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Snowcat [4.5K]
3 years ago
7

Harlan enterprises manufactures smart phones. currently, harlan has $14,000 in raw materials and $25,000 in finished goods in it

s warehouse. it also has $18,600 in work-in-process goods on its assembly line. harlan erroneously includes the work-in-process goods as part of finished goods inventory, listing work-in-process inventory as $0. what effect with this have on harlan's total inventory?
Business
1 answer:
Kitty [74]3 years ago
3 0
Ideally;
Inventory = Cost of raw materials + Cost of finished goods + Cost of work-in-progress

Assuming this ideal case, Harlan's inventory would be;

Inventory = $14,000+$25,000+$18,600 = $57,600

However, if work-in-progress inventory was listed as $0;

Then, the  new work-in-progress would be;
Inventory = 57,600-18,600 = $39,000

This would reduce the inventory for Harlan Enterprises which may affect other financial ratios such as inventory turn-over ratio. As a result, such ratios will not reflect the exact position of the company.
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Explain the hipp of the primary sources below source: letter written by john rolfe
jekas [21]

The correct answer to this open question is the following.

Explain the HIPP of the primary sources below source: "letter written by John Rolfe."

"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.

"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.

"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.

"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.

6 0
3 years ago
your company is trying to decide between two alternatives,truck a is relatively cheap truck cost $100000 and has 6 years life du
Masja [62]

Answer:

the answer is a. because $150000 is already enough and if there are problems with the truck you can fix it with the money the truck makes so pick truck a.

4 0
3 years ago
Sylvia Taylor stresses that a _______, which is a written statement of all the things a worker actually does and how he or she d
yKpoI14uk [10]

Answer:

Job description

Explanation:

A job description is defined as a written document that enumerates the duties that is expected from someone occupying a particular position.

Job description gives an employee a guide on how to effectively meet up with performance requirements in a position, since all key performance activities are enumerated.

Skills needed to succeed on the job can also be communicated in the job description.

In this scenario where Sylvia is referring to a statement of all the things a worker actually does and how he or she does them, is essential in helping workers understand what their job entails and how they can have the most impact on their performance. She is describing a job description.

3 0
4 years ago
Kansas Enterprises purchased equipment for $73,500 on January 1, 2018. The equipment is expected to have a five-year life, with
creativ13 [48]

Answer:

Using the straight-line method, the book value at December 31, 2018 would be: A.$53,760.

Explanation:

       Year 1 Year 2 Year 3 Year 4 Year 5

Cost 67200 53.760 40.320 26.880 13.440

Dep-Acu   13.440 13.440 13.440 13.440 13.440

Book Value 53.760 40.320 26.880 13.440 0

8 0
3 years ago
Scenario analysis is a way of testing forecasts by changing one assumption at a time.
weqwewe [10]

<u>Answer:</u>

False

<u>Explanation:</u>

Although scenario analysis is a way of testing forecasts but not necessarily one assumption at a time.

Scenario analysis is done by keeping all the key risks in mind and predicting the possible outcomes, primary effects and secondary effects on a project. Secondary effects are further analysed to see if there are any other possible risks to consider.

It is not compulsory to change just one attribute at a time, many factors are alone and together analysed to predict better and have a proper set of actions ready to tackle the crisis.

4 0
3 years ago
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