Answer:
Yes you are correct on this researched it
Answer:speculative investment
Explanation:
just took the test.
Answer:
The correct answer is:
(a) -7783
(b) 6800
(c) -983
Explanation:
According to the given values in the question:
(a)
The price variance will be:
= 
= 
= 
(Favorable)
(b)
The quantity variance will be:
= 
= 
= 
= 
(Unfavorable)
(c)
The cost variance will be:
= 
= 
= 
(Favorable)
Lolhtdcc dad ytt try to tu to tho go in rn go go
Answer:
d. 108 days
Explanation:
Average Inventory = (Beginning balance + Ending balance) / 2
Average Inventory = ($139,000 + $158,000) / 2
Average Inventory = $297,000 / 2
Average Inventory = $148,500
Inventory Turnover ratio = Cost of goods sold / Average Inventory
Inventory Turnover ratio = $501,000 / $148,500
Inventory Turnover ratio = 3.37 times
Average days to sell inventory = Days in a year / Inventory Turnover ratio
Average days to sell inventory = 365 days / 3.37 times
Average days to sell inventory = 108.31 days
