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Triss [41]
3 years ago
5

Given equal circumstances, which inventory method would probably be the most time consuming?

Business
1 answer:
erik [133]3 years ago
3 0

Answer: D. Specific identification

Explanation: The specific identification method of inventory taking is probably the most time consuming. This is because it is based on principles which are: being able to track each item in an inventory; being able to track the cost of each item individually; being able to relieve inventory for the specific cost associated with an inventory item when it is sold. It is quite clear then that despite its high degree of accuracy to the cost of inventory, it is very time-consuming as it tracks inventory items on individual unit basis restricting its use to smaller inventory volumes and smaller firms.

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Bunk stores has requested a quote for a special order of bubbs. this order would not be subject to any corporate allocation (and
Nezavi [6.7K]

The minimum price that this order could be offered is at cost. Since there are no cost figures in this question, this is the best answer I can give.

You would need to at least sell the item for the amount of money it cost you to make, assemble, and ship the product.

7 0
4 years ago
Nancy is gathering information about different cars in order to decide which car she wants to buy. According to the elaboration
jolli1 [7]

Answer:

c. she is personally motivated to devote time and energy to the information.

Explanation:

central route is when you actively think about and weight information against what you already know; considering arguments carefully.

Nancy will be more likely to process this information through the central route if she is personally motivated to devote time and energy to the information.

8 0
3 years ago
Hewell Co. started 2020 with two assets: Cash of E200,000 (Euros) and Land that originally cost E252,000 when acquired on April
salantis [7]

Answer:

Please find the complete question and its solution file in the attachment.

Explanation:

Timing of shifts in Boerkian's net money assets

Date         Particulars               Stickles    Exchange Rate     Dollars

1-Jan  Assets (26000 + 72000)         98000 \ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \    0.29\ \ \ \  \ \ \ \ \ \ \ \ \  \ \ \ \                28420

1-May  Service Revenue           36000\ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ 0.30\ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ 10800

1-Oct  Operating Expenses   (22000) \ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ 0.31\ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ 6820

31-Dec  Net Assets 112000\ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \  \ \ 32400

31-Dec Net Assets at Current Exchange Rate on Dec.31                                             112000\ \ \ \ \ \ \  \ \ \ \ \ \ \ \   0.35\ \ \ \ \ \ \  \ \ \ \ \ \ \ \   39200

31-Dec  Gain(\$39200 - \$32400)                                                6800

The profit is $6,800 for the subsidiary. The exchange rate is higher on 31 December.

3 0
3 years ago
Rocky Mountain Bikes' Colorado warehouse has 50 Pack Rat Deluxe Bike Baskets in stock at a moving average price of $25.13 each.
Viefleur [7K]

Answer:

Rocky Mountain Bikes

Current moving average price is:

$25.43

Total inventory valuation is:

$11,443.50

Explanation:

Colorado warehouse:

Item             Qty     Price         Moving      Total       Total Value

                                         average price   Qty        

Inventory     50                       $25.13         50        $1,256.50

Purchase   300    $25.54      $25.48      350         $8,918.50

Transfer     100    $25.25      $25.43      450        $11,443.50

Rocky Mountain Bikes' Colorado warehouse uses the moving average price to value the inventory.  The moving average price is computed by creating a constantly updated average price.  This smoothens the price data.

7 0
3 years ago
Which type of question best fits the purpose of an interview
Elena L [17]
I think the answer would be a background question.

I hope that helped :)
3 1
3 years ago
Read 2 more answers
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