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faltersainse [42]
3 years ago
5

QS 6-2 Inventory costs LO C2 A car dealer acquires a used car for $16,000, with terms FOB shipping point. Compute total inventor

y costs assigned to the used car if additional costs include $210 for transportation-in. $120 for shipping insurance. $860 for car import duties. $160 for advertising. $1,300 for sales staff salaries. $170 for trimming shrubs.
Business
1 answer:
natima [27]3 years ago
6 0

Answer:

$17,190

Explanation:

Costs that make up the cost of an asset are cost of purchase , sales tax , transportation , shipment insurance , import duties on items , assembly installation and all other costs incurred in making the assets ready for use.

Workings

Cost of purchase - 16,000

Transportation - in      210

Shipping insurance-    120

Car import duties -      860

Total cost                 17,190    

Other cost will the expensed as incurred

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Answer:

A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal

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2 years ago
The MR = MC rule Multiple Choice applies both to pure monopoly and pure competition. applies only to pure competition. applies o
Neko [114]

The MR = MC rule C. applies only to pure monopoly.

<h3>What is monopoly?</h3>

It should be noted that monopoly simply means the only seller of a good to service in the market.

In this case, the MR = MC rule applies only to pure monopoly.

In conclusion, the correct option is C.

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2 years ago
Moe is an average worker stuck on a team of complacent workers. Nick is an innovator who produces triple the amount of the avera
VLD [36.1K]

Answer:

Wyatt

Explanation:

High outcome interpendence is a concept that encourages cooperation between members on a team. It shows that if a team wins all members will benefit, and if the team fails all members will be adversely affected.

In this scenario Wyatt who is a slacker in the team of Nick will stand to gain more.

In a high outcome interpendence scenario Nick will be forced to improve on the performance of Wyatt in order to meet team objectives.

The other average workers will only gain a little from increased cooperation.

5 0
3 years ago
Wild Swings Inc.’s stock has a beta of 2.5. If the risk-free rate is 6% and the market risk premium is 7%, what is an estimate o
Bess [88]

Answer:

r = 0.235 or 23.5%

Explanation:

Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.  

The formula for required rate of return under CAPM is,

r = rRF + Beta * rpM

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r = 0.06 + 2.5 * 0.07

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3 0
3 years ago
Arch gives you an amended form w-4 dated march 11, 2013, on which he claims two additional withholding allowances. he asks you t
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3 years ago
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