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Wewaii [24]
3 years ago
10

​_______________ tend to carry a wide array of goods for a long period of​ time, while​ _______________ focus more on the positi

oning of seasonal goods such as lawn care​ products, fashion​ goods, and recreational equipment.
Business
1 answer:
Makovka662 [10]3 years ago
7 0

The answers are the following; assortment warehouse and spot stock warehouses.

It is because the assortment warehouse the capability of carrying goods in a long period of time while the spot stock warehouses only has seasonal goods that are placed or focused on.

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On January 1, 2019, Woodstock, Inc. purchased a machine costing $30,900. Woodstock also paid $1,700 for transportation and insta
lutik1710 [3]

Answer:

Annual depreciation= $5,600

Explanation:

Giving the following information:

Total Purchase price= 30,900 + 1,700= $32,600

Useful life= 5 years

Residual value= $4,600

<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>

Annual depreciation= (Total Purchase price - salvage value)/estimated life (years)

Annual depreciation= (32,600 - 4,600) / 5

Annual depreciation= $5,600

8 0
3 years ago
On August 5, 2021, Sandhill Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining se
Anna007 [38]

Answer:

The amount of cash received by Sandhill furniture is: $29,480

Explanation:

First, let us calculate the total amount sold for the dining sets

unit price = $810 each

number of sets = 40

Total revenue from sales = 810 × 40 = $32,400

Next let us calculate the total cost of operation and commission;

commission = 5% of sales amount

= 5/100 × 32,400 = $1,620

advertising expense = $560

installation setup = $740

Total expenses = 1620 + 560 + 740 = $2,920

Finally, the amount of cash received by Sandhill is the diffrence between the total revenue and total expenses.

Cash received = 32,400 - 2,920 = $29,480

4 0
3 years ago
Payback period The Ball Shoe Company is considering an investment project that requires an initial investment of $ 544,000 and r
Gnesinka [82]

Answer:

Payback period is  7.01   years

The project should be accepted

Explanation:

The payback period is the time taken for the initial cash outlay of $544,000 to recoup itself, in other words,the length of time taken for the company to receive cash inflows equivalent to the amount invested initially.

payback period=initial capital outlay/annual after-tax cash inflows

payback period=$544,000/$77,624= 7.01   years.

It shows that the project's payback is lesser than the company's target,hence,the project should be accepted

3 0
3 years ago
Which of the following combinations should be avoided? a. high price and high quality b. low price and low quality c. heavy prom
NNADVOKAT [17]

Answer: heavy promotion and low (exclusive) availability

Explanation:

The wrong combination is high promotion and low availability, because when a product is highly promoted it would lead to high interest in that product from the consumers, this would lead to a high demand for that product from customers. And this high demand needs to be met with high supply, which is not the case here, therefore scarcity would set in.

4 0
3 years ago
Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
Paladinen [302]

Answer:

Overhead at the end of the year was $3,570 under-applied

Explanation:

For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

= $521,220 ÷ 21,900 hours

= $23.8

Now we have to find the actual overhead which equals to

= Actual direct labor-hours × predetermined overhead rate

= 21,750 hours × $23.8

= $517,650

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $521,220 - $517,650

= $3,570 under-applied

8 0
3 years ago
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