$52670 is the cost of goods sold for the month of March
<h3>What is
cost of goods ?</h3>
The carrying value of goods sold during a specific period is referred to as the cost of goods sold. Costs are assigned to specific items using one of several formulas, such as specific identification, first-in-first-out, or average cost.
The value of a company's cost of goods sold is determined by the inventory costing method used. When recording the level of inventory sold during a period, a company can use one of three methods: The average cost method, first in, first out (FIFO), and last in, first out (LIFO)
If COGS rises, net income will fall. While this change is advantageous for income tax purposes, the business will generate less profit for its shareholders. Businesses thus try to keep their COGS low so that net profits will
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Answer:
A. socialist elements in the US Economy
Explanation:
Socialism is shared costs and shared resources. While the US economy is not socialistic, it does have elements of socialism through certain government programs.
A major characteristic of a compressed workweek is that employees work within fewer number of days while still maintaining the same number of working hours. For example, a 5-day workweek with 8 hours of work can be compressed into 4 days with each day having 10 working hours. In this way, there will be an additional non-working day for the employees.
<u>b. It can only be used for one variable at a time</u> is the false statement regarding the use of simulation in multinational capital budgeting.
<u>Explanation</u>:
The process of determining the net present value of the project is known as multinational capital budgeting. The capital budget can be determined by estimating the present value of cash flow in the project and subtracting the initial expenditure required for the projects.
When considering the use of simulation in multinational capital budgeting, it can be used for many variables at a time.
The flow of cash is focused in the long-term investment projects. Multinational capital budgeting can help in determining investment opportunity of the company.
