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Korolek [52]
3 years ago
8

In its first month of operations, Splish Brothers Inc. made three purchases of merchandise in the following sequence: (1) 155 un

its at $7, (2) 410 units at $8, and (3) 100 units at $9. Assuming there are 310 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Splish Brothers uses a periodic inventory system.
Business
1 answer:
FrozenT [24]3 years ago
8 0

Answer:

FIFO= $2,580

LIFO= $2,325

Explanation:

Giving the following information:

(1) 155 units at $7

(2) 410 units at $8

(3) 100 units at $9.

Assuming there are 310 units on hand.

FIFO (first-in, first-out) method:

Ending inventory= last units purchased

Inventory= 100*9 + 210*8= $2,580

LIFO (last-in, first-out)

Inventory= first units purchased

Inventory= 7*155 + 8*155= $2,325

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Answer:

b. Organizational justice.

Explanation:

In reacting to the allegations that Google engages in "systematic compensation disparities against women" and the request of payroll records by the U.S. Department of Labor in 2017.

Google annually reviews pay levels and denies any disparities against women. In reviewing pay levels, Google's management is focused on organizational justice. The concept of organizational justice was first introduced by Greenberg in the year 1987.

Organizational justice is an organizational concept that describes an employee's perception of decisions, fairness, behaviors and actions with respect to how these employees are affected or influenced both psychologically and other wise at work.

Organisational justice deals with all workplace related activities, ranging from salary to relationships between superiors and their subordinates, equal rights, gender equality and even access to training and promotion.

For the purpose of trust, loyalty and progressive work attitudes, it is very important that organizations prioritize organizational justice.

Hence, if Google focuses on organizational justice, it will help to build trust and address the issue of pay level disparities among its employees.

6 0
3 years ago
You own a house that you rent for $1,675 per month. The maintenance expenses on the house average $315 per month. The house cost
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Answer:

The value that should be placed when analyzing the option of using the house as a professional office is $242,880

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In calculating cash flow of a project, opportunity cost is very important hence be made part of the cash flow

Incremental cash flow = Appraisal on the house - Real estate fees

=$264,000 - $21,120

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7 0
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When it comes to investing, what is the typical relationship between risk and return?
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Pine Corp. produces three products, and currently has a shortage of machine hours since one of its two machines is down. The sel
yulyashka [42]

Answer:

product B

Explanation:

The computation is shown below;

<u>Particulars           Product A          Product B             Product C </u>

Selling Price            $5.00                $3.00                  $5.00

Less: Variable cost per unit ($3.50)   ($2.00)               ($2.00)

Contribution per unit     $1.50               $1.00                $3.00

Machine hours per unit   0.75                 0.25                    1

Contribution per machine hour $2.00   $4.00            $3.00

                                         ($1.50 ÷ 0.75)  ($1.00 ÷ 0.25)   ($3.00 ÷ 1)

The product B should be produced as it has the highest contribution per machine hour

6 0
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Answer:

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2. Prior to purchasing the desired mutual fund, you should sit down with both joint owners and discuss the various risks associated with the investment.

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In this situation, the RR must get all the relevant and important information that concerns opening the account and should also tell them the risks involved investing in such fund.

The RR should not just refuse to open the account because of risk he is not responsible for discussing what it means to open a JTWROS account.

Instead The RR has it as a duty to explain the implications of the JTWROS account to the client and her boyfriend

8 0
3 years ago
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