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hammer [34]
1 year ago
14

Why would a company’s manager be concerned about the quantity of its purchases returns if its suppliers allow unlimited returns?

Business
1 answer:
Veronika [31]1 year ago
6 0

The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.

Is cost of sales an expense?

Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.

COGS counts as a business expense and affects how much profit a company makes on its products.

What are the depreciation expense?

Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.

This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.

Learn more about this here:

brainly.com/question/26990784

#SPJ4

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Byrd Company decided to analyze certain costs for June of the current year. Units started into production equaled 14,000 and end
Molodets [167]

Answer: Option (C) is correct.

Explanation:

Units Started into the production = 14,000 Units

Ending work in process = 2,000 units

Transferred Units = Units in the starting - Ending work in process

                              = 14,000 units - 2,000 Units

                              = 12,000 Units

Equivalent units = Transferred units + Ending work in process in units × % of Completion

                            = 12,000 Units + 2,000 Units × 25% complete

                           = 12,000 + 2,000 × 0.25

                           = 12,000 units + 500 units

                            = 12,500 units

Total Conversion cost = $52,500

Conversion\ cost\ per\ Equivalent\ unit=\frac{Total\ Conversion\ cost}{Equivalent\ Units}

Conversion\ cost\ per\ Equivalent\ unit=\frac{52,500}{12,500}                                                          

                                                                        = $4.2

5 0
3 years ago
Wilson is viewed by his boss as driven, tenacious, and conscientious in the pursuit of his goals. these characteristics fit with
zepelin [54]

These are examples of <u>work-related</u> characteristics

3 0
3 years ago
Assume that production will increase to 32,000 jars of salsa during june. by how much will the production cost increase compared
VikaD [51]

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

$0.95 x 9 jars = $8.55

For every jar Neha buys, she spends $0.95, and buying 9 jars in total, she pays $8.55 in total.

Learn more about cost here brainly.com/question/14358130

#SPJ1.

6 0
1 year ago
If you need help with one of the math applications, where would you look?
ruslelena [56]
Math appendix! Hope I helped!!
5 0
3 years ago
Exercise 21-15 Direct materials and direct labor variances LO P2 The following information describes production activities of Me
Molodets [167]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual direct materials used 16,000 lbs. at $4.05 per lb.

Actual units produced 30,000

Budgeted standards for each unit produced are 0.50 pounds of direct material at $4.00 per pound.

To calculate the direct material price and quantity variance, we need to use the following formulas:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (4 - 4.05)*16,000

Direct material price variance= $800 unfavorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 30,000*0.5= 15,000

Direct material quantity variance= (15,000 - 16,000)*4

Direct material quantity variance= $4,000 unfavorable

6 0
3 years ago
Read 2 more answers
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