Answer:
click the three dots in to the corner then press comments.
Answer:
Please find the complete question in the attached file.
Explanation:
Rocky believed there would be a
possibility of a July bonus for touring, i.e
, from July 1-July 15 (10 days)-. Therefore no bonus can be calculated as
/ day trip \times 10 days =
throughout this duration.
The expected 15-day revenues from 16th July – 31st July may well be calculated as
Rocky calculated that it would get the bonus
of the time. Estimates a 
Answer:
The correct answer is letter "B": since there is no count of inventory during the review period, a stockout is possible.
Explanation:
The fixed-period inventory system, also known as a periodic inventory system, only updates the organization’s inventory balance when an actual physical count of the inventory is necessary. Most companies only carry out a physical inventory count once every quarter or year, being this the reason why this system is called "fixed-period". However, this could lead to a company stockout at an unexpected period when the count was not carried out yet.
Answer:
COGS = $2,525,000
$375,000
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
COGS = (80,000 X $30) + (5000 X $25) = $2,525,000
Ending inventory would comprise of jan. 1 inventory less 5000
15000 x 25 = 375000