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2 years ago

The selection of an appropriate inventory cost flow assumption for an individual company is made by

Business

1 answer:

Butoxors [25]2 years ago

3 0

Answer: Management

Explanation:

The management is one of the type of organization that manage the various types of business activities for the purpose of achieving the goals and the following are some main function of the management are as follows:

Controlling the system
Planning the overall function
Organizing

According to the given question, the selection of the inventory cost flow in the system by the company then it is known as the management as it handles all the inventory business of the various types of products and the services in the management.

Therefore, Management is the correct answer.

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In an assembly operation at a furniture factory, six employees assembled an average of 450 standard dining chairs per 5-day week

BaLLatris [955]

I believe the answer would be C.
Because you are dividing the dining chairs by the number of workers... That would give you the total amount of chairs that each worker assembled. Then you divide that by the 5 days and you would get the number of chairs that each worker assembled each day.

So, the answer would be C

7 0

3 years ago

Read 2 more answers

How are resources allocated in a traditional economy?

mote1985 [20]

Traditional morals the system of production of material wealth

4 0

2 years ago

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A differentiation strategy is based on creating a product that customers perceive as being: a. cheaper, but inferior to the avai

inna [77]

Answer:

c. superior to other available products.

Explanation:

When using the differentiation strategy, a business aims to distinguish itself from the competition by offering a product or service that is perceived as unique or better when compared to what is currently available on the market. Therefore, the alternative that best fits this description is alternative c. superior to other available products.

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3 years ago

Sandhill uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (

miskamm [114]

Answer:

$567,056

Explanation:

Cost :

Merchanidize available for sale

= Beginning inventory + Purchases + Freight in

= $386,000 + $1,975,000 + $125,000

= $2,486,000

Retails:

Merchandize available for sale:

= Beginning inventory + Purchases + Markups

= $590,000 + $3,220,000 + $68,000

= $3,878,000

Ending inventory at retail = Retail total -markdowns - Net sales

= $3,878,000 - $104,000 - $2,920,000

= $854,000

Cost to retail ratio = $2,486,000 ÷ ($2,920,000 + $854,000)

= $2,486,000 ÷ $3,744,000

= 66.40%

Ending inventory at retail = $854,000

And

Cost to retail ratio = 66.40%

Therefore,

Ending inventory at cost = $854,000 × 66.40% = $567,056

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2 years ago

After a large hotel chain discovered that their computer systems had been hacked and customer credit card information had been a

Gnesinka [82]

The hotel's quick action in response to a serious situation was likely due to CYBER SECURITY BREACH. It is a threat not only to the customers but to the hotel business as well because with this breach, customers will find it hard to trust said hotel again.

Because confidential data like credit card information were stolen, they need to immediately inform their customers to ensure that the customers will take the necessary steps in protecting themselves from having their identity stolen and from having their credit cards used in purchasing items they are not aware off.

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3 years ago