The cost of goods sold on October 24 is $4830
The perpetual inventory as on October 31 is 70 units of value as $2310
Explanation:
The order of events in the given scenario,
- Oct. 1 - Inventory 200 units at $30
- Oct. 7 - Sold 160 units
- Oct. 7 - Remaining Inventory 40 units at $30
- Oct. 15 - Purchase 180 units at $33
- Oct. 15 - Total Inventory 40 units at $30 + 180 units at $33
- Oct. 15 - Total Inventory 220 units and value is $7140 ($30 * 40 + $33 * 180)
- Oct. 24 - Sold 150 units
- Oct. 24 - Taken 40 units from the purchase of $30 and 110 units from the purchase of $33 by using FIFO logic
- Oct. 24 - Total cost of goods sold is $4830
So, cost of goods sold on October 24 is $4830
- Oct. 24 - Total Inventory 70 units and value is ($7140 - $4830) = $2310
The perpetual inventory value as on October 31 is $2310
If the poverty threshold for a family of four with two
children was $18,850 in 2004, then a family earning a total household income of
$354 per week would be counted as poverty-stricken because the family
would only get $18,408 per year and that is less than $18,850.
Answer:
FOB destination
Explanation:
FOB destination pricing. FOB destination is an acronym for Free on Board destination. This means that the buyer takes delivery of goods being shipped to it by a supplier once the goods arrive at the buyers receiving dock , the sellers pays and bears the freight charges and it also owns the goods while they are in transit.
Answer:
So maturity value will be equal to $282840
Explanation:
We have given borrowed amount = $28000
Signing day , that is note = 180
Total day in a year = 360 days
Interest rate = 6 %
So interest on the borrowed amount 
So maturity value of the note = borrowed amount + interest on note period
= $28000+$840 = $28840
So maturity value will be equal to $282840
Answer:
The Plumber may take a leave of absence of seven consecutive days during the project.
Explanation:
Code of ethical conduct are a set of guiding rules that governs how an employee is expected to behave in a work environment. It also gives steps on how to handle issues such as harrasment, conflict of interest, and safety.
The best option that describes code of conduct of a person entering an agreement is - The Plumber may take a leave of absence of seven consecutive days during the project.
The employer states policy that guides leave of absence in the workplace and employees are expected to abide by it.
If an employee now takes unauthorised leave of absence not covered by the statement above, it then becomes an issue of violation of agreed code of conduct.
