Bonita Company has the following inventory information. July 1 Beginning Inventory 30 units at $90 5 Purchases 70 units at $90 14 Sale 45 units 21 Purchases 40 units at $90 30 Sale 28 units Assuming that a perpetual inventory system is used, what is the ending inventory (round all unit costs to three decimal places and all cost of goods sold and balance calculations to nearest dollar) under the moving-average cost method? Select answer from the options below $6030 $6035 $6010 $6016

Answers

Answer 1

The ending inventory under the moving-average cost method is $6,030. Option A

How to calculate the ending inventory under the moving-average cost method

Under the moving-average cost method, the cost of goods available for sale is divided by the total number of units available for sale to obtain an average cost per unit, which is then used to calculate the cost of goods sold and ending inventory.

Here are the calculations:

Calculate the cost of goods available for sale:

Beginning inventory: 30 units × $90 per unit = $2,700

Purchases on July 5: 70 units × $90 per unit = $6,300

Purchases on July 21: 40 units × $90 per unit = $3,600

Total cost of goods available for sale = $2,700 + $6,300 + $3,600 = $12,600

Calculate the total number of units available for sale:

Beginning inventory: 30 units

Purchases on July 5: 70 units

Purchases on July 21: 40 units

Total units available for sale = 30 + 70 + 40 = 140 units

Calculate the average cost per unit:

Total cost of goods available for sale / Total units available for sale = $12,600 / 140 = $90 per unit

Calculate the cost of goods sold:

Cost of goods sold = 45 units × $90 per unit = $4,050

Calculate the ending inventory:

Units available for sale - Units sold = 140 units - 45 units - 28 units = 67 units

Ending inventory = 67 units × $90 per unit = $6,030

Therefore, the ending inventory under the moving-average cost method is $6,030.

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Related Questions

One of Shanice's team members is not happy with their performance review and refuses to accept the rating she gave. What should Shanice do?

Answers

Shanice should aim to resolve the issue through open communication, active listening, and a willingness to address the team member's concerns.

Listen and understand: Shanice should create an open and safe space for the team member to express their concerns. She should actively listen and seek to understand their perspective. This demonstrates empathy and shows that she values their input.

Provide clarity: Shanice should provide a clear explanation of the performance review process, including the criteria used to evaluate performance and the specific examples that led to the assigned rating. This can help address any misunderstandings or misconceptions.

Address concerns and offer feedback: Shanice should address the team member's specific concerns and provide constructive feedback. She can highlight areas for improvement and offer guidance on how to enhance performance. It's important for Shanice to focus on specific behaviors and outcomes rather than personal attacks or generalizations.

Seek input and involve the team member: Shanice can ask the team member for their suggestions on how to improve their performance or address their concerns. Involving them in the process can foster a sense of ownership and encourage collaboration.

Consider a reevaluation: If Shanice believes there may have been an oversight or if the team member presents compelling evidence, she can consider a reevaluation of the performance review. This may involve gathering additional feedback or revisiting the evaluation criteria.

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Smith and Johnson are partners. Smith's capital balance in the partnership is $56,000, and Johnson's capital balance $42,000. Smith and Johnson have agreed to share equally in income or loss. Smith and Johnson agree to accept Benson for a 25% interest. Benson will invest $40,000 in the partnership. The bonus that is granted to Smith and Johnson equals:

Answers

Answer:The bonus that is granted to Smith and Johnson equals:$5,500

that is $2750 each for Smith and Johnson since they share equally.

Explanation:

Given that

Smith's capital balance = $56,000

Johnson's  capital balance = $42,000

Since the  partners agree to accept Benson with 25% interest

Benson  invests  $40,000

Now, After allowing Benson,  

Total Partnership Equity =Smith's Capital + Johnson's Capital + Benson's Investment

=$56,000 + $42,000 +$40,000 = $138,000

The share of Benson  in equity is given as,

$138,000 x 25% = $34,500

The Bonus that is present  for Smith and Johnson is

Benson's investment - Benson share of equity

= $40,000 - $34,500

=$5,500

Thus,

When equally shared becomes  $2750 each for both Smith and Johnson

researching investments online can be valuable because

Answers

Answer:

Researching investments online can be valuable because: If the information is trustworthy it can provide a recent status of the investment. Also, online research tools provide the ability to find a great number of diverse investments

Explanation:

Answer:

d) You can track stock value trends over time

Explanation:

DisequilibriumSuppose the market for cars is unregulated. That is, car prices are free to adjust based on the forces of supply and demand.If a shortage exists in the car market, then the current price must be _______ than the equilibrium price. For the market to reach equilibrium, you would expect _________.

Answers

Hence if a shortage exists in the car market, then the current price must be lower than the equilibrium price. So for the market to reach equilibrium, you would expect buyers to offer higher prices.

What is the equilibrium price?

The equilibrium price, also known as the market-clearing price, is the cost to the consumer of an item or service at a point in time where supply and demand are equal or nearly equal. Economics defines economic equilibrium as a state in which supply and demand are in balance and where, in the absence of external influences, the values of economic variables remain constant.

Any market's equilibrium price is the one at which supply and demand are balanced. The amount that is provided and demanded at the same price is known as the equilibrium quantity.

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discuss the negative impact of the socio-economic issues identified in QUESTION 1.5lack of skill on business.​

Answers

Answer:

A lack of skill in business may have many negative socio-economic impacts, both at the societal level, and at the individual level.

Explanation:

At the societal level, this lack of business skills may produce a society in which entrepreneurship is low, which causes the private sector have poor dynamic, and economic growth to be sluggish. This can create an array of  negative socio-economic issues from unemployment, to poverty, to income inequality.

At the individual level, lack of business skills represents a handicap for individuals who would like to become business owners, but are thus unable to do so effectively. Their business may fail very quickly, leaving individuals in debt, or they may simply not start businesses at all, and be employees all their lives.

Cooper recently accepted a job that comes with a slightly lower salary than he was hoping for. However, the position offers him valuable training and knowledge that will likely help him obtain a better position down the road. This can be referred to as a:


job benefit mix.


demotion.


creative strategy.


professional association.

Answers

This can be referred to as a job benefit mix, hence option A is the correct answer.

What is job benefit mix?

The range of benefits supplied by a company is referred to as the job benefits mix. Two positions may have similar defined salary, but their overall compensation may differ greatly based on the value of the benefits provided.

Many firms provide four basic categories of employee benefits: medical insurance, life insurance, disability insurance, and retirement plans.

Traditionally, most employee benefits fell into one of four categories: medical insurance, life insurance, retirement plans, and disability insurance.

Employee benefits are a type of compensation that is provided in addition to a salary or pay. Medical, disability, and life insurance are common non-wage benefits, as are retirement savings, paid time off, and sick leave.

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What are the main types of contracts if you decide to outsource? What are the advantages and disadvantages of each? g

Answers

Answer:

Time-and-materials contracts, which bill the project at an agreed-upon rate based on actual resources used and time spent by developers.

Fixed-price contracts, which bill the project at a flat rate, regardless of the time spent or resources used.

Explanation:

Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples

Answers

Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

under manufacturing what are the following national and international business opptunities

Answers

When nations cannot successfully produce a true or service, they can seek to acquire it through trade with every other country. These opportunities to specialize regularly lead to greater effectivity in production, greater levels of innovation, and extended satisfactory of development.

Which of the following is are kind kinds of global enterprise *?

The fundamental sorts of International business include: Export Trade: Selling products and services to different nations. Import Trade: Buying items and offerings from different countries. Entrepot Trade: Importing items and offerings to re-export them to other nations.

Attract foreign demand: Some companies are unable to extend their market share due to fierce competition within the enterprise

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Combining Supply and Demand
Scenario: The following shows a demand and supply schedule listing CDs demanded and supplied in the
millions) per week at each price. Graph each the following demand/supply schedules on one demand graph
and then answer the questions below:.
$6
Shortage/
Surplus
(Qs - Qd)
$5
$4
Price Per Quantity Quantity
Compact Demanded Supplied
Disc (Qd) (Qs)
$6
o
9
$5
2
6
$4
3
5
$3
4
4
$2
6
3
$1
9
0
$3
$2
$1
1
2 3 4 5 6 7 8
9 10 11 12 13 14

Answers

Answer:

the answer is $3

Explanation:

NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?

Answers

Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.

To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

First, let's calculate the dividends for the next 7 years:

Year 1: $2.25 (given)

Year 2: $2.25 * (1 + 18%) = $2.655

Year 3: $2.655 * (1 + 18%) = $3.1399

Year 4: $3.1399 * (1 + 18%) = $3.7029

Year 5: $3.7029 * (1 + 16.5%) = $4.3177

Year 6: $4.3177 * (1 + 16.5%) = $5.0273

Year 7: $5.0273 * (1 + 6.5%) = $5.3485

Next, let's calculate the present value of these dividends using the required rate of return of 11%:

PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7

PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7

Finally, summing up the present values, we can estimate the stock price:

Stock Price = PV

Calculating this equation will give the estimated stock price of NBM common stock.

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What are three advantages and three disadvantages of globalization

Answers

Living dying survival food water animals according to my ficisallogu Shri

00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]​

Answers

The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.

Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.

Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.

Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.

Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.

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Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.)









Questions 1-6 of 6 | Page 1 of 1
Question 1 (10 points)
What is Deborah’s break-even point ? (the point at which there is no profit and where expenses and revenue are equal) (this will require you adding up the cost of all four components of making a CD) Remember to use proper accounting format when entering $.



Blank 1:
Question 2 (10 points)
By buying in bulk, she managed to get 6,000 CD’s manufactured for $9,000. What was the cost per unit for manufacturing ?


Blank 1:
Question 3 (10 points)
What is the cost per unit including all expenses ?

Blank 1:
Question 4 (10 points)
Deborah wants to break even after selling 1,200 CD’s. What will she have to charge per CD to accomplish this ?


Blank 1:
Question 5 (10 points)
How many CD’s will she need to sell at the price calculated in question #4 to earn a 20 percent profit ?

Blank 1:
Question 6 (10 points)
What will her profit be if she sells all of her CD’s at the price calculated in question #4 and the quanitity calculated in question #5 ?

Blank 1:

Answers

Answer:Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.) No

Explanation:

Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.) asdasd

What situation best illustrates the role of businesses in the circular flow of goods?
A. A taxi driver take a group of students to the airport.
B. A website sells the products made by many different companies.
C. A company makes a new line of kitchen appliances.
D. A factory produces steel used in cars and trucks.

Answers

A company makes a new line of kitchen appliances is the situation best illustrates the role of businesses in the circular flow of goods. Thus, option (c) is correct.

What is businesses?

The term “business” refers to earning a benefit. The business is taking the risk and gaining the benefit. The business is in the main concentrated on the activities of the creative activity, organization, and merchandising of concepts.

A process of the businesses in the circular flow of goods. It was the market situation basis to create the new line of products on such as kitchen appliances. It was the different from their usual production line.

As a result, the significance of the company makes a new line of kitchen appliances are the role of the businesses are the aforementioned. Therefore, option (c) is correct.

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Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki’s records show the following for the month of January. Sales totaled 330 units.



Date Units Unit Cost Total Cost
Beginning Inventory January 1 300 $ 90 $ 27,000
Purchase January 15 400 100 40,000
Purchase January 24 300 120 36,000


Required:

Calculate the number and cost of goods available for sale.
Calculate the number of units in ending inventory.
Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods.

Answers

1. The number and cost of goods available for sale are 1,000 units and $103,000, respectively.

2. The number of units in the ending inventory is 670 units.

3. The cost of ending inventory and the cost of goods sold using the following cost methods are:

                                      FIFO          LIFO         Weighted Average

Ending inventory       $73,000    $64,000            $69,010

Cost of goods sold   $30,000    $39,000           $33,990

What is the cost of goods sold?

The cost of goods sold can be determined as the difference between the cost of goods available for sale and the ending inventory after determining the cost of the ending inventory using different cost methods.

Some of the inventory costing techniques, based on assumptions of the physical inventory flows, include:

FIFO (First-in, First-out)LIFO (Last-in, First-out)Weighted AverageSpecific Identification.

Date            Activities                    Units   Unit Cost   Total Cost

January 1    Beginning Inventory  300         $90         $27,000

January 15  Purchase                    400          100           40,000

January 24 Purchase                    300          120           36,000

Total                                             1,000                       $103,000

Average cost per unit = $103 ($103,000/1,000)

Sales                                               330

Ending inventory                           670

FIFO:

Cost of Ending Inventory = $73,000 (300 x $120 + 370 x $100)

Cost of goods sold = $30,000 ($103,000 - $73,000)

LIFO:

Cost of Ending Inventory = $64,000 (300 x $90 + 370 x $100)

Cost of goods sold = $39,000 ($103,000 - $64,000)

Weighted Average Cost:

Cost of Ending Inventory = $69,010 ($103 x 670)

Cost of goods sold = $33,990 ($103 x 330)

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A change in the estimated useful life and residual value of machinery in the current year is handled as:

Answers

Answer: change in accounting estimate

Explanation: a change in estimate can occur when the company change the estimate used to calculate depreciation. As such, it requires a prospective application accounting treatment meaning the affect of the change on depreciation is only for the current and future years only.

DONT ANSWER PLZZZZZZZZZ

Answers

Answer:

ok i gochu

Explanation:

Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with
an apprenticeship in the student's chosen trade to provide hands-on training.
How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4
O It leads to less hands-on training and less difficulty finding a job.
O It creates less debt from tuition and the ability to enter the workforce sooner.
O It leads to more hands-on training and more difficulty finding a job.
O It creates more debt from tuition, and trade school takes longer to complete.

Answers

Going to a trade school rather than a university can positively affect the long-term financial goals of an individual by Option B. It creates less debt from tuition and the ability to enter the workforce sooner.

One of the primary advantages of choosing a trade school is the lower cost of tuition compared to a traditional university. Trade schools typically have lower tuition fees, making them more affordable for many students. This translates to less debt burden, allowing individuals to start their careers with a smaller financial obligation.

Additionally, trade school programs are typically shorter in duration, typically taking two years to complete. This means that students can enter the workforce and start earning sooner compared to the longer duration of university programs. By gaining early entry into the workforce, individuals have the opportunity to start earning and saving money earlier, contributing to their long-term financial goals.

Furthermore, trade school programs often emphasize hands-on training and practical skills development. This prepares students directly for their chosen trade and enhances their employability. They gain specific, job-related skills that are in demand, which can make it easier for them to find employment in their field upon completion of the program.

In contrast, attending a university often involves higher tuition costs, longer program durations, and a broader education rather than a focused trade-specific curriculum. While universities provide valuable knowledge and opportunities for certain careers, trade schools offer a more cost-effective and streamlined path for individuals seeking hands-on training and immediate entry into the workforce. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Many graduates choose to go to a community college or a trade school after graduation to save money on tuition. Typically, a trade school program takes two years to complete and ends with an apprenticeship in the student's chosen trade to provide hands-on training. How does the decision to go to a trade school rather than a university affect the long-term financial goals of an individual? IE.1.4

A. It leads to less hands-on training and less difficulty finding a job.

B. It creates less debt from tuition and the ability to enter the workforce sooner.

C. It leads to more hands-on training and more difficulty finding a job.

D. It creates more debt from tuition, and trade school takes longer to complete.

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11. a. Suppose David spends his income M on goods x1 and x2, which are priced p1 and p2, respectively. David’s preference is given by the utility function
(1, 2) = √1 + √2.
(i) Derive the Marshallian (ordinary) demand functions for x1 and x2. (25 marks)
(ii) Show that the sum of all income and (own and cross) price elasticity of demand
for x1 is equal to zero. (25 marks) b. For Jimmy both current and future consumption are normal goods. He has strictly convex and strictly monotonic preferences. The initial real interest rate is positive. If the real interest rate falls, in each of the following cases, argue what will happen to his period 2 consumption level? Clearly illustrate your argument on a graph.
(i) He is initially a borrower. (25 marks)
(ii) He is initially a lender. (25 marks)

Answers

Answer:

Explanation:

D

What is one specific requirement of a negotiable instrument?
O A. It must involve an exchange of goods.
B. It must provide for a fixed amount of money.
O C. It must be agreed to orally.
O D. It must involve two parties who are friends.

Answers

Answer:

B

Explanation:

Click this link to view O'NET's Skills section for Human Resources Managers, Note that common skills are listed
toward the top and less common skills are listed toward the bottom. According to O'NET, what are some common
skills needed by Human Resources Managers? Select four options
management of personnel resources
operation and control
social perceptiveness
speaking
O active listening
troubleshooting

Answers

Answer: B C and E

Explanation: Brainliest please

Answer:

A, C, D, and E.

Explanation:

Which is correct? I need help please!!

Which is correct? I need help please!!

Answers

the answer is hold team members accountable for the team’s performance.

Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.


Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31

Answers

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

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why does a venue require an F&B minimum​

Answers

A food and beverage minimum is the amount you required to spend on food and beverage to use a space. It rarely includes taxes, fees or gratuities. It also often takes of a room rental fee
-I hope this helps!! Make me brainliest

GIVING 50 POINTS AND BRAINLIEST
PLS HURRY

Answers

Answer:

i aint downloading the document sounds fishy

it sounds fishy sorry- lol

Answer:

yeah sounds fishy but thanks anyways

Explanation:

sorryyy

Which of the following analogies best describes a supply chain?
A supply chain is like a jet engine; a mixture or two elements are combined to increase force.
A supply chain is like an animal's digestive system with food moving from the mouth through the body and broken down with
nutrients distributed to waiting organs along the way.
A supply chain is like an ant colony with defined roles and responsibilities for each member.
A supply chain is like the weather, it is constantly moving and causing change.

Answers

The third one is the answer. Like Nutrients distributes to waiting organs along the way

If a loan has a nominal interest rate of 8% and is compounded monthly, what is the effective annual interest rate?

Answers

The effective annual interest rate for a loan with a nominal interest rate of 8% compounded monthly is approximately 8.57%

To calculate the effective annual interest rate (EAR) from a nominal interest rate compounded monthly, you can use the formula:

EAR = (1 + r/n)^n - 1

Where:

r is the nominal interest rate (in decimal form)

n is the number of compounding periods per year

In this case, the nominal interest rate is 8% or 0.08, and the loan is compounded monthly, so n = 12 (12 months in a year). Let's plug in these values and calculate the effective annual interest rate:

EAR = (1 + 0.08/12)^12 - 1

= (1 + 0.0066667)^12 - 1

≈ 0.0857 or 8.57%

Therefore, the effective annual interest rate for a loan with a nominal interest rate of 8% compounded monthly is approximately 8.57%.

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WHAT ARE FLUOROPLASTIC LIMITATIONS ?

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Fluoroplastic is the term given to a class of plastics where the hydrogen atoms of the hydrocarbon chains have been replaced with fluorine atoms. This change drastically alters the properties of the plastic, allowing it to be used in several specialty applications.

Because fluoroplastics are highly inert, they are ideal for protecting industrial parts and components, such as washers, seals, gaskets and pump interiors from electrochemical corrosion attack. One of the most popular members of the fluoroplastic family is polytetrafluoroethylene (PTFE), known commercially as Teflon. Other common fluoroplastics include fluoronated ethylene propylene (FEP), perfluoroalkoxy (PFA), and polyvinyl fluoride (PVF).

Fluoroplastics possess several unique features that distinguish them from regular plastics. Some of their most beneficial properties include:

Non-stick characteristics
Resistance to high temperatures
Resistance to chemical and solvent attack
High electrical resistance
These properties allow fluoroplastics to be used in many life-saving and safety-related applications, such as coating protective garments for fire and chemical resistance. They are also commonly used to insulate hidden wires and cables.

A predetermined amount of cash used by a cash register clerk to make change for customers normally consists of a range of bills and coins is known as: a) None of the available choices b) cash float c) cash register b) cash equivalent

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A predetermined amount of cash used by a cash register clerk to make change for customers normally consists of a range of bills and coins is known as cash equivalent.  

Cash equivalents include Treasury bills issued by the United States government, bank certificates of deposit, bankers' acceptances, corporate commercial paper, and customers money market instruments. All of these financial instruments are frequently short in maturity, have a highly liquid market, and are low risk. Cash and cash equivalents are defined as cash and bank balances, as well as current investments with maturities of less than three months from the date of acquisition.

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