A company reports the following beginning Inventory and two purchases for the month of January. On January 26, the company sells 360 units. Ending Inventory at January 31 totals 130 units.
Units Unit Cost
Beginning inventory on January 1 320 $3.10
Purchase on January 9 70 3.30
Purchase on January 25 100 3.40
Required:
Assume the Perpetual Inventory system is used. Determine the costs assigned to ending Inventory when costs are assigned based on LIFO.
Answers
Answer:
$439
Explanation:
Perpetual Inventory method calculates the value of goods held after each transaction.
LIFO stands for First In First Out.
Calculation of cost assigned to ending Inventory - FIFO
30 units × $3.30 = $99
100 units × $3.40 = $340
Total = $439
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When using the AutoFill feature, where should you put the mouse pointer in the cell to get the AutoFill handle?
bottom-left corner
bottom-right corner
top-left corner
top-right corner
Answers
Answer:
bottom right corner
Explanation:
it is a figure of speech in which ideas,action,or object are described in nonliteral terms
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Answer:
parts of speech
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HURRRYYYY PLEASE HELP ME ASAP!!!!
1, Select a company with an international presence that you are familiar with or that you learn about by searching the internet
2.Identify the laws, treaties, acts, and governing bodies (e.g. U.N., WTO, and IMF) that impact their business.
3.Explain the impact these laws, treaties, acts, and governing bodies have on their business.
4.Differentiate the impact of those various laws etc. on their business abroad from the impact of similar things on their business in the United States.
Please provide citation and reference to sources. Quoted language must be put inside quotation marks
Answers
The WTO has a major impact on Toyota in a similar manner.The WTO's primary responsibility is to negotiate trade regulations among its members. As a result, the WTO regulations have a big impact on the Toyota industry.
The company is permitted to import and export the medicine in accordance with WTO regulations. The WTO may have both beneficial and bad effects on enterprises.
Toyota was able to enhance product exports with the help of the WTO. As the WTO upholds the organization's viewpoint to comply with WTO regulations and rules, the company's sales rate has increased.
However, the WTO also has a detrimental effect on Toyota's operations. Due to the substantial influence of its quantity of exports, the World Trade Organisation has continually raised the tariff ceiling. Therefore, it is conceivable to assert that the WTO has an impact on the Toyota company both advantageously and badly.
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In its initial S-1 filing, Groupon presented a non-GAAP performance metric called ACSOI. It was subsequently removed after the SEC objected. a. Why did the SEC question the inclusion of ACSOI in Groupon’s financial statements? Explain whether you think the use of ACSOI was appropriate or not. b. Non-GAAP metrics are common in some industries. For example, same-store-sales in retail, revenue-passenger-miles for airlines, etc. Are non-GAAP measures, such as these, ever of value for financial statement users?
Answers
Answer:
a. Groupon presented the Adjusted Consolidated Segment Operating Income (ACSOI) because it shows a higher amount than EBITDA. The reason is simple, Groupon wanted to show higher revenues and earnings, and the way they thought that they could do it was to use what I call "creative accounting". If the numbers do not match your expectations, play with them and change them until they do. That is exactly what Groupon did.
ACSOI increases EBITDA (which is a non-GAAP metric but it is accepted as valid by all companies) because it excludes certain expenses, e.g. marketing expenses, stock compensations, etc. It is irrational to believe that marketing expenses in a company like Groupon were irrelevant. Just a few years ago Groupon was the fastest-growing internet services company, and online marketing was essential for that type of growth rate.
b. We can just compare EBITDA and ACSOI, both are non-GAAP metrics, but one is properly designed, useful and actually shows how a company's cost structure works. But ACSOI is deliberately used to fool investors.
Some non-GAAP metrics are very useful, such as managerial accounting. Financial reports are tools and how helpful or useful they are depends on people. If you try to fool investors and trick them, eventually they will realize it.
The securities markets in the U.S. are heavily regulated. The primary reasons for this are _____. (Select all that apply.)
it protects investors from all personal loss
it ensures that markets are fair
large investors demand it
risk is reduced in a heavily regulated market
Answers
Answer:
A,B and D
Explanation:
it protects investors from all personal loss, it ensures that markets are fair and risk is reduced in a heavily regulated market are the most valid reasons why the U.S. security markets would be regulated.
Moreno Motors Inc. identifies that bikers are usually the first users of their newly launched products. The firm sends consultants to biker rallies to discover how bikers who use Moreno motorcycles modify them to extend their usage, as well as the desired benefits. Recent visits revealed that bikers were seeking items, such as bolt-on chrome products, horsepower performance enhancers, and improved braking systems in Moreno motorcycles. In this example, Moreno Motors Inc. is studying which of the following groups of customers?
a) lead users.
b) mainstream customers.
c) laggards.
d) captive customers.
e) spinners.
Answers
Answer:
a) lead users.
Explanation:
Lead users are very skilled and experienced users in certain products and this users know extensively about the product application and how this products can be modified to satisfy their needs.
Lead users find solutions to problems through the use of innovation thereby improving or changing parts of the products thereby they are significant evaluating products.
The monthly demand for a part is 1,500 units.
(a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) annual total inventory cost.
Answers
Explanation:
Jhfhfnfbsnnfnf is a great place to work
Explain two advantages to TGH of segmenting the market for sport shoes
Answers
1. Targeted Marketing: By segmenting the market, TGH can identify specific groups of consumers with distinct needs, preferences, and behaviors related to sport shoes. This allows them to tailor their marketing efforts and product offerings to meet the specific demands of each segment. For example, they can develop different marketing messages, designs, or features for segments such as professional athletes, casual runners, or fashion-conscious individuals. This targeted approach enhances the effectiveness of marketing campaigns, leading to increased customer engagement, brand loyalty, and ultimately, higher sales.
2. Competitive Advantage: Segmenting the market can help TGH gain a competitive edge over rivals. By focusing on specific segments, TGH can better understand their unique requirements and deliver superior products and services compared to competitors who adopt a more generic approach. This can lead to enhanced customer satisfaction and loyalty within those segments. Additionally, TGH can identify niche or underserved segments within the sport shoe market and develop specialized products to cater to their needs. By catering to these niche segments, TGH can differentiate itself from competitors and establish a strong position in the market.
Overall, market segmentation allows TGH to optimize their marketing efforts, cater to diverse consumer needs, and gain a competitive advantage by focusing on specific market segments.
explain the peripheral functions of management
Answers
Answer:
Explanation:
The peripheral functions of management refer to the additional activities that support the primary functions of planning, organizing, leading, and controlling. These peripheral functions include activities such as communication, decision-making, problem-solving, and coordination. They play a crucial role in ensuring effective management by facilitating information flow, resolving issues, making informed choices, and promoting collaboration among team members. While not the core functions, these peripheral activities are essential for the overall success and efficiency of an organization.
Hope it helps!
15 points to whoever helps and gives the answer
Answers
How do I find a digital marketing services?
Answers
To find digital marketing services, you can follow several steps such as define your goals, research and compare, assess their services, etc.
Define your goals: Determine what you want to achieve with digital marketing, such as increasing website traffic or improving social media presence.
Research and compare: Look for reputable digital marketing agencies or freelancers online. Read reviews, testimonials, and case studies to assess their expertise and track record.
Assess their services: Check if the digital marketing service providers offer the specific services you need, such as search engine optimization (SEO), pay-per-click (PPC) advertising, social media management, content marketing, or email marketing.
Request proposals: Reach out to the selected digital marketing service providers and request detailed proposals. Ask about their strategies, timelines, pricing, and expected results.
Consider experience and expertise: Evaluate the agency's experience in your industry and their expertise in using various digital marketing channels and tools.
Communication and collaboration: Assess their communication skills and willingness to understand your business needs. Look for a provider that can collaborate effectively with your team.
Budget considerations: Compare the costs of different service providers and ensure they align with your budget and expected return on investment.
Select the right fit: After thorough evaluation, choose a digital marketing service provider that best matches your requirements, expertise, and budget.
Remember to conduct due diligence before finalizing an agreement and ensure the provider aligns with your long-term goals and values.
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Amy is buying a new laptop. She is interested in what her peers have to say about laptops. Amy reached out to her friends because the use of a laptop is
Answers
Amy is buying a new laptop. She is interested in what her peers have to say about laptops. Amy reached out to her friends because the use of a laptop is situation decision to make. Thus the correct option is Last.
What is the laptop?A laptop is referred to as an electronic device that is the latest technology having similar features to a computer. The laptop is easy to carry and can be used in traveling or in motion due to its portability.
In order to avoid using a strategy, situational decision-making entails making sensible, practical decisions or choices while taking into account the unique scenario or context.
In order to make a decision about buying a new laptop Amy is looking for feedback from her peers and friends about the laptops to make the best possible use of a laptop for work purposes based on the evaluation of their responses.
Therefore, the last option is appropriate.
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Which is these is true about trusts?
OA. They have less tax liability.
OB. They have multiple beneficiaries.
C. They require power of attorney.
OD. They have more tax liability.
Answers
Answer: The answer is They have more tax liability.
Explanation:Trust is a fiduciary relationship.In this, a first party gives the right to assets or the right to hold the title to a second party for the benefit of a third party.The first party is called the Grantor.The second party is called as the Trustee.The third party is called as the Beneficiary.As the trust is a seperate legal and taxable entity, the tax payment of the trusts depend upon whether it is a simple trust,complex trust or a grantor trust.The tax brackets of trusts are more compressed.So, the trusts pay more taxes than individual taxpayers.
Conduct Internet research and find whether your state levies inheritance tax. and how is it different from the federal inheritance tax.
Answers
Answer:
My state is Wisconsin, and Wisconsin does not levy a state inheritance tax, nor a estate tax, being one of the 34 states that do not levy any of these two taxes.
This is in contrast with the federal leve, because there is a federal inheritance tax, although with a quite high exemption of around 11 million for individuals, and of 22 million for married couples.
Answer:Inheritance tax is a tax that a person has to pay on money or property inherited after the death of a family member, loved one, and so on. This tax is sometimes referred to as a death tax. It is fundamentally a state tax.
In the federal inheritance or estate tax, the tax value depends on the fair market value of the inheritance. The amount is then levied on the representative of the estate. The taxable amount comes from the value of the estate. Then, the balance goes to the beneficiary of the estate.
As per the state inheritance tax, the beneficiary of the estate must pay the taxable amount. For example, if five family members inherit a property from a deceased relative, each member will individually pay tax on their share of the inheritance
Only eight states have inheritance taxes, these include Indiana, Iowa, Kentucky, Maryland, Nebraska, New Jersey, Pennsylvania, and Tennessee. My state, the state of Texas, does not levy an inheritance tax. Even for states that do levy such taxes, many beneficiaries are exempt from the tax under various circumstances.
Explanation: plutos example after answering question so change it up a little dont use word for word.
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Answers
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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drag and drop the steps of the DG pickup process into the correct order then click submit
Answers
The steps of the DG pickup process which are put into the correct order are as follows:
Download and Install the DG applicationMake enquiries on whether the particular store makes use of DG pickupMake an order and reserve a time slotAdd the items to the virtual cartPut the digital coupons of the DG pickupCheckoutWhat is a Pickup Service?This refers to a type of service which is used to deliver goods from one location to a customer at his preferred location.
With this in mind, we can see that the correct steps of making use of online pickup service such as DG pickup is shown as there needs to be the installation of the app, then to add the items to the cart and finally checkout.
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Describe one specific change you would suggest for the Wells Fargo pay plan in one paragraph. E.x. add a different performance outcome or get more specific on how one of their new performance outcomes could be enacted or consider how to improve internal whistleblowing. Remember that contingent rewards often have unintended consequences, so explain how your change will help assure the performance outcome actually desired in another paragraph.
Answers
If you are an employee and you disclose specific wrongdoings. Usually, but not always, this will be something you've seen at work. You must reveal misbehavior that is in the public interest.
What is performance outcome?
A measurement based on an action taken by a patient in accordance with guidance given by a healthcare provider. PerfO assessments necessitate the cooperation and motivation of the patient.
Wells Fargo promotes online investment opportunities for investors by providing banking, insurance, deposits, loans, and funding for individuals and businesses through more than 8,600 jurisdictions, 13,000 ATMs, the platform, and mobile capital, as well as through its outlets in 36 regions and nations. With over 268,000 employees, Wells Fargo serves one in every five households in the United States. In fact, Wells Fargo & Company is ranked No. 27 on the 2016 Money list of the top corporations in the country.
Meeting our customers' financial needs and promoting their economic well-being are important priorities for Wells Fargo. Opportunities on Wells Fargo are also available at Wells Fargo Blogs and Wells Fargo Stories.
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A source document should always do which of the following?
A. Be printed on paper
B. Record the date of the transaction
C. Bear an authorized
D. Include a number that can be used for recording
Answers
Answer:
Record the date of transaction
Explanation:
A proper segregation of duties requires that an individual A. Authorizing a transaction records it. B. Maintaining custody of an asset be entitled to access the accounting records for the asset. C. Recording a transaction not compare the accounting record of the asset with the asset itself. D. Authorizing a transaction maintain custody of the asset that resulted from the transaction.
Answers
Answer:
C. Recording a transaction not compare the accounting record of the asset with the asset itself.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
Segregation of duties helps to ensure that no single person has a sole control over the life cycle or span of a particular transaction. Thus, it is typically used for internal controls and risk management in businesses.
Hence, a proper segregation of duties requires that an individual that is saddled with the responsibility of recording a transaction not to compare the accounting record of the asset with the asset itself, instead it would be compared by another as an internal control measure.
Lucas Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below: Beginning work in process inventory: Units in beginning work in process inventory 900 Materials costs $ 9,600 Conversion costs $ 7,700 Percent complete with respect to materials 60 % Percent complete with respect to conversion 45 % Units started into production during the month 8,100 Units transferred to the next department during the month 6,900 Materials costs added during the month $ 115,800 Conversion costs added during the month $ 120,500 Ending work in process inventory: Units in ending work in process inventory 2,100 Percent complete with respect to materials 75 % Percent complete with respect to conversion 20 % The cost per equivalent unit for conversion costs for the first department for the month is closest to:
Answers
Answer:
$17.51
Explanation:
Note that Lucas Corporation uses the weighted-average method
Equivalent units
Conversion costs = 6,900 x 100 % + 2,100 x 20 %
= 7,320
Total Cost
Conversion costs = $ 7,700 + $ 120,500
= $128,200
Cost per equivalent unit
Cost per equivalent unit = $128,200 / 7,320 = $17.51
Conclusion
The cost per equivalent unit for conversion costs for the first department for the month is closest to $17.51.
Refer to the Learning Activity titled “Introduction to Ratio and Rates: Comparing Values.” Describe the technique that was used to solve Example 3. What other approaches might you use to solve the same problem? Suppose a customer prefers to work with the criterion “How many items can be purchased for $1?” Explain why that might be a meaningful comparison for the customer to use, and explain how the comparison would then be able to compare two different items having different selling prices.
Answers
Example 3 in the "Introduction to Ratio and Rates" Learning Activity was solved by comparing unit rates, while alternative methods include equivalent fractions and proportions; comparing items based on their purchase quantity for a set amount can be a valuable comparison method for customers, despite differing prices.
In Example 3 of the Learning Activity, the technique used to solve the problem was to calculate the unit rate (price per item) for each of the two items being compared and then compare the unit rates. One approach that could be used to solve the same problem is to calculate the total cost of purchasing the same number of items for each of the two items being compared and then compare the total costs.
If a customer prefers to work with the criterion "How many items can be purchased for $1?", this would be a meaningful comparison as it allows the customer to understand the relative value of different items. To compare two different items with different selling prices, the customer could calculate the unit price (price per item) for each item and then determine how many items can be purchased for $1 for each item. The item that allows the customer to purchase more items for $1 would be the more valuable option.
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A business would like to increase consumer demand for a product that has
not been selling well. According to the law of demand, how could the
business accomplish this goal?
OA. By increasing the supply of the product
B. By selling the product at a lower price
C. By selling the product at a higher price
D. By decreasing the supply of the product
SUBMIT
Answers
Answer:
B. By selling the product at a lower price
Explanation:
According to the law of demand, the business can increase consumer demand for a product that has not been selling well by selling the product at a lower price.
Therefore, the correct answer is B. By selling the product at a lower price.
How frequently is the value of insurers variable sub accounts normally calculated
Answers
Answer:
Everyday because the ever-increasing complexity of our securities laws has led to a great deal of confusion among investors over the differences between mutual funds and variable annuity sub-accounts.
Explanation:
That's the answer.
Carlos is 25 years old and has $3000 he wants to invest. He doesn’t want to risk losing a lot of money, so he is looking for a low-risk investment. He wants to invest for five years, and then he will need his money back (plus the interest he earns.) What is the BEST investment choice for Carlos?
Answers
The best place where Carlos can invest his money in a low-risk investment would be to buy some shares.
What is an Investment?This refers to the business plan that is made to put some money into a business venture with the aim of getting profit after a time period.
Hence, we can see that based on the fact that Carlos is young and has about $3,000 to put in a low-risk investment, it would be good for him to buy shares in a reputable company and get his money back with interest after some years.
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In your opinion, what are the forms of institutional advertising that are suitable for banks in Palestine with examples. Why??
Answers
Answer:
Institutional advertising for banks in Palestine should take into account the cultural sensibilities of the country.
As a muslim country, banks should take into account not only local Palestinian culture, but also general islamic culture when developing their advertising.
Palestine also has complex foreign relationships. Banks should also take this into account in order to create advertising that is effectively catered to the Palestinian people.
A company's net sales were $738,800, its cost of goods sold was $246,020 and its net income was $68,200. Its gross margin ratio equals:____________
Answers
Answer:
5
Explanation:
Scenario:
B. Paul and his wife are investigating the possibility of starting a new restaurant in Beaufort, a small town in the South Carolina low country. It has been Paul's lifelong dream. Paul has won a lottery and is trying to decide if this is what he wants to do with the prize money. He decides to do an analysis of the competitive environment. After his analysis, he discovers several important issues. First, it will cost most of Paul's lottery winnings to finance a restaurant in Beaufort. Second, it will be difficult to attract new customers because they have so many eating choices available to them in Beaufort and the surrounding towns. Finally, the competition in the restaurant industry is considered fierce by industry analysts and this is frightening to someone like Paul, who has never worked in that industry. Which of the following factors would Paul have considered while analyzing the competitive environment?
a. technology
b. substitutes
c. legal factors
d. economic factors
e. demographics The information that Paul has collected in his competitive analysis can be referred to as:______.
a. corporate espionage.
b. competitive intelligence.
c. domain selection.
d. strategic vision
e. mission statement
Answers
Answer:
b. substitutes
b. competitive intelligence.
Explanation:
In the context, Paul and his wife wishes to open up a new restaurant in Beaufort and did much of analysis and research before taking any decision and studying the restaurant industry market.
The factor that Paul have considered in analyzing the competitive environment is the substitutes. The competitive environment as described by Michael Porter includes customers, substitutes, suppliers, new entrants, compliments and other rival firms.
The information Paul has collected in the competition analysis can be referred to -- competitive intelligence.
Competitive intelligence may be defined as the information that is necessary in deciding how best to manage in the competitive environment that the managers have identified.
If the equilibrium price for tickets to a a Lady Antebellum concert is $100 each and they sell them for $85,
Answers
Answer: you save $15
Explanation: 100-85 is 15 and the tickets are selling for $85 instead of original price
Explanation:
The cost of an items is 200. what will be the cost of 50 such. write a simple program
What is the difference between supply and quantity supplied?(1 point) Responses Supply is the total amount of goods available; quantity supplied is how much is made available at each price level. Supply is the total amount of goods available; quantity supplied is how much is made available at each price level. Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer. Supply deals with the decisions of consumers and quantity supplied deals with the decisions of a producer. Supply and quantity supplied are the same. Supply and quantity supplied are the same. Supply is how much consumers are willing to buy; quantity supplied is how much is made available.
Answers
Supply is the total amount of goods available; quantity supplied is how much is made available at each price level.
What is the difference between quantity supplied and quantity demanded?Excess demand occurs when there is more demand for a good or service than there is supply for the price being asked. A shortage is another name for this. Excess Supply: When the quantity delivered at the agreed-upon price is greater than the quantity required. A surplus is another name for this.
What is difference between supply and quantity supplied?Supply is a measure of how much the market can provide at various prices. Quantity supplied, on the other hand, shows the volume of goods that producers will offer at a given cost. The commodity's supply is shown by the supply schedule or supply curve.
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A Christmas promotion included a $2.5 mail-in rebate for the purchase of a 10-liter bottle of milk and a store coupon for $1.39 off a 5-liter bottle of vegetable oil. Jesse Gatling bought one 10-liter bottle of milk for $33.00 and a 5-liter bottle of vegetable oil for $26.89. Calculate his total cost if an envelope cost $0.10 and a stamp cost $0.28
Answers
His total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.
After the mail-in rebate, the price of the 10-liter bottle of milk is
\($33.00 - $2.50 = $30.50\)
After the store coupon, the price of the 5-liter bottle of vegetable oil is
\(26.89- 1.39= $25.50.\)
The two items cost Jesse a total of \(($30.50 + $25.50)= $56.00.\)
If an envelope costs $0.10 and a stamp is $0.28,
The total cost of sending in the rebate is $0.10 + $0.28 = $0.38
The total cost if an envelope cost $0.10 and a stamp cost $0.28 is $56.38.
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