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mars1129 [50]
3 years ago
9

Andrew Industries purchased $166,000 of raw materials on account during the month of March. The beginning Raw Materials Inventor

y balance was $22,200, and the materials used to complete jobs during the month were $141,900 of direct materials and $13,100 of indirect materials. What is the ending Raw Materials Inventory balance for March
Business
1 answer:
KatRina [158]3 years ago
4 0

Answer:

$33,200= ending inventory

Explanation:

Giving the following information:

Andrew Industries purchased $166,000 of raw materials.

The beginning Raw Materials Inventory balance was $22,200, and the materials used to complete jobs during the month were $141,900 of direct materials and $13,100 of indirect materials.

To calculate the ending inventory, we need to use the following formula:

Raw materials used= beginning inventory + purchases - ending inventory

141,900 + 13,100= 22,200 + 166,000 - ending inventory

155,100= 188,000 - ending inventory

33,200= ending inventory

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Answer:

all of the above

Explanation:

Conflicts of interest pose a problem because they lower the quality of information , increase problems of asymmetric information and make the financial system less efficient.

Conflict of interest cause due to poor communication in the organisation , poor selection of staff misunderstanding between the employees between the departments head , personal stress or frustration , and poor process of planning , lack of trust , ego issues , shyness , not interested to communicate all the above mentioned problem can cause the conflict of interest . These need to be correct to avoid the conflict of interest.

These can be done through by establishing a proper process , leave ego and start communicating and discussing the problem and issues , develop proper communication process in the organisation so that it can help in develop trust in the organisation among the employees  , start compromising sometime , try to avoid sometime , try to manage stress , all these above mention tips may help in avoiding the conflicts .

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According to the model developed in Chapter 3, when government spending increases and taxes increase by an equal amount:
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Correct answer is (B) consumption and investment both decrease.

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What is the logic behind co-locating purchasing personnel with internal customers?
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There are certain advantages that the organization can understand from co-locating <span>purchasing personnel with internal customers</span>. The primary huge advantage is low expenses of task. In addition, the organization will give enhanced administrations to the organization since the organization will distribute to each customer a faculty in charge of giving them the administrations they require. This additionally has an arrangement of getting a great administration by the clients since they get customized treatments. The most noteworthy advantage related with this is the organization will improve its reputation and draw in various customers.
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Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial
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the revised net operating income is   $ 26,400

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Effect the Changes on the Units, Selling Price and Fixed Cost as described on the Original Income Statement.

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Sales( (12,900 units x 2)× ($20 per unit×0.90))      $ 464,400

Variable expenses ( $10× (12,900 units x 2))         ($ 258,000)

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