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Ymorist [56]
3 years ago
12

McCarthy Company has inventory... McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, i

t purchased 20 units at $205 each. 11 units are sold on October 4. Using the FIFO perpetual inventory method, what is the value of inventory after the October 4 sale
Business
1 answer:
KatRina [158]3 years ago
6 0

Answer:

Ending inventory= $3,485

Explanation:

Giving the following information:

Beginning inventory= 8 units for $200 each

On October 2= purchased 20 units at $205 each.

11 units are sold on October 4.

u<u>nder the FIFO (first-in, first-out) inventory method, the ending inventory is calculated using the cost of the last units incorporated into inventory.</u>

Ending inventory= 17*205= $3,485

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Lady_Fox [76]

Answer:

<u>compliance-based ethics.</u>

Explanation:

Compliance-based ethics can be defined as a set of rules and conduct for the actions of employees of a particular company to be based on compliance with the laws that regulate business. It is designed to prevent, detect and punish behavior that is not in accordance with a company's pre-established rules.

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3 years ago
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Answer:

Here's my Macroeconomic model.

Explanation:

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The current price of xyz stock is $50.00. dividends are expected to grow at 7% indefinitely and the most recent dividend was $1.
muminat
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5 0
3 years ago
A favorable materials price variance coupled with an unfavorable material usage variance would most likely result from:
Masteriza [31]
The purchase of low-quality materials would most likely the result of a favorable materials price variance coupled with an unfavorable material usage variance. Material price variance is the difference between the cost and the budgeted and actual cost to obtain an object or materials, multiply to the total amount of the product purchased. They are what you called positive value of direct material price and negative value of direct material price. A positive value of direct material price variance is the one that is favorable and it means that the direct material was purchased for a lesser price than the standard price. A negative value of direct material price variance is the one that is unfavorable and it means that more than the expected price per unit is paid.
3 0
3 years ago
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kykrilka [37]

Option C, Transactional leaders do not focus on worker input regarding assigned goals.

<u>Explanation: </u>

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Examples of few transactional leaders: Vince Lombardi, Bill Gates and Howard Schultz.

6 0
3 years ago
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