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3 years ago

Which of the following types of inventory describes inventory that has been purchased but not processed?

Business

1 answer:

PtichkaEL [24]3 years ago

3 0

Answer:

A. raw material inventory

Explanation:

Inventory materials are basically of 3 types namely; Raw materials, semi-finished goods and finished goods.

Raw materials are inventory materials yet to be processed. It is usually referred to as material cost.

Inventory items that have been processed but yet to be finished are called semi finished goods. Such items are also called work-in-process inventory.

Finished goods are inventory items ready to be sold.

Based on the above statements, the right option is A. raw material inventory.

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<h3>What do you men by the project network?</h3>

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1 year ago

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3 years ago

When an employee evaluates his or her manager low on all performance criteria due to dissatisfaction with the manager's disposit

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Dubai Corporation is looking to purchase a building costing $830,000 by paying $265,000 cash on the purchase date, and agreeing

neonofarm [45]

Answer:

Each payment is closest to $41,573.69.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the balance to pay for the building = $830,000 - $265,000 = $565,000

P =Quarterly payment or payment after every three months = ?

r = Quarterly interest rate = Incremental borrowing rate / Number of quarters in a year = 16% / 4 = = 4%. or 0.04

n = number of quarters = Number of years * Number of quarters in a year = 5 * 4 = 20

Substitute the values into equation (1) and solve for P, we have:

$565,000 = P * ((1 - (1 / (1 + 0.04))^20) / 0.04)

$565,000 = P * 13.5903263449677

P = $565,000 / 13.5903263449677

P = $41,573.69

Therefore, each payment is closest to $41,573.69.

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3 years ago

Which of the following types of inventory describes inventory that has been purchased but not​ processed?

Which of the following types of inventory describes inventory that has been purchased but not processed?