The cost flow method that often parallels the actual physical flow of merchandise is the:.
Answers
The cost flow method that often parallels the actual physical flow of merchandise is the specific identification costing method.
The Specific Identification costing method is the method of determining the cost of goods sold (COGS) that identifies the actual cost of each item in inventory. This means that each item sold is assigned a specific cost based on its unique identification number. The Specific Identification costing method is used only when it is possible to track individual inventory items. It is commonly used by companies with low inventory turnover and high-value items such as car dealerships, antique shops, art galleries, and so on. Therefore, the cost flow method that often parallels the actual physical flow of merchandise is the specific identification costing method.
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Related Questions
How are securities connected to the last Housing Bubble (it eventually burst in 2007)?
Answers
In March 2007, the United States' subprime mortgage industry collapsed due to higher-than-expected home foreclosure rates (no verifying source), with more than 25 subprime lenders declaring bankruptcy, announcing significant losses, or putting themselves up for sale.
financial instruments related to the previous housing bubble More than 25 subprime lenders filed for bankruptcy,
reported major losses, or placed themselves up for sale as the subprime mortgage sector in the United States imploded in March 2007 (no validating source).
What do you meant by Housing Bubble?One of the many asset price bubbles that periodically emerge in the market is the housing bubble (or house price bubble). A housing bubble follows the same basic structure as other asset bubbles, with two major periods. House prices first experience a period of sharp growth that is increasingly driven by speculative activity. House prices drop significantly in the second phase.
Because they are credit-fueled, involve a large number of households rather than just investors, and have a larger wealth effect than other types of financial assets, housing bubbles typically rank among the asset bubbles with the biggest impact on the real economy.
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List types of decisions that would need to be made and the appropriate person, group, or method for each, for example, individual team member, the collective team, scrum master, and/or product owner.
Answers
Generally, the type of decision that is common to made by or within person, group such as individual team member, the collective team, scrum master, product owner includes:
Individual DecisionsGroup Decisions Programmed DecisionsNon-Programmed DecisionsOperational DecisionsOrganizational DecisionsPersonal DecisionsRoutine DecisionsStrategic DecisionsPolicy DecisionsOperating DecisionsOrganisational DecisionsPersonal Decisions etc.What is known as a Decision?A decision refer to the choice made from among available alternatives but a decision making refers to those process of identifying and choosing alternative courses of action.
In an organization the use of decision-making process can help the users to make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives.
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to record an estimate for future bad debts at the end of the period, an adjustment would be made with a credit to
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The adjustment will include a credit to Allowance to doubtful debt.
Bad debt are used to describe any outstanding balances owed by individual or firms, which are deemed no longer recoverable and thus, must be written off on account.
Bad debt are also referred to as Contra-assets because it reduces the value of company's asset.
When recording an estimate of bad debt, typically, the Bad Debt Expense will be increased by Debit while the Allowance for Doubtful Accounts will increased by Credit.
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If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence, who should you talk to?.
Answers
If you observe a co-worker, customer, or stranger in your workplace exhibiting any of the warning signs of workplace violence you should first report your concern to your supervisor, or human resources department.
What is workplace violence?Workplace violence is any act of, or threat of, physical violence, harassment, intimidation, or other threatening disruptive behavior that takes place at the workplace. Threats, slander, and physical and verbal abuse are all included, as well as murder. Customers, clients, visitors, and staff all may be impacted. The third-leading cause of fatal workplace injuries in the United States is now acts of violence and other injuries. In 2019, there were 5,333 fatal workplace injuries in the United States, and 761 of those injuries were caused intentionally by another person, according to the Bureau of Labor Statistics Census of Fatal Occupational Injuries (CFOI). Employers and employees across the country are very concerned about workplace violence, regardless of how it presents.
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Answer: Your co-worker is late to work one or two days each week.
Explanation:
Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answers
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
how does cost-benefit analysis help make economic decisions?
Answers
Cost-benefit analysis (CBA) is a tool that helps make economic decisions by comparing the costs and benefits of a particular project or policy.
CBA helps to identify the net benefits of a project or policy by subtracting the costs from the benefits. This allows decision-makers to see whether the benefits of a project or policy outweigh the costs and whether it is worth investing in or implementing. By using CBA, decision-makers can make informed choices about how to allocate resources and can ensure that they are using them in the most efficient and effective way possible.
CBA is a quantitative tool that helps decision-makers to weigh the costs and benefits of different options, it also helps to identify potential trade-offs and helps to prioritize among alternative options. It is widely used by government agencies, private organizations, and international bodies to evaluate the impact of proposed projects and policies.
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the equilibrium market price received by doctors and other suppliers of medical services is
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The equilibrium market price received by doctors and other suppliers of medical services is determined by the intersection of the supply and demand curves in the market.
In a competitive market, the equilibrium price is where the quantity demanded by consumers is equal to the quantity supplied by producers. In the medical services market, doctors and other suppliers are the producers while patients are the consumers. The demand for medical services is influenced by factors such as income, age, and health status, while the supply is determined by the number of doctors, medical technology, and the availability of resources.
If the price of medical services is below the equilibrium level, there will be excess demand, resulting in a shortage of medical services. On the other hand, if the price is above the equilibrium level, there will be excess supply, leading to a surplus of medical services. In both cases, the market will adjust to the equilibrium price where the quantity demanded equals the quantity supplied.
Therefore, the equilibrium market price received by doctors and other suppliers of medical services is determined by the interaction of supply and demand factors in the market.
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Which of the following is NOT a public good provided by the government?
Answers
Electricity is not given away for free. People are charged for the goods or units of power they use. Ths it is not provided by the government as a public good.
What are public goods?
A good or service that can be consumed by one person without excluding others (national defense, flood control, street lights, open-sources software).
A good that the government offers that is both non-excludable and non-rivalrous is known as a public good.
Public goods include things like security, law enforcement, streetlights, and lighthouses. When there is a market failure, governments frequently try to supply public goods.
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why is international improvement important
Answers
Answer:
Because they have farts
Explanation:
its mindness
Select the two statements about owners of equity in a business that are TRUE.
1.Contractors own equity.
2.A Partner owns equity.
3.All stakeholders own equity.
4.Founders own equity.
Answers
Answer:
2 and 4
Explanation:
Contractors are people who work for the company, but are not employees. They don't own equity.
A partner is one of the shareholders in a company, and owns equity.
Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.
The founder owns all of the equity until she takes on partners, who then own part of the equity.
A Partner owns equity and Founders own equity are the two statements about owners of equity in a business that are TRUE. The correct option is 1 and 2.
Equity in a company refers to ownership interests. Equity is typically held by partners and founders to represent their ownership stake in the business. While founders are the original creators or co-creators of the business, partners are people who share ownership and responsibility in a business venture.
On the other hand, contractors may offer services to the company but usually do not hold ownership rights. The phrase "all stakeholders" refers to a wide range of people and organizations that are impacted by the business, including staff members, clients, vendors and investors. Despite the fact that some stakeholders may have equity ownership not all of them will. As a result the statements that partners and founders own equity in a business are true.
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The rule followed in soliciting members of a database is on the basis of : A)Majority of the members be concentrated in a given area B)Most recent purchase C)Least cost of marketing D)Breakeven response rate E)None of the above
Answers
The rule followed in soliciting members of a database depends on several factors, including the purpose of the solicitation, the goals of the organization, and the characteristics of the members themselves.
A)Majority of the members be concentrated in a given area.
One factor that may be considered when soliciting members is the concentration of members in a given area. If the organization is looking to hold an event or distribute materials in a particular region, it may make sense to target members who live in that area. This could help to maximize the impact of the solicitation and reduce costs associated with travel or shipping. Another factor that may be considered is the most recent purchase made by the members.
This could help to increase the likelihood of a positive response and ultimately lead to more sales. In conclusion, the rule followed in soliciting members of a database is not necessarily based on any one factor, but rather a combination of factors that are tailored to the specific needs of the organization. The goal is to identify the most promising leads and target them in a way that maximizes the impact of the solicitation while minimizing costs.
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a firm that places an emphasis on developing and maintaining positive relationships with the media is focusing on a(n) strategy.
Answers
A firm that places an emphasis on developing and maintaining positive relationships with the media is focusing on a public relations (PR) strategy.
Public relations is a strategic communication process that builds mutually beneficial relationships between organizations and their publics. This approach is essential for creating a favorable image and reputation for the company in the eyes of the media, stakeholders, and the general public.
A public relations strategy involves a variety of activities, such as crafting press releases, arranging interviews, and organizing events, that aim to enhance the company's visibility and credibility. By establishing strong media connections, a firm can ensure that their message is accurately and effectively communicated to the target audience.
Moreover, having a positive relationship with the media can also help in crisis management situations. Should any negative information arise, a company with a strong PR strategy will be better equipped to handle the situation and mitigate potential damage to their reputation.
In summary, a public relations strategy is vital for a firm that wants to maintain a positive image and foster strong relationships with the media. This approach can not only enhance the company's credibility but also provide them with a valuable resource for managing any potential crises effectively.
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In 2020, there were 150 million more social network users worldwide than before the pandemic.
True False
Answers
It is TRUE that In 2020, there were 150 million more social network users worldwide than before the pandemic.
Since, many individuals stayed at home for weeks or months due to the coronavirus epidemic, social media usage increased globally.
One of the major elements driving the current increase in social media usage is a need for pure entertainment, which can distract individuals from the severity of their circumstances.
Fears of infection and social constraints imposed by the pandemic have resulted in substantial changes in how consumers interact with social media, forcing them to seek more innovation, connection, and exciting entertainment.
Social media usage increased by 10.5% in July 2020.
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What is a personal value? Help
Answers
Answer:
A.
brainliest if correct please!!!!!!
Explanation:
Answer: A
Explanation:
Greg and Emily were tasked with developing a model of how an individual may purchase lottery tickets. Greg's model for determining ticket purchases incorrectly assumes all people are equally likely to play the lottery. Emily's model correctly assumed that lottery ticket purchases vary with income and education levels and found very different results than Greg's model. Which of the following describes Greg's model? a.Incomplete b.Incorrect c.Dated d.Inefficient
Answers
The correct answer is option (B). Greg's model for determining lottery ticket purchases can be described as incorrect.
Greg's model, which assumes that all people are equally likely to play the lottery, is incorrect. It fails to consider important factors such as income and education levels that have been found to influence lottery ticket purchases. Lottery participation has been shown to vary among different demographic groups, with individuals with higher incomes and education levels being less likely to play the lottery.
Emily's model, on the other hand, correctly incorporates the influence of income and education levels on lottery ticket purchases. By considering these factors, Emily's model provides a more accurate representation of how individuals may make decisions regarding lottery ticket purchases.
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the stockholders' equity section of the balance sheet for corporation on , , follows: loading...(click the icon to view the data.) on , , the market price of common stock was per share. declared and distributed % stock dividend on this date.
Answers
Stock dividend of 10% declared, Amount of Dividend = 200,000 x 10% x 18 = 360,000
Jan 15 Journal Entry
Dr Retained Earnings 360,000
Cr Common Stock 16,000
Cr Additional Paid in Capital - Common Stock 344,000
(Stock dividend of 10% declared)
Amount of Dividend = 200,000 x 10% x 18 = 360,000
Shareholders Equity Section-Common Stock 0.8 par 2,800,000
authorized, 220,000 issued 176,000
-Paid in Capital In excess of
par - Common Stock (430,507+344,000) 774,507
-Retained Earnings (7,133,000-360,000) 6,773,000
-Accumulated Other Comprehensive Income (195,000)
-Stockholders Equity 7,528,507
No assets or cash is indicated by the first blank.Two blanks are "transfer of $360,000 from retained earnings to
common stock ($16,000) and paid-in capital over and above par
($344,000).
Cannot surpass the amount in the cash account, which is $590,000."Learn more about Stockholders Equity, here
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According to the reading, what might support a premium pricing strategy? a) Forming your business as a corporation b) Fresh ingredients c) 24 hour operation d) None of the above
Answers
Answer: Fresh ingredients
Explanation:
Debits to Work in Process Inventory are accompanied by a credit to all but one of the following accounts:
A. Cost of Goods Sold.
B. Factory Labor.
C. Manufacturing Overhead.
D. Raw Materials Inventory.
Answers
The correct option is A. Debits to Work in Process Inventory are not accompanied by a credit to the cost of goods sold.
Inventory in business refers to the goods or materials that a company holds for sale, use in production, or as raw materials for manufacturing. Inventory management is a crucial aspect of business operations as it involves managing the flow of goods from procurement to storage to delivery.
Inventory can include finished products ready for sale, raw materials waiting to be processed, and work-in-progress items in various stages of completion. A business must strike a balance between holding enough inventory to meet customer demand while avoiding excess stock that ties up capital and incurs storage costs.
Effective inventory management involves forecasting demand, determining appropriate levels of stock, monitoring inventory turnover rates, and minimizing the risk of stock obsolescence or spoilage. Accurate tracking and valuation of inventory are also essential for financial reporting and tax purposes.
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What is the difference between being financially dependent and being financially independent?
Answers
Answer:
Being financially dependent means that you depend on the government to help you and being independent means that you are depending on the money you make from work.
Explanation
i know a little about business hope this helps
TRUE/FALSE. design supports purpose and function in a matrix structure.
Answers
In a matrix structure, the design supports purpose and function. The statement is true.
The matrix structure is a type of organizational structure that combines functional and project-based reporting lines. It aims to leverage the strengths and expertise of both functional and project teams by integrating them into a unified structure.
The design of a matrix structure is specifically developed to align with the purpose and functions of the organization. It ensures that the structure supports the organization's goals, objectives, and projects. The matrix structure allows for cross-functional collaboration, efficient resource allocation, and effective communication between teams.
By integrating purpose and function in the design of a matrix structure, organizations can enhance their agility, promote interdisciplinary collaboration, and adapt to complex and dynamic business environments. Therefore, the statement is true.
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TRUE. design in a matrix structure should support the purpose and function of the organization.
In a business context, design refers to the process of creating and arranging elements to achieve a specific purpose or function. A matrix structure, on the other hand, is an organizational structure that combines functional and divisional structures, allowing employees to report to multiple managers.
When it comes to design, it is important for it to support the purpose and function of the organization. This means that the design should align with the goals and objectives of the organization and facilitate the efficient and effective performance of tasks and functions.
In the context of a matrix structure, design should support the dual reporting relationships and the need for coordination and collaboration across functions. The design should enable employees to navigate the complexities of reporting to multiple managers and ensure that communication and decision-making processes are streamlined.
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what are the economic effects of the participation of a large number of middlemen in the distribution of goods in any west African country
Answers
1. Increased costs: With a larger number of middlemen involved, each participant adds their markup or commission to the goods, leading to higher prices for consumers. This can reduce affordability and purchasing power.
2. Inefficiencies and delays: More middlemen in the distribution chain can result in increased bureaucracy, longer supply chains, and delays in getting goods to the market. This can lead to inefficiencies and higher transaction costs.
3. Employment opportunities: The presence of numerous middlemen can create employment opportunities, especially for those involved in transportation, logistics, and small-scale trading. It can contribute to local economic activity and livelihoods.
4. Market access and reach: Middlemen often have extensive networks and local market knowledge. Their involvement can help facilitate the movement of goods to remote areas, connecting producers with consumers who may not have direct access to the larger markets.
5. Informal economy: In some cases, the prevalence of middlemen can contribute to the growth of the informal economy, where transactions may go unrecorded and tax revenue may be missed. This can pose challenges for economic planning and government revenue collection.
6. Potential for corruption: With a large number of intermediaries, there is an increased risk of corruption, price manipulation, and unfair practices. This can undermine market efficiency and create barriers for fair competition.
It's important to note that the economic effects can vary depending on the specific context and how the distribution system is structured and regulated within each West African country.
The local recycling center sends a truck to the
school once a month to collect the paper that
was recycled. Each month, the truck picks up
642.3 pounds of paper. How much would the
truck pick up after 3 months?
Answers
Answer:
1,926.90 pounds
Explanation:
In one month, the trucks collect 642.3 pounds of paper.
After three months, the trucks will have collected.
=642.3 pounds multiplied by three months
=642.3 x 3
= 1,926.90 pounds
The annual master budget file includes the ________ from last year because it is needed for the schedule of expected cash collections.
Answers
The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
A sentence about annual master budget files
Annual master budget files are a collection of files with detailed lists of cash movements inside, from and to a business. This information is useful to predict and estimate expected cash movements and to construct expected budget in terms of costs and time for the next fiscal year.
For this reason, an annual master budget file must include the budget from last year. The complete sentence is summarized below:
The annual master budget file includes the budget from last year because it is needed for the schedule of expected cash collections.
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Why is it important to keep your own financial records?
Answers
Answer:
You need good records to prepare accurate financial statements. These include income (profit and loss) statements and balance sheets. These statements can help you in dealing with your bank or creditors and help you manage your business
Explanation:
the principle of diversification states that spreading an investment over a number of assets will eliminate:
Answers
Spreading a venture across numerous assorted resources will wipe out a portion of the all-out risk. Financial backers attempt to decrease the complete gamble of the portfolio by putting resources into a wide assortment of stocks (expansion)
What is the standard of enhancement?
The thought behind enhancement is to limit (or even kill) risk inside a portfolio. In any case, there are specific kinds of dangers you can enhance away, and there are particular sorts of dangers that exist paying little mind to how you differentiate. These kinds of dangers are called unsystematic gamble and methodical gamble.
What is broadening in speculation?
Broadening is the act of spreading your speculations around so your openness to any one kind of resource is restricted. This training is intended to assist with lessening the unpredictability of your portfolio over the long run.
What is enhancement process?
Expansion is a development procedure that includes going into another market or industry - one that your business doesn't right now work in - while likewise making another item for that new market.
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A written contract granting permission to operate
an already existing business.
Answers
Answer:
Explanation:
A written contract granting permission to operate a business to sell products and services in a prescribed way. franchise.
A $1,000 face value, 240-day bond is quoted at a bank discount yield of 3.3 percent. What is the current bond price? Multiple Choice $957.60 $960.09 $978.00 $982.02 $988.73
Answers
The current bond price is $967.74, which is not one of the multiple choice options. The closest option is $960.09, but that is incorrect.
To calculate the current bond price, we need to first convert the bank discount yield to a bond equivalent yield (BEY).
BEY = [(FV - PV)/PV] x [(360/days until maturity)]
Where FV is the face value, PV is the current bond price, and d is the number of days in a year. In this case, d is 360 since we are dealing with a 240-day bond.
3.3% bank discount yield is equivalent to a BEY of:
BEY = [(1000 - PV)/PV] x [(360/240)]
0.033 = (1000 - PV)/PV x 1.5
0.033PV = 1000 - PV
1.033PV = 1000
PV = $967.74
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Match the items with their descriptions.
copyright owner
fair use of copyright materials
government publications
a life span of 20 years
use and display the copyrighted material
exempt from the Copyright Law
paraphrase articles for news reports
patents
Answers
Each of the items should be matched with the correct and appropriate descriptions as follows:
Government publications: a life span of 20 years.Copyright owner: use and display the copyrighted material.Fair use of copyright materials: exempt from the copyright law.Patents: paraphrase articles for news reports.What is copyright law?Copyright law simply refers to a set of formal rules and regulations that are granted by the government to protect an intellectual property (IP), especially by giving the creator or original author an exclusive right to use during his or her lifetime, while preventing any unauthorized access, unlawful use or duplication by other parties.
In this context, we can reasonably infer and logically deduce that a copyright grants a creator the exclusive right to use the creation during his or her lifetime, including the creator's heirs for 70 years after the creator's death.
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Government publications- a life span of 20 years. Copyright owner - use and display the copyrighted material. Fair use of copyright materials - exempt from the copyright law. Patents - paraphrase articles for news reports.
What is Government publications?A government publication is defined as "informational material issued as an individual document at Government expense, or as required by law" under the United States Code.
Census data, statistical information, reports, journal articles, Royal Commission findings, parliamentary documents, legislation, and legal citations are a few examples of government publications.
Thus, statements are match correctly above.
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Concentrated ownership is when there are very few shareholders so that each one gets a. Share of the profits
Answers
Answer:
yes it was correct but i was in shields and i’m going on the right now so it is a
Explanation:
To maximize profits, Maria should sell _ loaves of ciabatta bread per hour
Answers
To maximize profits, Maria should sell 6 loaves of ciabatta bread per hour
What is Profit Maximization
Profit maximization is the technique used by corporations and enterprises to develop methods to increase earnings while reducing costs. Every company should have it as a primary goal because it is essential to their development.
Since maximizing profits from a company's operations is necessary for its survival, this is often thought to be its main goal.
In order words profit maximizing is the procedure used by businesses to determine the manufacture, cost, and output levels that will result in the most profits.
Therefore, a corporation must reach an equilibrium state in order to realize its full potential profits. When a company or producer's level of output results in the maximum, it is considered to have reached equilibrium.
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To maximize profits, Maria should sell 6 loaves of ciabatta bread per hour.
What is Profit Maximization?Profit maximization is the technique used by corporations and enterprises to develop methods to increase earnings while reducing costs. Every company should have it as a primary goal because it is essential to their development.
Based on the question;
Given that,
TR = Total Revenue
Q = Quantity of sale (units sold)
P = Price per unit of output
TR = P x Q
Given that,
MR = Marginal Revenue
ΔTR = Change in the Total revenue
ΔQ = Change in the units sold
TRn = Total Revenue of n units
TRn-1 = Total Revenue of n-1 units
MR = TRn - TRn-1
MC = TCn - TCn-1
From the given information, we will calculate the TR obtained at different units to get the MR(marginal revenue). So,
when
Q = 0 and P = 6 ----TR = PQ = 06 =0
Q = 1 and P = 5.50---- TR = 5.50
Q = 2 and P = 5---- TR = 10
Q = 3 and P = 4.50----TR = 13.5
Q = 4 and P = 4---- TR = 16
Q = 5 and P = 3.50---- TR = 17.5
Q = 6 and P = 3---- TR = 18
Q = 7 and P = 2.50---- TR = 17.5
Q = 8 and P = 2--- TR = 16
From the solved TR, we can say that:
MR as MR = TRn - TRn-1.
So, MR (0) = 0
MR(1) = TR1 - TR0
= 5.50-0 = 5.50
MR(2) = TR2-TR1
= 10-5.50
= 4.50.
Using the formula above.
MR(3) = 3.5
MR(4) =2.5, MR(5) = 1.5, MR(6) =0.5,MR(7) = -0.5 and MR(8) =-1.5.
From the given TC, MC can be calculated as:
MC = TCn - TCn-1
So, MC(0) = 0,
MC(1) = TC1 - TC0 = 4
MC(2) = TC2-TC1 = 3
MC(3) = 2.50, MC(4) = 2
MC(5) =1.5,MC(6) =1
MC(7) = 1.50 and MC(8) = 2.5.
To maximize profit, the condition will be:
MR=MC.
Based on data given, the MR is the same to MC at the point where the price is $3.50 and the quantity sold is sad to be 5 units.
Therefore, a corporation must reach an equilibrium state in order to realize its full potential profits. When a company or producer's level of output results in the maximum, it is considered to have reached equilibrium.
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