Answer:
a. Gross Profit = $200 and Ending Inventory = $280
b. Gross Profit = $160 and Ending Inventory = $220
c. Gross Profit = $180 and Ending Inventory = $240
Explanation:
<u>FIFO</u>
FIFO method assumes that the first goods received by the business will be the first ones to be delivered to the final customer.
<u>Gross Profit</u>
Sales ( 1 × $300) $300
Less Cost of Sales ( 1 × $100) ($100)
Gross Profit $200
Inventory = Units left × earliest price
= 2 × $140
= $280
<u>LIFO</u>
LIFO method assumes that the last goods purchased are the first ones to be issued to the final customer.
<u>Gross Profit</u>
Sales ( 1 × $300) $300
Less Cost of Sales ( 1 × $140) ($140)
Gross Profit $160
Inventory : (1 × $100 + 1 × $120) = $220
<u>Weighted Average Cost (AVCO)</u>
The average cost of goods held is recalculated each time a new delivery of goods is received . Issues are then priced at this weighted average cost.
<u>Gross Profit</u>
Sales ( 1 × $300) $300
Less Cost of Sales ( 1 × $120) ($120)
Gross Profit $180
Inventory = Units left × average price
= 2 × $120
= $240
Between the 1920s and the 1950s, businesses had a strong SALES orientation. This happened because, production caught up with and exceed demand and producers now have to direct their efforts toward marketing their products. The sales orientation was characterized by increased advertising, increased sales forces and high pressure selling methods.
The answer is D Credit analysis
Answer:
a. McGregor's Theory Y.
Explanation:
McGregor developed a a theory of motivation in the workplace.
Theory X is an authoritarian management battle where employees have little creativity and expect to be told what to do.
Theory Y is more participative. Employees take responsibility for their deliverables in an environment that encourages motivation.
Employee creativity is encouraged under theory Y.
In the given scenario the employees were praised generously. If this motivated them to produce 50% more Panama's, then we are experiencing McGregor's theory Y.
Answer: Employee tasks
Explanation: The human resource branch of management focuses on providing better facilities to human capital of the organisation so that better results could be taken out from them.
Motivation theories are conditions that makes employees work harder for better results in their job.
Thus,human resource management tries to make tasks to be performed by employees feasible so that they will give their full potential to it.