Answer:
cost of goods purchased= $950
Explanation:
Giving the following information:
Larkspur Co. had cost of goods sold of $3,100.
Beginning inventory was $3,200
Ending inventory was $1,050
<u>To calculate the purchases, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
3,100 = 3,200 + cost of goods purchased - 1,050
cost of goods purchased= 950
Answer: the correct answer is a. includes a credit to Bad Debt Expense of $3,650.
Explanation: the Debt was not going to be paid but then the company received the money so it corresponds the credit to Bad Debt Expense of $3,650.
Answer:
Anne should increase the order quantity to 162 units, that way the company will save $154 per year.
Explanation:
economic order quantity (EOQ) = √(2SD / H)
- order cost = $35
- holding cost per unit = $8
- annual demand = 3,000 units
EOQ = √[(2 x $35 x 3,000) / $8] = 162 units
total order cost per year = order costs x number of orders = $35 x (3,000 / 100) = $35 x 30 = 1,050
holding costs per year = average inventory x holding cost = 50 x $8 = $400
if EOQ is used:
order cost per year = (3,000 / 162) x $35 = $648
holding cost per year = 81 x $8 = $648
total savings = ($1,050 + $400) - ($648 + $648) = $154
Answer:
If you don't trust the other party, you can't resolve conflict with them. You may even come to an agreement but without trust, you won't stick to it. ... In negotiations, parties who trust each other are more likely to cooperate and reveal information that may risk vulnerability.
D is the answer to your question I think not for sure it’s the right answer thought
