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Elenna [48]
3 years ago
11

Taking a physical count of inventory

Business
1 answer:
Inessa05 [86]3 years ago
5 0

Answer:

Taking a physical count of inventory  :

d.should be done near year-end.

Explanation:

Taking physical inventory is necessary for any business because it allows taking pertinent actions to start the next year, also for tracking the inventory as every item should be counted. It helps to know what happens with every article, for example, if there are any losses (damaged goods, stolen or miscounted).

It is helpful to detect items that are about to expire or become obsolete so the company can sell them, and don’t lose money, by using a marketing strategy and then renew/supply the store.

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Darwin Inc. sells a particular textbook for $20. Variable expenses are $14 per book. At the current volume of 50,000 books sold
Ksenya-84 [330]

Answer:

Fixed costs= $300,000

Explanation:

Giving the following information:

Selling price per unit= $20

Variable expenses= $14

Break-even point in units= 50,000

<u>To calculate the fixed costs, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

50,000= fixed costs / (20 - 14)

50,000*6= fixed costs

Fixed costs= $300,000

7 0
3 years ago
What is a good way to narrow down possible career choices?
spayn [35]

A good way to narrow down possible career choices might be researching the possible ones to see which one suits you more.

6 0
3 years ago
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Glade Company leases computer equipment to customers under direct financing leases. The equipment has no residual value at the e
Dennis_Churaev [7]

Answer:

$51,588.70

Explanation:

The computation of the total amount of interest revenue is shown below:-

Annual lease payments = Fair value of Equipment ÷ PV factor of $1 annuity due

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Now,

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3 years ago
Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates
MrRissso [65]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

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Setting up batches $58.89 per batch

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BabaBlast [244]

Discrimination would be the correct answer for this question.

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