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3 years ago

A company which uses more than one ________ will often locate near break-of-bulk points.

1 answer:

3 0

A company that makes use of more than one transport mode will locate near break-of-bulk points. A break-of-bulk point is a location or place where products are moved from one mode of transport to another place. One good example is the docks where goods transfer from ship to truck.

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Partial balance sheets and additional information are listed below for Monaco Company. Monaco Company Partial Balance Sheets as

Studentka2010 [4]

Answer:

Net Purchases = Cost of goods sold - Decrease in Inventory

= $308,000 - $16,500

= $291,500

Cash paid to Suppliers = Net Purchases + Decrease in accounts Payable

= $291,500 + $13,500

= $305,000

The summary entry is as follows:

Merchandise Inventory A/c Dr. $291,500

Accounts payable A/c Dr. $13,500

To cash $305,000

(To record the amount of cash paid to merchandise suppliers during 2018)

5 0

4 years ago

Garden Variety Flower Shop uses 900 clay pots annually. The pots are purchased at $2 each. Annual carrying costs per pot are est

wel

Answer:

EOQ= 255 units

Explanation:

Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.

To calculate the EOQ, we need to use the following formula:

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding/carriying cost

EOQ= √[(2*900*20)/0.6]

EOQ= 255 units

5 0

3 years ago

Which strategy is developed to pull together the various activities and competencies of each department so that corporate and bu

Alik [6]

Answer: E) functional strategy

Explanation:Functional strategies are operational strategies. They are short-term goal-directed decisions and actions of the organization's various functional areas.

The role of functional strategy is to work together to achieve business and corporate strategies. They are where competitive and corporate strategies get implemented.

4 0

4 years ago

On January 1, 2021, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $101,600. The ending i

Lyrx [107]

Answer:

a. An additional layer of $12,760 is added to the 12/31/2021 balance.

Explanation:

The computation of the inventory balance is given below:

2021 Base year cost is

= $131,040 ÷ 1.05

= $124,800

Additional layer is

= $124,800 - $101,600

= $23,200

2022 Base year cost is

= $150,040 ÷ 1.10

= $136,400

Additional layer is

= ($136,400 - $124,800 ) × 1.10

= $11,600 1.10

= $12,760

Therefore the first option is correct

3 0

3 years ago

When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion

damaskus [11]

Answer: (E) Harvesting

Explanation:

The harvesting is one of the type of marketing strategy that retain the goods and the services in the production line and also reduces the market cost or spending on the specific products.

The harvesting strategy is also known as the exist strategy in the market and the main objective of the harvesting strategy is that it maximize the product profits and also has the opportunity for trading in an organization for distributing the shares.

Therefore, Option (E) is correct.

6 0

3 years ago