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Kruka [31]
2 years ago
15

If hawkins manufacturing purchased $13,000 in metal, $6,000 in cloth, and $2,000 in cleaning supplies, the raw materials invento

ry would have
Business
1 answer:
kirill115 [55]2 years ago
5 0
Raw materials are goods that are for processing which will result in finished products which are for sale.  

The raw materials inventory includes the metal of $13,000 and the cloth of $6,000 or a total of $19,000.  The $2,000 cleaning supplies do not fall under the classification of raw materials, instead, this falls under prepaid supplies and later reclassified to supplies expense once consumed. 
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Answer: Product market decision

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In the given case, nestle and cadbury made the decision regarding the product by taking the climatic conditions of the target market into consideration. Hence, we can conclude that the given case is an example of product market decision.

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3 years ago
Coca-Cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. However, with t
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Answer:

B.

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Coca-Cola was trying to build new core competencies to protect and extend their current marketing position.

8 0
3 years ago
At the beginning of the​ month, supplies were $ 6 comma 000. During the​ month, $ 7 comma 000 of supplies were purchased. At​ mo
Lena [83]

Answer:

Adjusting Entry

Cost of goods sold (Dr.) $11,000

Beginning Inventory (Cr.) $6,000

Purchases (Cr.)   $5,000

Closing Entry

Ending Inventory (Dr.)  $2,000

Income Summary (Cr.)         $2,000

Explanation:

The adjusting entry is made by debiting cost of goods sold account which reflects the amount of inventory sold during the month and the entry is credited by beginning inventory of $6,000 and the remaining amount which is $5,000 is credited in purchases account.

The closing entry is made by debiting the ending inventory by the amount of $2,000 and Income Summary account is credited by the same amount to close the inventory account.

6 0
2 years ago
3. Suppose that all households hold all their wealth in assets that automatically rise in value when the aggregate price level r
alexira [117]

Answer:

What happens to the wealth effect of a change in the aggregate price level as a result of this allocation of assets?

  • The consumers' wealth effect will rise since the slope of the aggregate demand curve increases as the prices of assets increases, i.e. the slope of the aggregate demand curve becomes steeper as customers become wealthier.

Will aggregate demand still be downward sloping? Why or why not?

  • The aggregate demand curve sill still be downward sloping because as the price of a good or service increases, the quantity demanded will still decrease. An inverse relationship exists between price changes and quantity demanded.
8 0
3 years ago
A good place to begin an interior structure inspection is the A. basement. B. garage. C. attic. D. plumbing system.
sweet-ann [11.9K]
It is A the basement.
      Hope this helps!
3 0
3 years ago
Read 2 more answers
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