Answer:
Best estimate for inventory =$70,764.85
Explanation:
The closing inventory value at retail
= (Opening inventory + Purchases - sales) all in retail prices
= $123,000 + $483,000 - 493,000.
= 113000
Closing inventory value at cost
=113,000 × (64,500 + 315,000)/(123,000 + $483,000)
=70,764.85
Best estimate for inventory =$70,764.85
Answer:
$29,800
Explanation:
Calculation to determine initial cost of the bread machine
INITIAL COST
Purchase Price: $24,500
Freight: $1,450
Installation: $2,900
Testing: $950
Total cost of the bread machine: $29,800
Therefore initial cost of the bread machine is $29,800
Answer:
- $ 138,000
Explanation:
The investment activities includes the transaction done on purchasing the equipment and selling the land.
Thus, for the given question
The list of investment activities:
Purchase of Equipment = - $ 149,000
Proceeds from Sales = $ 130,000
Purchase of Land = - $ 119,000
here, the negative sign depicts the amount is paid
thus, the net cash flow from the investment activities
= - $ 149,000 + $ 130,000 + (- $ 119,000)
or
the net cash flow from the investment activities = - $ 138,000
Answer:
B.
Explanation:
Vertical integration is a merger of companies at different stages of production and/or distribution in the same industry. A strategy that many companies use to gain control over their industry´s value chain. This strategy is one of the major considerations when developing corporate level strategy.
The important question in corporate strategy is, whether the company should participate in one activity (one industry) or many activities (many industries) along the industry value chain.
For example, the company has to decide if it only manufactures its products or would engage in retailing and after sales services as well.
Answer:
(a) unit level activity
(b) Product level activity
(c)Facility level activity
(d) Batch level activity
(e) unit level activity
(f) batch level activity
(g) facility level activity
(h) unit level activity
Explanation:
Unit level activity : It is that type of activity which is deals with only unit of product whether it is a selling unit, variable cost unit , direct material unit, direct labor unit or fixed cost unit.
Batch level activity: It is that type of activity which focuses on batches or bulk goods so that good discount to be provided due to which customers are happy that results in increase in sales.
Product level activity: It is that type of activity which deals in a single product or we can say finished product which is ready to sale.
Facility level activity: It is that type of activity which aims in giving the facilities relating to the product or charges some taxes.
BY going through the meaning of each one of the activity level, we get to know that (a) unit level activity
(b) Product level activity
(c)Facility level activity
(d) Batch level activity
(e) unit level activity
(f) batch level activity
(g) facility level activity
(h) unit level activity
