Retailers of all sizes can explore cpfr as a strategic option, but in order to be scalable, _______

Beginning inventory, purchases, and sales for Product XCX are as follows:

9966 [12]

Answer:

Cost of merchandise sold = $483 , Closing stock = $227

Explanation:

Perpetual inventory system includes updates done, when sale or purchase transaction happens

Opening Stock = 26 units (price 15). Value = 26 x 15 = 390

Sale = 13 units, price 15. So, sales cost value = 13 x 15 = 195

Purchase = 20 units (price 16). Value = 20 x 16 = 320

Sale = 18 units, price 16. So, sales cost value = 18 x 16 = 288

Total sales cost value, or cost of merchandise sold = 195 + 288 = 483

Closing stock = Opening stock + purchase - sales cost

= 390 + 320 - 483

= $227

4 0

3 years ago

Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the com

jekas [21]

Answer and Explanation:

The preparation of the answer sheet is presented below;

Product Costs

Cost Item Direct Direct Manufacturing Period

Materials Labor Overhead Costs

Rent on factory

equipment $11,500

Insurance

on factory building $1,780

Raw materials $80,800

Utility costs for factory $920

Supplies for general office $320

Wages for

assembly line workers $59,700

Depreciation on office equipment $830

Miscellaneous materials $1,470

Factory manager’s salary $6,200

Property taxes on factory building $420

Advertising for helmets $14,900

Sales commissions $10,900

Depreciation on factory building $1,640

Total $80,800 $59,700 $23,930 $26,950

Now cost to produce one helmet is

= Total cost to produced ÷ number of helmets produced

= ($80,800 + $59,700 + $23,930) ÷ (10,000)

= ($164,430) ÷ (10,000)

= $16.44

5 0

3 years ago

Bayram had the opportunity to choose between two investments. The first investment was described as having a 30% chance of succe

DiKsa [7]

Answer:

a framing bias

Explanation:

Framing bias occurs when a person chooses an option based on whether it was presented in positive or negative terms. There is tendency to avoid risk on positive presentation, and seek risk on negative presentation. It is a form of cognitive bias.

On this scenario Bayram is to choose between two investments. One was said to have 30% chance of success and the other a 70% chance of failure.

Although both investments have the same risk and benefit Bayram chose the one that was presented as 30% chance of success.

This phenomenon of choosing based on positive presentation is called framing bias.

4 0

3 years ago

The adjusting entry to account for use of supplies consists of a: Multiple Choice debit to Supplies Expense and a credit to Supp

barxatty [35]

Answer:

debit to Supplies Expense and a credit to Supplies

Explanation:

The adjusting entry to use the supplies is shown below:

Supplies expense Dr XXXXX

To Supplies XXXXX

(Being the supplies is adjusted)

For recording the adjusting journal entry, we debited the supplies expense and credited the supplies so that the proper posting could be done

Hence, the first option is correct

3 0

3 years ago

During a management meeting, Dave, the CEO of Top Office Equipment, reminded his management team of where the company wants to g

kirill115 [55]

Answer:

Vision statement

Explanation:

A vision statement bis defined as the statement of a business's objectives, and acts as a guide when there is internal decision making to be done within the organisation.

The vision statement outlines what the organisation aims to achieve. It should be short, simple, specific, and not open to different interpretations.

Dave the CEO is reminding the employees where the company wants to go as an organisation by stating the vision statement: "Top Office Equipment is the expert whom customers should always call regarding all their office equipment needs because Top Office strives to understand customer needs and provide the right answers for them."

6 0

3 years ago

Read 2 more answers

Retailers of all sizes can explore cpfr as a strategic option, but in order to be scalable, ________ is needed.