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Katen [24]
3 years ago
8

A company using the periodic inventory system has inventory costing $152 on hand at the beginning of a period. During the period

, merchandise costing $492 is purchased. At year-end, inventory costing $356 is on hand. The cost of goods sold for the year is:____________.A. $288B. $152C.$492D.$356
Business
2 answers:
BabaBlast [244]3 years ago
7 0

Answer:

A. $288

Explanation:

The cost incurred to produce or purchase the product which is being sold is called cost of goods sold.

Cost of Goods Sold = Beginning Inventory + Purchases in the period - Ending Inventory

Cost of Goods Sold = $152 + $492 - $356

Cost of Goods Sold = $288

Arturiano [62]3 years ago
3 0

Answer:

A. $288

Explanation:

We solve using the inventory identity

$$Beginning Inventory + Purchase = Ending Inventory + COGS

We replace for the know values and solve for COGS like in a sovle for X question

152 + 492 = 356 + COGS

644 = COGS + 356

COGS = 644 - 356 = 288

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Answer:

Scalability

Explanation:

Scalability is the ability to increase or decrease resources for any given workload.

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  • When additional capabilities is added to manage an increase in demand to the existing resource , it is referred to as Scaling Up.
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Scaling does not have to be done automatically.

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A company might want to go for an open office layout because they want to foster creativity and collaboration

See the explanation bellow

<h3>The reason companies choose an open office layout</h3>

Although this type of layout has its own disadvantages one especailly is dealing with a noisy work floor, however, its has proven to be more advantageous in that it promotes collaboration and good work culture among staffs and co-workers.

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5 0
2 years ago
When other salespeople believe that a sales manager has valuable knowledge or skills in a given area, the sales manager is able
netineya [11]

Answer:

The correct answer is: expert power.

Explanation:

Expert power is power derived from the belief of workers that a manager or some other member of an organization has a high level of knowledge or some sort of unusual skills not acquired or displayed by other employees or coworkers of the company. This provides the skilled worker a certain influence at the moment of deciding workers of the same hierarchy.

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alex41 [277]

Answer:

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A property seller empowers an agent to market and sell a property on his behalf. what is this an example of
aev [14]
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