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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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Price discrimination requires:
MariettaO [177]

Answer:

C. A firm to be able to segment its customers based on different price elasticities of demand

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3 years ago
A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen
charle [14.2K]

Answer:

40

Explanation:

According to Ricardian theory, any change in budgets deficits or surpluses should be completely offset by an equal change in private savings.

In this case, the original amount of private savings was 80, but since the budget deficit decreased by 40, then the private saving should also decrease by 40. The total private saving = 80 - 40 = 40

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3 years ago
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Mrrafil [7]

Answer:

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8 0
3 years ago
Maxim Corp. has provided the following information about one of its products:Date Transaction Number of Units Cost per Unit1/1 B
Vesnalui [34]

Answer:

$101,904.6

Explanation:

The computation of the cost of goods sold using the average cost method is shown below:

Beginnig Inventory 285 at $157 = $44,745

Purchases   485 at $177 = $85,845

Purchases   185 at $217 = $40,145

Total cost = $170,735

Now  

Total number of units is

= 285 + 485 + 185

= 955

Now  

Average Cost per unit is

= $170,735 ÷ 955

=$ 178.78

And, finally

Cost of goods Sold is

= 570 × $178.78

= $101,904.6

3 0
2 years ago
The united states has more of what per employee than any other industrial nation?
Sav [38]

Managers, this is symbolic of how business is run in U.S. culture.

4 0
3 years ago
Read 2 more answers
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