Most manufacturers today shy away from using global sourcing owing to the growing concerns over issues related to quality.

The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Quebec, Inc. for an

STatiana [176]

Answer:

Quebec, Inc.

Assuming Quebec, Inc. uses FIFO periodic inventory procedures, the ending inventory cost is:

= $2,220.

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost Units Sold

Beginning Inventory 32 $54 $1,728

Sale No. 1 10

Purchase No. 1 28 60 1,680

Sale No. 2 32

Purchase No. 2 20 57 1,140

Totals 80 $4,548 42

Ending Inventory using FIFO periodic inventory system:

Units of ending inventory = 38 (80 - 42)

Units are from: Units Unit Cost Total Cost

Purchase No. 1 18 60 $1,080

Purchase No. 2 20 57 1,140

Ending Inventory 38 $2,220

7 0

3 years ago

What is the fourth leading cause of death among construction workers

Natalija [7]

Falling objects are surprisingly, you would think its number one but it has lower rates

8 0

3 years ago

Read 2 more answers

A decrease in the supply of a good can be expected to cause ____ in the equilibrium price of the good and ____ in the equilibriu

JulsSmile [24]

Answer:

Increase, Decrease

Explanation:

A decrease in the supply results in many buyers competing for very few goods. If the demand is constant, the quantity supplied and price have an indirect relationship. A decrease in the volume of supplied results in an increase in price. Many buyers will be competing for a few products causing the equilibrium price to increase.

A decrease in supply will cause the quantity available for buyers to buy to decline. Consequently, the volume purchased will be fewer. Equilibrium quantity will, therefore, decrease.

4 0

3 years ago

Intangible assets that are currently reported on the balance sheet include: A. organizational culture. B. the cost of a patent

dimaraw [331]

Answer:

B. the cost of a patent giving exclusive rights to a process

Explanation:

Intangible assets are simply assets that cannot be touched physically. Unlike tangible assets, intangible assets are pretty much or rather relatively more difficult to estimate or evaluate. It may include patents, trade name, brand name, copyrights and so on. Intangible assets recorded on balance sheet include cost of patents giving exclusive rights to a process.

3 0

4 years ago

Read 2 more answers

A useful guideline in designing policies and operating procedures that facilitate good strategy execution is ________.

fgiga [73]

Answer: To prescribe enough policies to give organizational members clear direction and to place desirable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.

Explanation:

A useful guideline in designing strategy-facilitating policies and operating procedures is: to prescribe enough policies to give organizational members clear direction in implementing strategy and to place reasonable boundaries on their actions, then empower them to act within these boundaries however they think makes sense.

4 0

4 years ago