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ANTONII [103]
8 months ago
11

nformation for firm abc inventory at the beginning of april 2008: 200 units expected demand during april 2008: 50 units producti

on expected during april 2008: 100 units what is the expected inventory at the end of april 2008?
Business
1 answer:
Korolek [52]8 months ago
8 0

Inventory at the end of April 2008 is 250 units consider inventory at beginning, expected production and demand.

Calculation:

Inventory at beginning of April 2008 = 200 units

Expected demand during April 2008 = 50 units

Expected production during April 2008 = 100 units

Inventory at the end of April 2008 = 200 units- 50 units +100 units = 250 units.

Both the raw ingredients used during production and the finished commodities that are offered for sale are included in the definition of inventory. One of a business's most valuable resources is its inventory since it is one of the main sources of increasing revenue and, subsequently, a source of income for the equity assets. There are three distinct types of inventories: finished commodities, work-in-progress, and raw materials. 

The complete question is here:

Inventory information for firm ABC:

Inventory at the end of March 2008 200 units

Expected demand during April 2008 50 units

Production expected during April 2008 100 units

What is the expected inventory at the end of April 2008?

A. 350

B. 250

C. 150

D. 50

E. 80

Learn more about inventory here:

brainly.com/question/15118949

#SPJ4

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Answer: Land Residual Method

Explanation:

Land residual method of site evaluation is the method of estimating land value in which the net operating income attributable to the land is isolated and capitalized to produce an indication of the land's contribution to the total property.

This particular method uses income as being the basis for value and is used in appraising income producing properties.

4 0
3 years ago
Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late decemb
mixas84 [53]

Answer:

<u>MEMO</u>

To: Treasurer of Trip Garage, Inc.

From: Me

Subject: Dispute over accrued revenue

Mrs. S. Apple,

Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:

Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.

In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.

Regards,

Me

Explanation:

Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:

Dr Accounts receivable 1,000

    Cr Service revenue 1,000

If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:

Dr Bad debt expense 1,000

    Cr Allowance for doubtful accounts 1,000

If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.  

3 0
3 years ago
The span of control for a manager: a. should never exceed 7 subordinates. b. varies somewhat from manager to manager, but most m
Alisiya [41]

Answer:

c. depends on a number of factors, and can vary from one manager, location and type of employees.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of supervising and ensuring his subordinates (employees) are working effectively and efficiently with the organization's goals and objectives.

In Business management or human resource management, span of control can be defined as the number of subordinates or junior level staffs who are directly controlled by a superior (manager).

Basically, the span of control for a manager depends on a number of factors, and can vary from one manager, location and type of employees.

<em>This ultimately implies that, span of control is directly proportional to the organizational structure and any other factor around them.</em>

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2 years ago
Rimary marketing research is more expensive than secondary market research
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Yes its true primary research is more expensive tha secondary market research
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Which of the following phrases might be useful in writing the purpose statement for your formal report? Check all that apply. Th
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Answer:

Hi

The report is a text written in prose with the objective of informing a specific reader or readers about the specific events or activities. The purpose of the report is to inform. However, the reports may include persuasive elements, such as recommendations, suggestions or other conclusions that indicate possible future actions that the reader of the report could take. It must have the following characteristics:

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-Its predominant structure is the enunciative.

-In this type of texts there is also an argumentative structure.

-In these reports the descriptive structure appears because facts are described.

Explanation:

6 0
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