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Gnom [1K]
3 years ago
8

Many foragers like to get the "best bang for their buck", by focusing on resources (such as plant foods) that are easier to acqu

ire, but don't necessarily provide as many calories per unit as other resources, such as big-game animals. this cliché is a good example of:
Business
1 answer:
Sonbull [250]3 years ago
6 0
Kool Aid
Its True
124567890
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A $298 petty cash fund has cash of $32 and receipts of $247. The journal entry to replenish the account would include credit to
Nikolay [14]

The journal entry to replenish the petty cash account is credit to Cash for $266.

<h3>How would petty cash be replenished?</h3>

The amount that needs to be replenished is:

= Petty cash fund - cash

= 298 - 32

= $266

This amount needs to be taken from the cash account which is why the cash account will be credited with $266.

Find out more on the petty cash fund at brainly.com/question/27585546

#SPJ1

7 0
2 years ago
As a CA employer, in terms of record retention, what three types of records do I need to pay special attention to? Group of answ
ra1l [238]

CA Employers need to pay attention to the following records:

  • Safety and toxin/chemical exposure records, including safety data sheets: keep for 30 years.
  • Pension and welfare plan information: keep for six years.
  • First-aid records of job injuries causing loss of work: keep for five years.

<h3>Which records need to be kept by CA employers?</h3>

The state of California requires that employers in the state should keep certain records.

Pension and welfare records should be kept for 6 years while first-aid records should be kept for 5 years.

Safety and chemical records are placed a high value on and should be kept for 30 years.

Find out more on California employer requirements at brainly.com/question/26463698.

#SPJ12

8 0
2 years ago
You have the following information for Waterway Industries for the month ended October 31, 2022. Waterway uses a periodic method
Sidana [21]

Answer:

Waterway Industries

A) The weighted-average cost is $28.527

B) Ending Inventory, cost of goods sold, gross profit:

                                     (1) LIFO          (2) FIFO          (3) Average-cost

Ending Inventory:          $2,660           $3,060               $2,853

Cost of goods sold:      $7,895            $7,495               $7,702

Gross profit:                  $3,780            $4,180               $3,973

Explanation:

a) Data and Calculations:

Date        Description              Units   Unit Cost Selling Price Total

Oct. 1      Beginning inventory   70        $26                            $1,820

Oct. 9     Purchase                   125          28                              3,500

Oct. 11     Sale                           (95)                         40                         $3,800

Oct. 17    Purchase                    95          29                             2,755

Oct. 22   Sale                           (70)                         45                            3,150

Oct. 25   Purchase                   80           31                             2,480

Oct. 29   Sale                         (105)                         45                           4,725

Oct. 31   Ending inventory      100    

Total: Goods available           370                                       $10,555

         Goods sold                  270                                                        $11,675

Weighted-average cost = Cost of goods available/Units available

= $10,555/370 = $28.527 per unit

Periodic method:

LIFO:

Ending inventory:

Oct. 1      Beginning inventory   70        $26  $1,820

Oct. 9     Purchase                     30          28       840

Total Ending inventory =          100               $2,660

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,660 = $7,895

Sales Revenue         $11,675

Cost of goods sold     7,895

Gross profit               $3,780

FIFO:

Ending inventory:

Oct. 17    Purchase                    20          29       $580

Oct. 25   Purchase                   80           31       2,480

Total Ending inventory =        100                   $3,060

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $3,060 = $7,495

Sales Revenue         $11,675

Cost of goods sold     7,495

Gross profit               $4,180

Average-cost:

Ending Inventory = $2,853 ($28.527 * 100)

Cost of goods sold = Cost of goods available - Ending inventory

= $10,555 - $2,853 = $7,702

Sales Revenue         $11,675

Cost of goods sold     7,702

Gross profit               $3,973

7 0
2 years ago
In making decisions about what to consume, a person's goal is toA) allocate her limited income among all the products she wishes
elena55 [62]

Answer: Option (C) is correct.

Explanation:

While making decisions about the consumption, a person wishes to maximize their marginal utility drive from every unit rather than total utility.

Marginal utility refers to the satisfaction that a consumer can get from the consumption of one additional unit of goods and services.

So, consumer wants to maximize marginal utility from the products that he/she is buying with the limited level of income. They want to utilize their limited income in a best possible manner.

7 0
3 years ago
Which form of promotion would be most effective at correcting a damaged business reputation
uranmaximum [27]

evolutionary promotion or fundamental promotion


5 0
3 years ago
Read 2 more answers
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