Answer:
COGS= $5,910
Explanation:
Giving the following information:
Beginning inventory= 90 units at $19
Purchases 315 units at $20
Purchases 45 units at $22
Ending inventory= 150 units
First, we need to determine the number of units sold:
Units sold= 450 - 150= 300 units
Under the FIFO (first-in, first-out) method, the cost of goods sold is calculated using the cost of the first units incorporated:
COGS= 90*19 + 210*20= $5,910
Answer:
The correct answer is D
Explanation:
OSHA stands for Occupational Safety and Health Act, which is passed in order to encourage the safer workplace conditions in the U.S. They set the standards as well as perform the inspections at the job sites.
OSHA made mandatary the first aid kits to be available in the business who are employing more than 3 years people. So, this newly formed company was successful in developing the kits, this is example of the government regulations as a source for the ideas of the new products.
Answer:
Explanation:
Given
Probability of a person to not enter into a bar or ducking is 
Probability of a person to enter into a bar
(Probability of a person to not enter into a bar or ducking)
Substituting the given value, we get
Probability of a person to enter into a bar
Total three men attempts to enter into the bar and their course of action is independent of each others
Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities
Answer:
True
Explanation:
While a sole proprietor is expected to report his business income or loss on his personal tax form as the business is not considered for separate tax , a c corporation shareholders are taxed based on the dividends received from the business profit and the entire profit taxed for the corporation tax.
As no profit was distributed to the owners , there was no personal tax basis for Lucy but only the corporation tax that will be charged on the business net profit.This could have been a tax avoidance method adopted by Lucy to reduce his tax liabilities as a sole share holder.
Answer:
b. increases ; 2.5
Explanation:
MPC stands for Marginal Propensity to Consume. In economics, the MPC may be defined as the metric that quantifies the induced consumption. It is the concept that determines that the increase in the spending of personal consumer occurs with increase in the disposable income.
It is estimated that as the MPC increases, the spending multiplier also increases. MCP is the ratio of consumption function to the disposal income change. When the MCp is 0.6, then the multiplier becomes 2.5 if there is no imports and taxes involved.
