Answer: Inventory on after sale = 4 x $560 = $2240
Explanation:
Value of Inventory under Periodic weighted average costing method is calculated at the end of the period by adding all purchases costs and divide the total by number of units. the major draw back of this inventory costing system is that inventory books are only updated once a year.
first purchase: 1 diamond = $500
second purchase: 2 diamonds = $550 x 2 = $1100
third purchase : 2 diamonds = $600 x 2 = $1200
total purchases = 500 + 1100 + 1200 = 2800
Total units = 5
Weighted average cost per unit = total cost/total units = 2800/5 = $560
1 diamond was sold, therefore the are 4 diamonds on hand
Inventory on hand after sale = 4 x $560 = $2240
Answer:
option b is correct
Normal with a mean of $5.25 and a standard error of $0.28
Explanation:
Given data
mean = $5.25
standard deviation SD = $2.80
sample n = 100
to find out
sampling distribution
solution
we will find here first mean error that is
standard error = SD/ √n
put here value n and SD
standard error = 2.80 /√100
standard error = 0.28
and we know here that by central limit theorem that is state that sample distribution of sample mean is approximate normally distribute with Standard error and mean so
mean with normal is 5.25
Hence
option b is correct here
Normal with a mean of $5.25 and a standard error of $0.28
<span>Operational Excellence.
The strategy used by McDonald's matches Terry Hill's 5 step method for attaining operational excellence.</span>
Answer: a. $73,810.88
b. $10,185.18
Explanation:
a. The payments of $11,000 are constant so this can be considered an Annuity.
The cost of the Computer is it's present value which is,
Present Value of Annuity = Annuity Payment * Present Value Interest Factor of Annuity, 11%, 10 periods
= 11,000 * 6.71008 (Payment is made at the end of the year so this is an Ordinary Annuity)
= $73,810.88
b. When an Annuity is instead paid at the beginning of the period it is considered to be an Annuity due.
The formula is the same but for the figures ,
Present Value of Annuity Due = Annuity * Present Value Interest Factor of an Annuity Due, 11% , 10 periods
73,810.88 = Annuity * 7.24689
Annuity = 73,810.88/7.24689
= $10,185.18
Answer:
HR Function refers to areas such as recruitment, selection, recruitment and retention, performance evaluation, promotional preparing, and reimbursement managerial staff.
Explanation:
- Throughout traditional HRM every one of these operations has been associated with capacity building and therefore are constrained even within the HR manager. Those other operations are not focused on an organization’s strategy.
- Traditional HRM is therefore not focused on effective organizational culture, while strategy Implementation focuses on its philosophy.
