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BartSMP [9]
3 years ago
7

Tomas recently graduated with honors from his college. He has bragged to his friends that his academic performance has prepared

him so well for a successful career that he can find a job with ease and forget school or training in his future. In evaluating the future of the workplace, Tomas is ____.(A) exactly right.(B) His past performance should carry him to success.(C) completely wrong.(D) Studies show that a college education has little to do with success.(E) over confident.
Business
1 answer:
dlinn [17]3 years ago
7 0

Answer: (E).

Tomas is over confident.

Explanation:

Someone who has more confidence than he/she should in a given situation, and who has more often than not, misjudged his/her capability, is said to be overconfident.

In this case, Tomas brags that his academic performance alone is enough for him in the workplace, however, there is a need for continuous learning and training to keep up with changing trends in the workplace.

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Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,410 units
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Answer:

Production= 60,740

Explanation:

Giving the following information:

Sales= 59,700

Beginning inventory= 6,410

Desired Ending inventory= 7,450

<u>To calculate the production for the year, we need to use the following formula:</u>

Production= sales + desired ending inventory - beginning inventory

Production=  59,700 + 7,450 - 6,410

Production= 60,740

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2 years ago
Windsor, Inc. reports the following for the month of June.
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Answer: Please refer to the explanation section

Explanation:

1 June Inventory Balance = 556 x $6 = $3336

12 June Purchase = 1112 x $7 = $7784

23 Purchase = 834 x $11 = $9174

1.Cost of Ending inventory (First in First Out Method)

First in First out method implies that inventory purchased first will be sold first., with this in mind, We Can conclude ending inventory units  of 278 come from the inventory purchased on the 23rd of June.

Ending inventory units = 278 x $11 = $3058

Cost of good sold

Cost of goods sold = $3336 + $7784 + $6116*

Cost of goods sold = $17236

* (834 - 278 x $11)= 556 x $11 = $6116

Cost of Ending inventory Last In First Out

Last In First Out method implies that most recently purchased inventory will be sold first therefore We can conclude that the ending inventory units come from opening inventory units

Ending Inventory = 278 x $6 = $1668

Cost of goods sold =   $9174 + $7784  + $1668*

Cost of goods sold = $18626

*(556 - 278) x $6 = 278 x $6 = $1668

2 FIFO Method gives a higher a higher ending inventory Balance ($3058)  than LIFO Method ($1668). Ending inventory unit cost under FIFO Method is $11 while the ending inventory unit cost under LIFO Method is $6

3.  LIFO Method Provides Higher Cost of goods sold ($18626) than FIFO Method ($17236). LIFO Method includes the entire units of inventory purchased on the 23 June costing $11 per unit while Cost of goods sold under FIFO Method has only 556 units from the units purchase on the 23rd of June costing $11 per unit

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The correct answer is the intensive distribution. An intensive distribution is being defined as having to get products to many outlets as possible by which the consumers are likely to encounter and see the product everywhere that they may go to.

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One of the great dangers in allocating common fixed Blank 1 of 1 costs is that such allocations can make a product line look les
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Answer:

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