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spayn [35]
3 years ago
14

At Cost At Retail Inventory, February 1, 2020 $89,550 $99,500 Markdowns 35,000 Markups 63,500 Markdown cancellations 20,500 Mark

up cancellations 9,300 Purchases 223,500 293,000 Sales revenue 330,000 Purchases returns and allowances 4,700 6,200 Sales returns and allowances 9,100 Compute the ending inventory at cost as of January 31, 2021, using the retail method which approximates lower of cost or market.
Business
1 answer:
Taya2010 [7]3 years ago
8 0

Answer:

$73570

Explanation:

See attached file

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Which was not an example of a business ethical dilemma discussed by Albert Carr in his article on business bluffing?
kap26 [50]

Answer:

The correct answer is d. Failure to support climate-change treaties.

Explanation:

An ethical dilemma is a situation in which an apparent operational conflict between two ethical imperatives is presented in such a way that obedience to one of them implies the transgression of the other. In general, it is called an ethical dilemma when an agent (the professional, in this case) has reasons to carry out two actions (or more), each of which favors a different principle, and it is not possible to fulfill them without violating any of they. In this way, the agent is in a situation in which he is condemned to commit a foul: no matter what he does, he will do something "wrong" or will miss an obligation.

8 0
3 years ago
Other names for manufacturing overhead include ______.
JulijaS [17]

Other names for manufacturing overhead include:

a. factory burden

b. indirect manufacturing costs

c. factory overhead

<h3>What is manufacture overhead?</h3>

A company's manufacturing activities include any expenses that are incurred that are not directly related to the cost of direct supplies and labor. Manufacturing overhead is referred to as an indirect cost because of this.

Costs, however, that are incurred outside of the manufacturing facilities are not costs for the products and cannot be inventoried. These expenses, which comprise selling, general, and administrative charges such corporate salaries, audit, and legal fees, are only reported as expenses and are included in the income statement for the accounting period in which they take place.

Learn more about Manufacturing overhead

brainly.com/question/13312583

#SPJ4

6 0
2 years ago
Lopez Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant P
kirill [66]

Answer:

The missing data of this question is reproduced as follows;

Materials Used           128,900

Depreciation on plant 63,400

Property taxes on store  8,280

Labor cost of assembly workers 114,800

Factory supplies used           32,100

Advertising expense          55,800

Property taxes on plant          23,100

Delivery expense                 24,800

Sales commission                    43,600

Salaries paid to sales clerk;     60,400

Explanation:

Cost of Goods Manufactured  

Materials Used           128,900

Depreciation on plant 63,400

Property taxes on plant   23,100

Labor cost of assembly workers 114,800

Factory supplies used           32,100

WIP Beginning                        14,200

Less;WIP closing                     (16,900)

Cost of Goods Manufactured 359,600

Cost of Goods Sold

Opening Finished Goods   63,300

Cost of goods manufactured  359,600

Less; Closing Fininsed goods  (48,200)

Cost of Goods Sold                 374,700

5 0
3 years ago
1. In the case, the court focused on the language of the contract. In the contract, the Desses agreed to fully disclose all info
Reil [10]

Answer:

Yes

Explanation:

The Desses would have had a stronger argument if the contract was silent in this way because it would have been less likely that there was a designated class of third-party beneficiaries under the contract.

Cheers

7 0
3 years ago
Read 2 more answers
Select the correct answer.
PolarNik [594]

Answer:

Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find  

good chefs for her restaurant. Which type of resource is Elena lacking?  

Elena is lacking Labor resource.  

Explanation:  

The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.  

A business usually needs the following type of resources: labor, capital and land.  

As we said previously Labor is the resource related to people.  

Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.  

Capital is the resource related to the money or financial investment needed to cover the initial launching costs.  

7 0
3 years ago
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