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Bingel [31]
3 years ago
7

Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale c

onsisted of 100 units from beginning inventory and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.)\

Business
1 answer:
vova2212 [387]3 years ago
4 0

Answer:

Gross profit earned by the company for each of the four costing methods = Subtraction of Total cost of goods sold from Total Sales

$48,322 - $30,651 = $17,671

Explanation:

Total sales = (330 x 87.4) + (200 x 97.4) = $48,322

Total cost of goods sold overweighted average method = $30,651

Subtract $48,322 from $30,651 to give $17,671 as the gross profit.

In the attached picture, Your will see average costs calculated and the inventory values for March 5, 9, 25, and 29.

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Explanation:

Given that

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The insurance limits is

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3 years ago
The textile industry in Pakistan is growing over the time due to the modernization, high standards of living and increasing dema
stepladder [879]

Answer:

The correct answer is, Oligopoly.

Explanation:

This is so true that in Pakistan, the textile industry has grown at a much bigger pace in the past recent years. There are many brands that are mentioned in the question that are concerned with the design and production of yarn, cloth and clothing, but they face high competition.

According to the question, Khaadi is the brand in Pakistan which is capturing the most of the market share and profit. According to the characteristics, Khaadi fall under the market structure of Oligopoly. Oligopoly is the market structure in which only few of the firms are dominating in the industry.

So now defining the two characteristics of Khaadi as oligopoly; one is, Khaadi is the dominating brand with the highest market share in the textile industry. Secondly the products of Khaadi are homogeneous but differentiated because of the specialized hand woven products, which other brands hardly practice.

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3 0
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Men and women should each establish a credit history. True or False?
vovikov84 [41]

Answer:

true

Explanation:

3 0
3 years ago
Henry runs moonlight café, a world renowned fast-food restaurant, in his locality. he started the restaurant after getting a lic
svetoff [14.1K]
The answer to this question is <span>franchise
</span><span>franchise refers to a form of business model that give other party the right to use the company's business model.
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A U.S. automobile company sells many of its cars in countries that have lower taxes on corporate profits than the U.S. Why might
stira [4]

Answer:

It will be more profitable to vertically integrate because the company will be able to further reduce its costs.

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Profit = Sales - Cost

The lower the cost, the higher the profit (if sales remains the same).

A Vertical integration strategy requires a company to <u>own or control its suppliers (backward integration) or its distributors or retailers (forward integration)</u>, and therefore, gain more control over its value chain.

<em>If the U.S. automobile company chooses to vertically integrate into the car retailing business in countries where it sells most of its cars, then it would cut out certain costs, such as the cost of contracting with independent car dealers, which would further improve profitability.</em>

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