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otez555 [7]
3 years ago
12

McKendrick Shoe Store has a beginning inventory of $45,000. During the period, purchases were $195,000; purchase returns, $6,000

; and freight-in $15,000. A physical count of inventory at the end of the period revealed that $30,000 was still on hand. The cost of goods available for sale was
a. $189,000.
b. $204,000.
c. $219,000.
d. $249,000.
Business
1 answer:
NikAS [45]3 years ago
6 0

Answer:

d. $249,000

Explanation:

cost of goods available for sale

= $45,000 + $195,000 - $6,000 + $15,000

= $249000

Therefore, The cost of goods available for sale was $249000.

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The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta
Xelga [282]

Answer:

$13,640 Unfavorable

Explanation:

Data provided

Actual hours = 2,600

Standard hours = 6.0

Standard variable overhead rate = $12.40

The computation of variable overhead efficiency variance is shown below:-

Variable overhead efficiency variance = (Actual hours - Standard hours) × Standard rate

= (2,600 - (250 × 6.0)) × $12.40

= (2,600 - 1,500) × $12.40

= 1,100 × $12.40

= $13,640 Unfavorable

Therefore for computing variable overhead efficiency variance we simply applied the above formula.

7 0
3 years ago
Between 1994 and 2006, Fort Myers home prices have increased Faster than the rate of inflation. Using your knowledge of markets,
igor_vitrenko [27]

Answer: The market for homes will be higher when there is increase in the amount of homes being built. In addition, the location of a house determines the cost of the house. For instance, a house located in an urban environment will cost more than the one located in a rural area. Irrespective of having the same components or features, the price will always vary.

Explanation:

Fort Myers is a commercial centre of Lee County, Florida. It is a major tourist destination in Florida. It is a metro city with job markets and a nice quality of live. Between 1994 and 2006, the prices of Fort Myers homes increased more than the rate of inflation. This is due to the quality of life and location of Fort Myers. An increase in the number of houses built increaseD the market for homes. This raised the price of houses higher than the inflation rate.

5 0
2 years ago
What do you think a career is?<br> What is an employer?<br> What is an employee?
NARA [144]

Answer:

down below

Explanation:

A career is a occupation that people take for usually long periods of time, many times people have a career for there whole life, it's something you have progress with over the years.

a employer is either a person or organization that employs people for a job

a employee is someone who is working at a job for means of wages or salary.

8 0
3 years ago
The duration of a project with concurrent tasks is ___________ the sum of the times for the activities.
katovenus [111]

Answer:

Project time management

5 0
3 years ago
Venture capital holding period returns (all stages) for the 20-year period ... (all stages) for the 10-year period ending in 201
arsen [322]

Answer:

C. 10%

Explanation:

The correct answer to the given question is : C 10%.

Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.

The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.

Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.

The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.

7 0
2 years ago
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