Answer:
Stock out costs increase
Carrying costs decrease
Explanation:
Just in time (JIT) decreases total inventory and increases the number of deliveries made by the company's vendors.
Since the company is going to hold fewer materials and components, then the risk of an stock out increases, resulting in higher stock out costs.
The total inventory will decrease, therefore, the carrying costs will also decrease.
Answer:
<u>$8,768</u>
Explanation:
<em>Sales for June will be</em> = $700 x 400 + $700 x 400 x 0.03 =
=280000 + 8400 = $288400
<em>Projected selling expense</em> = $3000 + $288400 * 0.02 = $3000 + $5768
= <em><u>$8768</u></em>
In an oral public sale in which the bidders' values are $four hundred, $500, $650, $800, and $850, the very best two bidders shape a bid-rigging cartel. the winning bid in this auction is 651 greenbacks.
If there may be no cartel, the winning bid might be any quantity slightly extra than $800, say $800.01 due to the fact the bidder with the best valuation needs to bid a price this is extra than the alternative bids. however due to the fact, that there may be a cartel among bidders with a valuation of $800 and $850, they need to put up a bid this is barely extra than $650 with a view to winning the auction. In this sense, the triumphing bid is 651 greenbacks.
if you make the triumphing bid on an object, you provide the highest fee and get to take it home. Congratulations, and revel in your new paperweight! The bid comes from an antique English word that means “to provide,” that's right consistent with what that means these days. triumphing Bid manner the very best bid obtained and widespread (and if subject to vendor's affirmation, confirmed by using vendor).
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Answer:
Net assets of smith family = $167,000
Explanation:
Given:
Net worth of smith family = $100,000
Net liabilities of smith family = $67,000
Find:
Net assets of smith family
Computation:
Net assets = Net worth + Net liabilities
Net assets of smith family = Net worth of smith family + Net liabilities of smith family
Net assets of smith family = $100,000 + $67,000
Net assets of smith family = $167,000
Answer:
d. $720,000 asset.
Explanation:
At 2014 David Company reported a loss for 2,400,000 which, for taxes purposes wasn't recognized.
Thus, there is a temporary diffrence in favor of the company,
as is paying more income tax today (the 2,400,000 loss is not recognzied thus, more income taxes are being paid)
and then, will pay less than the accounting net income (latter will pay taxes including this loss, thus less income tax)
This is a deffered income tax asset for: 2,400,000 x 30% = 720,000
tax deffered(assets) 720,000 debit
income tax expense 60,000 debit
cash 780,000 credit