The inventory system whereby the merchandise inventory account balance is merely a record of the most recent physical inventory count is called the periodic system. The periodic inventory system is a<span> method of accounting for merchandise inventory in which the cost of the inventory sold is determined only at the end of an accounting period.</span>
<span>The updates in this system are made on a </span>periodic<span> basis. </span>
If he chooses to live at home, the room and board fees are irrelevant.
$9,450 +
$2,680 +
$1,875 +
$930 =
14,935 - the $1,900 grant =
$13,035!!
Using unit conversion, the price of strawberries is $0.27 per ounce.
The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.
Common units for weight and their shorthand are:
- Pound (lb)
- Ounce (oz)
- Kilogram (kg)
- Gram (gm)
The conversion factors:
1 lb = 16 oz = 0.45 kg = 453gm
1 oz = 0.063 lb = 0.03 kg = 28 gm
1 kg = 2.2 lb = 35 oz
1 gm = 0.001kg = 0.04 oz
Information from the problem:
The strawberries cost:
$4.32 per pound = $4.32 per 16 oz
= $4.32/16 per oz
= $0.27 per oz
Read more about unit conversion here:
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The break even level of sales is <span>$1400</span> +$13*n
Answer: $50,000
Explanation:
The maximum amount the insurance company will pay is $25,000 per person with a topmost of $50,000 per accident for all persons. Peradventure one is involved in an accident and someone is injured, your liability coverage is part of your automobile insurance and will pay for their injuries.
