What conclusion can be drawn about an organization that does not conduct market research?

Hull Company’s record of transactions concerning part X for the month of April was as follows.

olga55 [171]

Answer:1. $7720

2. $7945

3. $7758

Explanation: 1. First in First out method which means the first inventory to be purchased by company will be the first to be sold.

Total cost of Sales = Total number of units Sold * Total Cost of inventory sold

= 100units*$5+ 300units*$5.30+ 200units*$5.35 + 450units*$5.60

=$7720

Total units sold=1450 we started from first inventory which was the balance of inventory of 100 units downwards up to the 1450th unit sold that was purchased on the 26th of April by the company.

2. Last in first out method is where the last bought inventory is sold first.

Total cost of sales= Total number of units sold * Total cost of units sold =200units$*5.80+ 600units*$5.60+ 200units*$5.35+300units*$5.30+150units*$5.1

=$7945

Total units sold still 1450 but we calculated the cost from the last purchased unit from 30th April to the 1450th unit sold which was on the 12th of April.

3. Average Cost = (Sum of all costs/Total number of costs)* total units sold

= (($5+$5.1+$5.3+$5.35+$5.6+$5.8)/6)* 1450

=$7769.58

4 0

3 years ago

Kenneth entered into a contract to sell his home to Valerie, who put down a $5,000 earnest money deposit. At the last minute, Va

densk [106]

An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

<h3>What is a liquidated damages?</h3>

A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.

In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

Read more about liquidated damages

<em>brainly.com/question/25697446</em>

8 0

3 years ago

Shawn is planning a bus trip across town that involves three buses. Bus 1 travels between Shawn’s house and downtown, and it lea

miv72 [106K]

Answer:

least waiting time = 18 mins

Explanation:

given as per question we know that 2nd bus start 10 min early than 1st bus

and both time frequency same = 30 min

1st bus time take = 1 hr 12 mins

and 2nd bus get waiting time 30 min - (10 + 12)

that is = 8 mins

so

we can say time arrival time for 1st bus = 8:32 and 9:02 and 9:32

by adding 30 mins

and

departure time for 2nd bus = 8:40 and 9:10 and 9:40

same like that 3rd bus leave every hour

and

service start on hour clock , a 10 mins early is = 7:10 am and 9 am

frequency of either half or 1 hour

so 2nd bus takes = 2 hour 40 mins

so waiting time is 60 - (10 - 40) = 10 min or 10 + 30 = 40 mins

so 1st bus waiting time is 8 mins so it take least time 10 mins for 2nd bus waiting time

as that

least waiting time = 8 + 10

least waiting time = 18 mins

4 0

3 years ago

Match the jobs with the education required for each job.

Oliga [24]

Travel Clerk- Certification program

Construction Carpenter- High School Diploma

Transportation Manager- Technical Program

Chief Executive- Master's Degree

6 0

4 years ago

Read 2 more answers

Bravo's complete assets and liabilities are Accounts Receivable $800, Equipment $10,000, Accounts Payable $4,200, Prepaid Rent $

Anettt [7]

Answer:

Total Assets=$13,500

Explanation:

Assets are items which are used by any company or firm for positive economic value production.

In our problem, we have to find total assets.

Given Data:

Accounts Receivable=$800

Equipment=$10,000

Accounts Payable=$4,200

Prepaid Rent=$2,000

Supplies=$400

Bank Loan=$1,600

Tools= $300

Total Assets=Accounts Receivable+Equipment+Prepaid Rent+Supplies+ Tools

Total Assets=$800+$10,000+$2,000+$400+$300

Total Assets=$13,500

8 0

3 years ago