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dexar [7]
3 years ago
5

Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $39,000 in inventory. During t

he quarter the company purchases $9,250 of new inventory from a vendor, return $850 of inventory to the vendor, and took advantage of discounts from the vendor of $290. At the end of the quarter the balance in inventory is $31,000.
Required:
1. What is the cost of goods sold?
A. $17,250B. $17,750C. $8,000D. $16,110
Business
1 answer:
vladimir2022 [97]3 years ago
4 0
D. 16,110

39,000+9,250=48,250
48,250-(850+290)=47,110
47,110-31,000=16,110
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The complete question with diagram is attached

Answer:

($3.00, 420 lbs) and ($2.10, 510 lbs)

Explanation:

A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.

A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.

In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.

So at every price level there will be an increase in quantity demanded by 20 lbs.

According to the diagram at price $3 quantity initially demanded was 400 lbs. With the demand shift it will now be 400 + 20 = 420 lbs.

At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs

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2 years ago
Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,638. The
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Answer:

Net Pay = Gross Pay - Federal Income Tax - FICA-SS Tax - FICA-Medicare Tax

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4 0
3 years ago
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, in
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Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.

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2 years ago
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Answer:

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3 years ago
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Answer:

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