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MariettaO [177]
3 years ago
7

Which of the following accounts would be closed at the end of the year using the perpetual inventory​ system? A. Accounts Payabl

e B. Merchandise Inventory C. Accounts Receivable D. Cost of Goods Sold
Business
1 answer:
grigory [225]3 years ago
5 0

Answer: Option (D). Cost of Good Sold

Explanation: Cost of goods sold is the carrying value of goods sold during a particular period of time. Furthermore, Cost of goods sold refers to the cost of acquiring or manufacturing the products that a company sells during a particular period of time and Costs of goods can include material, labor, and allocated overhead.

Cost of Goods Sold accounts would be closed at the end of the year using the perpetual inventory​ system.

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Answer:

The correct answer is "Ryan should increase the budget cap of the campaign"

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7 0
3 years ago
Gena Manufacturing Company has a fixed cost of $259,000 for the production of tubes. Estimated sales are 153,400 units. A before
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$2.51

Explanation:

Gena Manufacturing Company calculation for contribution margin unit

Using this formula

Fixed cost + Tax profit/Estimated sales units

Let plug in the formula

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Hence:

(259,000 + 126,034) / 153,400

=$385,034/153,400

= $2.51

Therefore the contribution margin that is required to attain the profit target will be $2.51

8 0
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A three-month forward contract on a stock index is trading at $1000. The current index level is $985.1. Assuming a continuously
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d

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