Answer:
$5,415
Explanation:
Purchases Sales
January: 10 units at $120 6 units at $120
February: 20 units at $125 5 units at $125
May: 15 units at $130 9 units at $130
September: 12 units at $135 8 units at $135
November: 10 units at $140 13 units at $140
On December 31, there were 26 units remaining in ending inventory.
When you use last in, first out (LIFO) method, you calculate cost of goods sold based on the price of the last units purchased.
COGS:
- January: 6 units at $120 = $720
- February: 5 units at $125 = $625
- May: 9 units at $130 = $1,170
- September: 8 units at $135 = $1,080
- November: 13 units at $140 = $1,820
- total $5,415
Answer:
2- A. Establish ground rules
3- D. Top management’s requirements.
Explanation:
2- An effective team is a well-integrated team, where the flow of information occurs effectively and where each member feels equally respected and an important part of the team, being able to contribute with ideas and feedback.
Therefore, for there to be cohesion and improvement of the team's performance, it is necessary to establish basic rules, to guide the behavior and actions of members and for there to be equality among all, in order to avoid conflicts and organize work.
3- to guide the process of the performance improvement team, the most important alternative is the requirements of senior management.
It is the managers who will coordinate, monitor and guide the action plans and develop the fundamental requirements for the execution of the business actions that will lead to the fulfillment of the objectives and goals.
Answer:
1. fixed and indirect
2. variable and direct
3. variable and direct
4. fixed and indirect
5. fixed and indirect
6. variable and direct
Explanation:
<u>Fixed and variable costs</u>
A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.
Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.
<u>Direct and Indirect costs</u>
A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.
The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.
Answer:
D. the people were inadequately trained on how to use the new system
<u>Missing information:</u>
A. the network cannot support the data transmissions
B. the software is full of errors
C. the software performs the wrong tasks
D. the people were inadequately trained on how to use the new system
E. the hardware is not functional
Explanation:
Assuming the provider of the software act in well-being and provides a functional software that will not crash every time is used (E) and (B)
The most probable reason is that people didn't understand the new interface, mechanics or features of the new system thus, performing below expected as they may though their productivity was going to increase while in fact it decrease or the daily task are now more harded to complete
The correct term to fill in the blank would be rent. The price paid for the use of someone else's property is called rent. It is a periodic and fixed amount of money paid by one that uses the possession of one.
