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MAXImum [283]
3 years ago
6

Ending inventory is equal to the cost of items on hand plus: a. Items in transit sold f.o.b. shipping point. b. Purchases in tra

nsit f.o.b. destination. c. Items in transit sold f.o.b. destination. d. None of these.
Business
1 answer:
guapka [62]3 years ago
8 0

Answer:

C) Items in transit sold f.o.b. destination.

Explanation:

Ending inventory = all items in hand plus all purchases bought FOB shipping point plus all sales sold FOB destination.

FOB shipping point means that the title of the goods is transferred once the goods leave the seller's warehouse.

FOB destination point means that the title of the goods is transferred only after the goods arrive to the buyer's warehouse.

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The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency variance i
natali 33 [55]

Answer:

Option (B) is correct.

Explanation:

Given that,

Actual hours used = 45,000

Actual rate per hour = $15.00

Standard rate per hour = $14.50

Standard hours for units produced = 47,000

Direct Labor Efficiency Variance:

= (Standard Hours for units produced - Actual Hours used) × Standard Rate  per hour

= (47,000 - 45,000) × 14.50

= 29,000 Favorable

4 0
3 years ago
Question 3 of 10
ANTONII [103]

Answer: B. Using spreadsheets to plan budgets

Explanation: yes

3 0
3 years ago
The ponderosa bank receives a new deposit of $2,500. the reserves requirement is 20 percent. How much can this bank loan out as
777dan777 [17]

$2,000 bank loan out as a result of this deposit.

Banks create new money by making loans. Banknotes issued by banks are not stamped with the stamp of the federal reserve bank. It is electronic money that glows on the screen when checking the balance at an ATM. Banks can generate money through the accounts they use when making loans.

Therefore, when the bank receives additional deposits, it receives an equal amount of reserves. If you lose your deposit, you lose an equal amount of your reserve.

A deposit is a financial term that means money held in a bank. A deposit is a transaction of transferring funds to another party for safekeeping.

Learn more about deposits here brainly.com/question/3148274

#SPJ4

3 0
1 year ago
Beverly works at a specialty kitchen store. The manufacturer of a brand of gourmet mustard that is sold through her store pays h
Leto [7]

Answer: A spiff

Explanation:

Spiff is actually a form of slang to refer to someone who receives an incentive for selling an item to customers on behalf of a vendor. This motivates the seller to push the vendor's items (sell them) onto its (seller's) customers. The incentive usually comes in the form of a bonus and is paid out immediately.

In this question the gourmet mustard manufacturer is the vendor, and Beverly is the seller. Beverly receives $1 for every jar of mustard she sells, which is the bonus. This motivates her to keep selling these jars on behalf of the manufacturer (vendor). This payment is immediate, as she receives it everytime she sells a jar of mustard.

5 0
2 years ago
A(n) _____ facilitates the development of organizational knowledge, skills, and tools to internally charter and manage projects
shepuryov [24]
A PROJECT MANAGEMENT OFFICE facilitates the development of organisational ............................
Project management office refers to a department within a business which defines and maintains standards for projects management within that organisation. It is the one that is responsible for setting standard which are used during the executions of projects by the company.
5 0
2 years ago
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