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Blizzard [7]
2 years ago
12

Ziad Company had a beginning inventory on January 1 of 270 units of Product 4-18-15 at a cost of $19 per unit. During the year,

the following purchases were made.
Mar. 15 720 units at $22
Sept. 4 630 units at $25
July 20 450 units at $23
Dec. 2 180 units at $28
1,800 units were sold.

Ziad Company uses a periodic inventory system.

Determine the cost of goods available for sale.
Business
1 answer:
Lemur [1.5K]2 years ago
6 0

Answer:

Cost of goods available for sale= $52,110

Explanation:

Giving the following information:

January 1: 270 units at $19 per unit

Mar. 15: 720 units at $22

Sept. 4: 630 units at $25

July 20: 450 units at $23

Dec. 2: 180 units at $28

The cost of goods available for sales is a previous step to calculating the cost of goods sold. It is the total cost of the units prepared to be sold.

Cost of goods available for sale= 270*19 + 720*22 + 630*25 + 450*23 + 180*28= $52,110

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What does sustainability refer to?a. the ability of a company to maintain high profits despite cutting pricesb. the ability of a
Veseljchak [2.6K]

Answer: Sustainability refers <u><em>to ability of a company to maintain high profits despite cutting prices</em></u>

It is defined as the procedure of individuals maintaining alteration in a harmonious surroundings, here the exploitation of commodities and resources, investments, technological development and organizational changes are in concord and heightens actual and forthcoming potential to meet needs and aspirations.

8 0
3 years ago
Do some independent research on Nicholas Carr (the author of "IT Doesn’t Matter") and explain his current position on the abilit
pychu [463]

Answer:

I agree with Carr's position.

Explanation:

Nicholas Carr is a book author who conceived in america and he has distributed numerous books and articles on innovation, business, and culture.  

Nicholas Carr composed an article called "IT Doesn't Matter" in Harvard Business school at 2003 and in the year 2004 he distributed book called "Does IT Make a difference"  

So His thoughts irritated the data innovation industry for decages.  

Nicholas Carr is a previous individual from the Encyclopedia Britannicas publication leading group of counsels.  

Nicholas Carr was additionally in the directing leading group of the World Economic Forums distributed computing venture.  

Nicholas Carr was an author in home at the University of California at Berkeleys news coverage school.  

So Since 2005 he has composed the well known blog which got exceptionally famous.  

Nicholas Carr was likewise previous official proofreader of the Harvard Business Review.  

His present position is composing and giving a few methods in business and innovation.  

I concur with the situation of Nicholas Carr why in light of the fact that with the assistance of his articles we would knowledge be able to better information on business, innovation and culture.  

With the goal that we can improve our range of abilities and we can learn new things in various societies and advancements.  

By help of his articles and books we can increase some view over various territory in business and new innovations.  

So there are a lot of individuals who followed his articles and books and got numerous inputs to him with respect to the new articles and innovations.  

Nicholas Carr utilizes crafted by Gary Small and enduring the mechanical change of the advanced psyche and the hypothetical bedrock of The Shallow and he likewise cast chilling forecasts about what's to come.  

Nicholas Carr books overlooks the nature of the real book being perused and which is appears to accept that the thoughts in books are of inherently better quality.  

Indeed, even every one of Nicholas Carr proclamations are seen to disentangle after a touch of pushing.

7 0
3 years ago
In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach
julia-pushkina [17]

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

8 0
3 years ago
Read 2 more answers
When Tesla first launched their electric vehicles in the United States, they deviated from the norm in the automobile industry a
Damm [24]

Answer:

The choice of Tesla is known as Forward Integration.

According to the principles of Transaction Cost Economics, this is a good decision.

Explanation:

Companies sometimes take over the operations/businesses that deal with the distribution and supply of their products and or services. This move is known as forward integration.

Traditionally, companies focus on production then bring in middle-men such as Franchise owners, wholesales, dealers, and retailers to distribute their merhandise to the end user. Whilst there are associated benefits with this model, it's been found that the interests of the middle men also generate considerable costs.

In order to competitive advantage, companies are modifying their business models such that end users can deal directly with them thus reducing the final price of their goods and or services making them more accessible and easier to purchase for the consumers.

Transaction Cost Economics refers to the various ways in which an organisation can be set up in order to manage or control the costs associated with its transactions. The goal of transaction cost economics is to reduce overall costs in order to optimize profits, stay competitive and maintain growth by managing and modifying organisational structures and business models.

The most optimized organisational structure/business model is that which is able to attain the highest efficiency possible by operating at the lowest cost possible.

Good or Bad Decision

The market for motor vehicles is an oligopoly.

Therefore, price is an important factor to consider. As a more recent entrant into that space, this is very crucial for Tesla.

Tesla is not only entering into a market dominated by giants, but is also tryin to modify the way people know to drive cars (at least in most parts of the world). Therefore, it is a great move that it is going with a Price Penetration Strategy. Thus by cutting off the Franchise-Oriented dealerships and selling directly, Tesla is able to retain control over the price of it's vehicles.

The whole essence of reducing it's costs is so that it is able to make its products available to the consumers as an alternative to fossile fuel powered vehicles at the lowest cost possible. Despite it's best efforts, there are still petrol powered cars that are at least $10,000 cheaper that what Tesla is offering.

Besides price, one major factor that influences the choice to go with hybrid or 100% of electric cars is that they are clean and very environmental friendly.

Cheers!

5 0
3 years ago
The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of invento
Akimi4 [234]

Answer:

Option B "functional strategy " is the correct option.

Explanation:

  • A functional approach or strategy is necessarily connected to operations and maintenance-level decision-making, also recognized as tactical changes.
  • Those same tactical decisions were mostly applied to different operational departments such as business, research as well as development, human resources, warehousing, logistic support, amongst others.

And therefore this strategy demonstrates best the specific situation.

6 0
3 years ago
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