Answer: More people in the target market are buying the company's product.
Explanation:
The most likely result from a layoff of factory workers in a town is that the unemployment rate will rise, at least temporarily. This is assuming the factory is in the US and all workers are full time. Other government services might also see an increase, such as food stamps, job training services, etc.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory= $40,000
During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 40,000 + 280,000 - 42,000
COGS= 278,000
Answer:
False
Explanation:
Depreciation for on straight-line method:
Cost price: $ 95,000.00
Residual value: $ 5,000.00
Depreciable amount = $ 95,000- $ 5000
= $90,000.00
Depreciation per year= 1/5x 90,000
=0.2 x$ 90,000
=$18,000.00
