for simple interest, we can calculate the amount in the account after one year as:A = P(1 + rt)where A is the amount, P is the principal, r is the interest rate as a decimal, and t is the time in years.
Plugging in the values given in the problem, we get:A = $1,500(1 + 0.05 × 1) = $1,575.00. Therefore, after one year, there will be $1,575.00 in the account.Part 2 (1 point)If interest rates increase by 3%, then the new interest rate is 5% + 3% = 8%. Using the formula for simple interest again, we can calculate the amount in the account after two years as:A = P(1 + rt)where A is the amount, P is the principal, r is the interest rate as a decimal, and t is the time in years. Plugging in the values given in the problem, we get:A = $1,575.00(1 + 0.08 × 1) = $1,701.00. Therefore, after two years, there will be $1,701.00 in the account.
Sally borrowed $1,000 from Harry for one year and agreed to pay a nominal interest rate of 12%. The expected real interest rate on the loan is 7%. If the inflation rate turned out to be higher than expected, then Sally would be losing money on the loan. But if inflation turned out to be lower than expected, then Sally would be earning a higher real interest rate on the loan than expected. If Sally pays back the loan after one year, and the actual inflation rate turns out to be 2%, then the actual real interest rate on the loan is 10%.After depositing $1,500 into a savings account that pays 5.00% interest, the amount in the account after one year will be $1,575.00. If interest rates increase by 3%, then the amount in the account after two years will be $1,701.00.
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What is the monthly interest payment for an
account with a balance of $120.00 and an A.P.R.
of 10%?
A. $12.00
C. $10.00
B. $1.00
D. $4.00
Answer:
B. $1.00
Explanation:
Here,
=10% of $120
=$12
Then,
or, 1 year = 12 months
or, 12 months = $12
1 month = $1
So, the monthly interest payment for an
account with a balance of $120.00 and an A.P.R. of 10% is option b, $1.
A property management agreement typically includes a:
A property management agreement typically includes the following terms:
1. Duration of the agreement: This specifies the length of time the agreement is valid, such as one year or month-to-month.
2. Responsibilities of the property manager: This outlines the duties and obligations of the property manager, such as finding tenants, collecting rent, and handling maintenance requests.
3. Compensation and fees: This section details how the property manager will be paid, including any management fees or commission on rent collected.
4. Termination clause: This states the conditions under which either party can terminate the agreement, such as breach of contract or non-payment of fees.
5. Maintenance and repairs: This section clarifies who is responsible for maintaining and repairing the property, including routine upkeep and emergency repairs.
6. Tenant-related matters: This covers topics such as tenant screening, lease agreements, and eviction procedures.
7. Insurance requirements: This specifies the types and amounts of insurance coverage that the property manager must maintain.
8. Dispute resolution: This outlines the process for resolving any disputes that may arise between the property manager and the property owner.
It's important to note that the specific terms included in a property management agreement may vary depending on the agreement's scope and the needs of the property owner.
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what are the criticisms of fiscal policy
Answer:
Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.
There are several of criticism that usually found on fiscal policies.
- Time Lags.
The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.
- Strengthening foreign influence
One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.
- It could create a budget deficit for the next government officials.
Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.
The principal tool that most managers now use to increase the reliability of their product offering is?
The principal tool that most managers now use to increase the reliability of their product offering is quality control.
Quality control refers to the processes and techniques implemented by managers to ensure that their products meet certain standards of quality. This includes conducting inspections, performing tests, and monitoring production processes to identify and address any potential defects or issues.
By implementing effective quality control measures, managers can minimize the likelihood of product failures and increase customer satisfaction. This helps to build a reputation for reliability and enhances the overall success of the business.
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One result of economic growth during the song period was urbanization, which means.
Answer:
Growth in cities this is the answer
the first step in the target market selection process is
discuss the impact of ineffective communication in a business
Answer:
Workers' loyalty and devotion to the company may suffer if they don't feel heard and if they don't have strong lines of communication with each other and management. As a result, there may be a higher rate of turnover. If there is a lack of trust, there can't be a unified, open culture.
Consider an oil company that can extract 1M barrels of oil at the costs of $100M in total. But the future oil price is uncertain. Specifically, the oil price per barrel would be $110 with probaility 60% and $90 with probability 40%. Suppose the tax rate is 30%. When a firm happens to earn negative profits, the firm does not need to pay any taxes. In this situation.
(a) What is the expected profit the company will earn?
(b) Now, suppose the firm sells a forward contract that allows the firm to sell the oil at the price of $103 per barrel. In this case, what is the expected profit the company will earn?
(a) The expected profit the company will earn is as follows:According to the question, the oil company can extract 1M barrels of oil at the costs of $100M in total.
Therefore, the cost of extracting one barrel of oil is $100M/1M barrels = $100/barrel.Let E[P] be the expected profit the company will earn.E[P] = (60% * $110/barrel - $100/barrel) * 1M barrels + (40% * $90/barrel - $100/barrel) * 1M barrels= $6M(b) If the firm sells a forward contract that allows the firm to sell the oil at the price of $103 per barrel, then the expected profit the company will earn is as follows:
Let E[P] be the expected profit the company will earn.E[P] = (60% * $103/barrel - $100/barrel) * 1M barrels + (40% * $103/barrel - $100/barrel) * 1M barrels= $5.8MTherefore, the expected profit the company will earn is $5.8M when the firm sells a forward contract that allows the firm to sell the oil at the price of $103 per barrel.
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Which conditions contribute to engine deposits ?
Answer: oxidation
combustion byproduct
road dust and dirt
moisture and acid.
Explanation:
One of the main cause of engine deposit is when one drives in areas whereby there are usually high temperature. In such scenarios, the excessive heat can lead to breakdown in the oil which results into engine deposits.
Other causes of engine deposit are oxidation, dust and dirts, the byproducts gotten from combustion etc.
Please help will mark brainliest
Macroeconomics deals with *
1. bits and pieces of the economy
2. the question of how a business unit should operate profitably
3. the working of the entire economy
4. how individuals make decisions
Answer:
how individuals make decisions
Explanation:
other things equal if the prices of a firm's variable inputs were to fall
If the prices of a firm's variable inputs were to fall, other things equal, the cost of production would decrease, and the firm's profits would increase.
This is because variable inputs are inputs that can be easily adjusted to change the level of output produced by a firm. Variable inputs are inputs that can be easily adjusted to change the level of output produced by a firm. Examples of variable inputs include labor and raw materials. The cost of producing a unit of output is determined by the cost of the variable inputs used to produce that output. Therefore, if the prices of a firm's variable inputs were to fall, other things equal, the cost of production would decrease, and the firm's profits would increase.
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when the value of a loyal customer (vlc) market segment is high, should these customers be given premium goods and services for premium prices? if the vlc is low, should they be given less service?
Loyal customer frequently stick to one brand. They are incapable with cost until and except if the assistance given by the organization is great. The devoted client are the client who gives greatest benefit to the organization straightforwardly and in a roundabout way.
One clear explanation is they give benefit to the labor and products bought and other is they spread the words to others which can tend to becomes expected client there by expanding deals income. Subsequently with this advantage, the organization ought to give steadfast client premium labor and products at premium cost.
On the off chance that the worth of the dependable client is low, the organization should attempt to make possible client. This should be possible by offering great assistance and quality item at right cost.
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Which checking account transaction will NOT reduce John’s checking account balance
Answer:
A deposit into John's checking account will NOT reduce his checking account balance
Who did the Open Door Policy involved?
The open door policy involves the United States of America. The Open Door policy was drafted by the United States. It is related with the activity in China.
This Open door policy supported equal privileges for all the countries trading with China. It also reaffirmed China's territorial and administrative integrity. It is the United States diplomatic policy established in the late 19th and early 20th century. It was proposed by U.S. Secretary of State John Hay and supported by President William McKinley. The Open Door Policy provided that:
All nations should be allowed to reciprocal free access to any Chinese port or commercial market. Only the Chinese government should be allowed to collect trade-related taxes and tariffs.None of the powers having a sphere of influence in China should be allowed to avoid paying harbour or railroad fees.To know more about Open door policy refer to-
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The United States' foreign policy with China in particular is described by the term "Open Door Policy." Almost immediately before the Boxer Rebellion, it was established in 1899. After the Communists won the Chinese Civil War in 1949, it was formally abandoned, but in 1978 China established its own Open Door Policy, which has persisted till the present day.
John Hay, the secretary of state, drafted a fictitious treaty called the Open Door Policy. Regardless of how China felt, it compelled China to accept commerce with any nation that wished to establish a business partnership. Although it was an unenforceable policy, the Chinese government initially accepted it in a way that led to political upheaval and insurrection.
What was the Open Door Policy's purpose?
It was primarily designed to provide the United States and other Western nations access to the raw materials and finished goods that China had to offer. The Open Door Policy was based on three basic tenets:
1. Recognition of all nations' rights to trade with China and a commitment to refrain from interfering with other nations' commercial endeavors
2. Recognition of China's authority to collect tariffs on its own behalf.
3. Preventing high tariffs or rights restrictions on other nations that did business with China.
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Which of the following is not an example of professional behavior
?
GRUBHUB PERKS GIVE YOU DEALS ON THE FOOD YOU LOVE
THE KIND OF DEALS THAT MAKE YOU B O O G I E
DO DO DO DO TU TU TU TU
DO DO TU TUG UT UTURUWEUG
DOVRIOGJGHIJRG
DO
DO
DO
GET THE FOOD YOU LOVE i cant even finish it
Answer:
Grubhub perks give you deals on the food you love.
The kind of deals that make you boogie.
[music]
Purple guy: *bites borger and dances*
Sushi guys: *appear and eat the sushi*
Sallad girl: *eats salad and stands up*
Milkshake girl: *does the splits and sluprs milkshake*
Everyone: *dances all at once*
camera moves to purple guy and shows him dancing
[music stops] camera changes to house and kid looks at purple guy
purple guy: points at kid
kid: says huh and blinks
[music starts again]
Kid: *dancing*
Get the food you love with perks *doorbell rings* from Grubhub!
Grub what you love
Explanation:
when loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you own decrease every month. true or false
It is true that when loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you owe decreases every month.
What happens when loan payments are amortized?When loan payments are amortized, the total amount you owe every month remains constant but the amount of interest you owe decreases every month. This is because the payments are structured to pay off both principal and interest, with more of the payment going towards interest at the beginning of the loan term and more going towards principal as the loan matures.
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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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PLEASE HELP ME WITH THIS! Identify the ways of talking during a group discussion that are cooperative or create conflict.
I don’t think I agree.
Could you explain?
Wow! That sounds dumb.
Let's ask what everyone
feels about this.
I understand how you feel,
but I’d like you to consider
a different perspective.
You’re not making any
sense right now.
Answer:
I understand how you feel,
but I’d like you to consider
a different perspective.
Explanation:
i hope this helps :)
Answer:
Drag each label to the correct category.
Identify the ways of talking during a group discussion as either cooperative or conflict-creating.
I don't understand
what you’re saying.
Could you clarify?
Your perspective is
limited.
So you can't
see the truth.
I understand what
you mean, but let's
ask if everyone feels
the same way.
I am open to your
views, but would
you mind considering
my perspective as well?
What I say is right
because I have proof.
Do you still
want to argue?
Explanation:
In the aggregate expenditures-output model, if aggregate expenditures (AE) are greater than GDP, then:
- employment decreases.
- inventory is accumulated.
- inventory is unchanged.
- inventory is depleted.
When aggregate expenditures are greater than GDP in the aggregate expenditures-output model, inventory is depleted as businesses increase production to meet the higher demand. Option D
Aggregate expenditures (AE) represent the total spending in an economy, including consumption, investment, government spending, and net exports.
GDP, or Gross Domestic Product, measures the total value of all goods and services produced in an economy during a specific time period.
When AE is greater than GDP, it means that the demand for goods and services in the economy is higher than the total value of what is currently being produced.
In response to this higher demand, businesses will begin to increase production to meet the higher level of consumption.
To meet the increased production, businesses may need to hire more workers, which can lead to an increase in employment.
However, before businesses can produce the additional goods and services, they must first use up their existing inventory.
As businesses use up their existing inventory to meet the increased demand, the inventory level in the economy will decrease or become depleted.
As inventory levels are depleted, businesses will continue to increase production to replenish their inventory and meet the ongoing demand, maintaining the cycle of increased economic activity. So the correct answer is Option D.
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What are 20 things to do at home when I have nothing to do and have done all my online school?