Answer:
Explanation:
1. Merchandise held on consignment would be included in Phoenix's ending inventory as Phoenix is the consignor or supplier and Trout creek clothing is the consignee.
2. FOB destination goods are included in Phoenix's ending inventory as till the point goods reaches destination, it will be considered as part of the seller's inventory and would be transferred to buyer's inventory after goods reach destination.
3. In case of FOB shipping point, goods are included in buyer's inventory the day goods are shipped irrespective when it reaches the buyer. Here, Phoenix is the buyer so goods will be included in its ending inventory.
4. This would not be part of Phoenix's ending inventory as goods are shipped FOB shipping on December 28. So, this would be included in buyer's inventory.
5. In this case, Phoenix is the consignee and Lisa's market is consignor. So, merchandise on consignment would not be included in Phoenix's inventory.
6. Here, goods would not be included in Phoenix's ending inventory as terms are FOB destination and Phoenix is the buyer. Since, goods will arrive at the destination only On january 3, it will not be included.
7. Goods sold to a customer sitting on loading truck that has not yet been picked up by customer will not be included in Phoenix's inventory. It would be considered as customer's inventory.
8. Freight charges on goods bought are included in inventory cost of the buyer.
Answer:
Units completed= 38,400
Units in process= 5,600
Explanation:
Giving the following information:
Beginning inventory= 0
During January:
44,000 units started
30,000 completed
14,000 remained in the process
The ending inventory in the Mixing Department was 60% complete concerning conversion costs.
<u>To calculate the equivalent units under the weighted average method, we need to use the following structure:</u>
Weighted average:
Beginning inventory= 0
Units completed in the period= 30,000
Ending inventory WIP= 14,000*0.6= 8,400
Units completed= 38,400
Units in process= 5,600
Answer:
b. $44,480
Explanation:
As Job 407 was left out the ending inventory would be of Job 407
Materials + Labor + Factory Overhead= $9000+ $ 5200 + $10,000 + 3,900*$5.20= $44,480
The costs For Job 405 and 406 would be calculated as follows
Material X Material Y
Job 405, $9,000.
Job 406 $5,000 $8,000
<u />
<u>Total $ 14,000 $8,000</u>
Direct Labor Hours Cost
Job 405 5,000 $24,500
Job 406 5,600 $16,000
<u />
<u>Total 10,600 $40,000 </u>
<u />
<u>Factory Overhead</u>
<em>Indirect Labor $5,700 </em>
<em>Factory paychecks $38,700 </em>
<em>factory overhead charges $21,400</em>
<em>Depreciation $7,400</em>
<em>Selling and administrative costs $4,100</em>
<em />
Answer: It is not easily duplicated
Explanation:
Competitive advantage are simply the factors which give a company the edge when compared to its rivals as the company can produce goods or services at a cheaper rate and better than its rivals.
A competitive advantage based on location is often sustainable because it isn't easily duplicated. The main reason here is because different regions comes up with their different weather conditions, resources, market conditions etc. which can't be duplicated.
Answer:
The population of Kosofe local government for 1981 is 704 000.
Explanation:
The solution to the question above is answered in the attached picture.
