$23,950 MORE due to 25% of 97,000 added on which is 121,250, and then add 20% of 121,000 onto that and subtract 121,250 off your new total to get $23,950.
Answer:
Divisional Product Structure
Explanation:
Divisional product structure functions in the manner that the business is centralized and then the resources are divided into various products depending on the needs of the product.
As the company which aims to produce more than one product and has diverse products, it can centralize the basic functions and then put specific consideration on the individual diverse products.
With this structure the organization can perform in each product segment with the increasing quality and generating greater revenue.
Answer:
D) Backward integration
Explanation:
A backward integration strategy is a type of vertical integration where a company starts producing materials or components previously purchased from vendors. E.g. Boeing purchases its wing flap motors from a vendor, but if it decides to produce them themselves it will carry out a backward integration (upstream).
Answer:
a. $1508
Explanation:
June 1 150 units
June 10 200 units
June 15 200 units
June 28 150 units
Total 700 units
Out of above, only 210 units are in hand. Under LIFO method, 150 units are from 1st June and 60 units are from 10th June.
Date Units (a) Per unit cost (b) Ending inventory (a*b)
June 1 150 $6.93 (1040/150) $1.040
June 10 60 $7.8 (1560/200) $468
Total 210 $1,508
So, using the LIFO inventory method, the value of the ending inventory on June 30 is $1,508
