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Vlad1618 [11]
3 years ago
14

. If you were running the clothing or grocery store, which inventory control method would you prefer to use? Describe at least o

ne, and explain why you would use it. (1-2 sentences. 1.0 points)
Business
1 answer:
Aleksandr [31]3 years ago
6 0

If you were running the clothing or grocery store, the use of digital technology that is integrated with software packages like bar coding and software packages accurately controls inventories.

<u>Explanation:</u>

The process of keeping track of information that are related to the items that arrives at a shop and the items that are sold from a shop is called as inventory control. When the size of the shop is not big then this task may appear to be easier. When it comes as a big shop then this becomes a tedious task.

Those items that are kept for sale and those number of items that are left on the store must be taken into account. The items that are returned by the customers should also be considered. These things can be easily controlled by using a software package and a bar coding that is associated with all the apparels in the shop. Whenever new set of items comes into the shop it will be automatically fed to the computer and when the items are purchased by the customers it will also be fed into the computer. Hence the process is made easier.

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In the Schedule of Cost of Goods Manufactured and Cost of Goods Sold, the cost of goods manufactured is computed according to wh
kobusy [5.1K]

Answer:

Cost of goods manufactured = Total manufacturing costs + Beginning work in process inventory – Ending work in process inventory

Explanation:

Cost of goods sold is the total direct costs of producing the goods sold by a company.

Cost of goods sold = cost of direct materials + cost of direct labour + Manufacturing Overhead  + Beginning work in process inventory – Ending work in process inventory

7 0
3 years ago
____ pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit
kondaur [170]
Unit pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit of service. 
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3 years ago
Read 2 more answers
A measure of social class that is based on income, wealth, prestige and power is called? a. socioeconomic status. b. esteem. c.
tekilochka [14]

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

What is Socioeconomic Status?

A person's socioeconomic status is a combined economic and sociological assessment of their level of education, employment history, access to resources, and standing in society.

Therefore,

A measure of social class that is based on income, wealth, prestige and power is called socioeconomic status.

To learn more about socioeconomic status from the given link:

brainly.com/question/8625928

5 0
1 year ago
Joe, a human resources specialist for Jersey Office Supplies Co., rides along with the furniture delivery people to observe the
Svetllana [295]

Complete question:

Joe, a human resources specialist for Jersey Office Supplies Co., rides along with the furniture delivery people to observe the problems they were encountering and what activities they were required to perform. Joe was performing a:

A. personality test

B. performance appraisal

C. BARS

D. job analysis

Answer:

Joe was performing a job analysis

Explanation:

Job analyzes are a set of protocols for defining the contents for the job and the features or criteria required for the execution of the tasks. Job analytics provide employers with knowledge that helps to recognize which personnel is ideally suited to particular work.

An example of a job analysis model might list tasks or activities of the job and determine each performance level. Within this way, the role of job analysis is critical. Many companies typically take the same generic approach without details on the task description. All workers are tested in a similar set of features or characteristics presuming that they are required for all work.

6 0
3 years ago
At a growth (interest) rate of 8 percent annually, how long will it take for a sum to double? To triple? Use Appendix A for an a
Yanka [14]

Answer:

n =   ㏒ P ÷ ㏒ (1.08)

Explanation:

Compound interest rate

A = P × (1 + r)^{n}

where

P = principal amount (the initial amount you borrow or deposit)

r  = annual rate of interest (as a decimal)

A = amount of money accumulated after n years, including interest.

n  =  number of years

Since we want the principle amount to double i.e., A = 2P

put this in above equation

2P = P × (1 + r)^{n}

divide both sides by P, we get

P = (1 + r)^{n}

put r = 0.08

P = (1 + 0.08)^{n}

P = (1 .08)^{n}

Taking log on both sides

㏒ P =㏒ (1 .08)^{n}

㏒ P = n ㏒ (1.08)

n =   ㏒ P ÷ ㏒ (1.08)

8 0
3 years ago
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