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koban [17]
3 years ago
10

A manufacturing company reports the following items:

Business
1 answer:
QveST [7]3 years ago
5 0

Answer:

The cost of goods sold is  $ 4,800.

Explanation:

This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.

The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.

Finished good inventory begining       $ 1,000

Cost of good manufactured                  $ 5,000

Finished good inventory ending           ($ 1,200)

Cost of good sold                                   $ 4,800

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Consider a 2.75 percent TIPS with an issue CPI reference of 184.2. At the beginning of this year, the CPI was 195.4 and was at 2
Vikki [24]

Answer:

The capital gain of the TIPS in dollars is $27.69

Explanation:

Given

CPI = 200.5 (Beginning of the Year)

CPI = 195.4 (End of the year)

% = 2.75

CPI Reference = 184.2

CPI Reference of 184.2 = $1,000 rate

Capital Gain is calculated by the difference in value at the end of the year value and at the beginning of the year.

End of the year value = 200.5/184.2 * ($1000)

End of the year value = $1088.49

Beginning of the year value =

= 195.4/184.2 * ($1,000)

Beginning of the year value = $1060.80

Capital Gain =$1,088.49 - $1,060.80

Capital Gain = $27.69

3 0
2 years ago
For the following statement, move the endpoints of the demand curve to create the demand relationship that is described. "I spen
Akimi4 [234]

Answer:

Explanation:

"I spend more on orange juice even as the price rises".

This implies that orange juice is not an inferior good because people demand less of an inferior product when their prices fall. In this case more is demanded as price rises implying that orange juice is being viewed as a luxury good or healthy drink. Consumers tend to interpret certain price increase positively and view the goods as superior.

Does this mean that I must be violating the law of demand?

YES

Generally, the law of demand states that, "citeris paribus  (with all things being equal), as the price of a good rises, quantity demanded falls; conversely, as the price of a good falls, quantity demanded increases".

Therefore if "I spend more on orange juice even as the price rises", then obviously the law of demand is being violated

3 0
3 years ago
________ is the stealing of another person's Social Security number, credit card number, and other personal information for the
Aloiza [94]

Answer:

identity theft

Explanation:

Identity theft is the act of illegally taking another person's identity in order to maliciously use his/her credit card info or any other credentials. This is equally illegal as any other kind of theft, as it is almost the same as robbing someone real-time. This can be prevented by double authentications and secure passwords.

6 0
3 years ago
Democratic leadership is characteristics by........
Alex787 [66]

Answer:

B. is a democratic leadership

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2 years ago
All of the following are associated with reporting controllable costs except:a. At lower levels, management have fewer controlla
stira [4]

Answer:

a. At lower levels, management have fewer controllable costs

Explanation:

The opposite is true, lower-level management have more controllabe costs than higher level management because top management focuses on the general strategy of the firm, while lower management focuses on the specific production processes.

It is in these specific production processes that many controllable costs arise. A production line supervisor (part of lower-level management) can directly control some variable costs such as energy used, amount of input, or even work hours.

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2 years ago
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