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1 year ago

The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows:

1 answer:

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The inventory of Royal Decking consisted of five products. Information about ending inventory is as follows: Given Data Product Cost per Unit Selling Price <u>Per Unit A 40 60 B 80 100 C 40 80 D 100 130 E 20 30 </u>Computation of Net Realisable Value

<h3>What is Royal Decking?</h3>

The term's roots have been attributed to a number of places, such as the destroyed church of St. Helens next to the Isle of Wight's St Helens Road harbor, where ships would frequently resupply, or even the broken monuments of St. Nicholas Church in Great Yarmout. According to the US Navy, the phrase may have originated from the fact that 'holystoning the deck' was initially performed while knelt in prayer. Prayer books were the names given to smaller holystones, and Bibles to bigger ones. Holystoning was eventually done with a stick lying in a hollow in the flat side of the stone, held in the hands and under the arm, rather than on the knees.

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Which market structure has a single company or seller in a market with many barriers to entry

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Answer:

Monopoly

Explanation:

Monopoly is a form of market structure when a particular company dominate the market of a particular product leaving room for little or no competition.

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3 years ago

If the month-end bank statement shows a balance of $36,000, outstanding checks are $10,000, a deposit of $4,000 was in transit a

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Answer:

c) $30,600

Explanation:

Bank statement balance = $36,000

Outstanding checks = ($10,000)

Deposit in transit as at month end = $4,000

Erroneous check charged = $600

Correct balance in the bank account = $36,000 - $10,000 + $4,000 + $600

= $30,600

The right option is c) $30,600

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3 years ago

The Home and Garden (HG) chain of superstores imports decorative planters from Italy. Demand for the planters is stable and aver

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Answer:

The average inventory which HG should carry during the year is 5,000 units.

Explanation:

Economic Order Quantity is the ideal inventory procurement which minimizes holding and ordering cost. The EOQ is used by businesses in order to determine the best possible inventory holding.

EOQ = $\sqrt{\frac{2*Annual Demand * Ordering Cost}{Annual Holding Cost} }$

EOQ = $\sqrt\frac{2*7,500*5,000}{10*0.3}$

EOQ = 5,000 units

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3 years ago

When economists say that the Federal Reserve Banks are central banks, it means that multiple choice 1 the banks' policies are co

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Answer:

the policies are coordinated by the Federal Reserve Board of Governors is the correct answer.

Explanation:

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3 years ago

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. Which of the fol

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Answer:

A certain production possibilities frontier shows production possibilities for two goods, jewelry and clothing. The following concepts can not be illustrated by this concept:

the flow of dollars between sellers of jewelry and clothing and buyers of jewelry and clothing.

Explanation:

A Production Possibilities Frontier also known as the Production Possibility Curve or Transformation Curve. This curve illustrates a country or a business is utilizing its resources effectively by showing the point at which that country or business is producing its products efficiently.
This curve is unable to tell you the flow of dollars between the seller and buyers of goods of a business or a country.
It only tells us about the production of goods not the flow of cash.

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3 years ago

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