Answer:
Inventory= $5,040
Explanation:
Giving the following information:
March 1, 2021, inventory: 1,000 gallons @ $7.20 per gallon = $7,200
Purchases:
Mar. 10 600 gals @ $ 7.25
Mar. 16 800 gals @ $ 7.30
Mar. 23 600 gals @ $ 7.35
Sales:
Mar. 5 400 gals
Mar. 14 700 gals
Mar. 20 500 gals
Mar. 26 700 gals
Total units= 3,000
Total sales= 2,300
Ending inventory= 700 units
LIFO (last-in, first-out)
Inventory= 700*7.20= $5,040
Answer:
the total productivity decreased from 1.66 to 1.53 due to the decreased in the productivity of the labor( from 6.67 to 5.5) and raw materials (from 5.71 to 4.88)
Explanation:
productivity is defined as the ratio of the output to input.
partial measures is defined as the ratio of the output to the single input or it is the ratio of the output to the labor or the ratio of the output to capital.
total measure is the ratio of the goods or services produced to all the inputs used in producing them.
LAST YEAR:
total productivity =
partial productivity for labor =
partial productivity for capital =
partial productivity for raw materials =
THIS YEAR:
total productivity=
partial productivity for labor= 5.5
partial productivity for capital = 4.4
partial productivity for raw materials = 4.88
Answer:
The economist's analysis in this case incorporates the idea of:
A. opportunity costs among alternatives, which is $75 here.
Explanation:
Jack's economist friend is right that Jack lost $75, which represents a 3% return on the $2,500 if Jack had invested it in a bank deposit instead of baseball card. The opportunity cost is, therefore, this potential benefit which Jack has missed or lost because of Jack's choice of investment.
Answer: (A) Labor-intensive technology
Explanation:
The labor- intensive technology is one of the type of process in which an organization or any type of industry require maximum labors for producing the various types of products and the services.
The main objective of the labor-intensive technology is that expanding the business and this type of industry is basically determine by the actual requirement of the capital for producing the maximum goods and the services.
According to the given question, the given production process of the Schlage lock factory is best describe as the labor intensive technology process. Therefore, Option (A) is correct answer.
Answer: A. The return on plan assets is higher than expected
Explanation:
Pension gains related to plan assets is said to occur when the return on plan assets is higher than expected. In a situation whereby an individual or a firm expect a certain return on an asset and when the asset's return was eventually more than the expected return on it, this means that there is a pension gains related to plan assets.