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GuDViN [60]
4 years ago
12

Under a perpetual inventory system, when a shortage is discovered a.Merchandise Inventory is debitedb.Cost of Merchandise Sold i

s creditedc.Inventory Shortages is creditedd.Merchandise Inventory is credited
Business
1 answer:
eduard4 years ago
5 0

Answer: d. Merchandise Inventory is credited

Explanation: merchandise Inventory is a current asset showing the cost of goods on hand and available for sale at any given moment in time and is continuously updated to reflect items on hand under the perpetual inventory system. Under the perpetual inventory system, the Merchandise Inventory account is debited and credited for each purchase and sale respectively. This effectively shows the current balance in the account at all time. However, during shortages, the Merchandise Inventory is credited.

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Which two of the following tasks would most likely be completed by a biomedical engineer? Train hospital staff on how to use new
mojhsa [17]
The two tasks that would most likely to be completed by a biomedical engineer are to train hospital staff on how to use new machinery and design an artificial lung that could be implanted in humans. This is because a biomedical engineer applies engineering concepts and designs to medicine and biology for the benefit of healthcare development.
8 0
4 years ago
Read 2 more answers
Can you answer these questions for the a dark horse in the global smartphone market Huawei’s smartphone strategy.
azamat

Explanation:

<u>1.</u><u> How attractive is the industry? How will it's attractiveness change in the future</u>

Huawei is a Chinese telecommunications company that entered the business of selling smartphones and today is configured as the third largest smartphone manufacturing company in the world, behind only Samsung and Apple. This is an attractive market for the treatment of technological innovations so relevant to an information age that we live in today.

<u />

<u>2.</u><u> What are the sources of Huawei's competitive advantage in the smartphone industry?</u>

The sources of Huawei's competitive advantages come from the special features that its smartphones have, such as technology interaction, fast system, product multifunctionality and chosen as the cell phone with the best camera in the world.

<u />

<u>3</u><u>. How sustainable is their competitive advantage in the smartphone industry? What should they do to sustain its competitive advantage? </u>

Smartphone companies must sustain their competitive advantage through technological product innovations, as consumers increasingly need digital technology to meet their desires and needs with a device that fits in the palm of the hand.

It is important that the industry has a vision of the constant transformation and adaptation that this sector requires.

<u />

<u>4.</u><u> What role does Hauwei's global strategy play in contributing to its competitive advantage in the industry?</u>

The role of Huawei's global strategy in contributing to its competitive advantage in the sector is to supply devices with the highest technology at a competitive price, observing technological changes and anticipating the needs of consumers, offering a quality and innovative product with highest degree of technology available on the market.

5 0
3 years ago
Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours
Leno4ka [110]

Answer:

Unit cost= $347.8

Explanation:

Giving the following information:

The total fixed manufacturing overhead cost of $468,000, variable manufacturing overhead of $2.10 per machine-hour, and 72,000 machine-hours.

Job A496:

Number of units in the job 10

Total machine-hours 80

Direct materials $ 930

Direct labor cost $ 1,860

First, we need to calculate the manufacturing overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (468,000/72,000) + 2.1= $8.6 per machine hour

Now, we can calculate the total cost:

Total cost= direct material + direct labor + manufacturing overhead

Total cost= 930 + 1,860 + (8.6*80)= $3,478

Unit cost= total cost/ number of units= 3,478/10= $347.8

8 0
3 years ago
Name one factor that could increase the supply of saving and one that could increase the demand for saving. Discuss the effects
Readme [11.4K]

Answer:

Factor that increases the supply of saving: High rate of return

Factor that increase the demand for saving: Confidence in return of business in the future, low rate of interest

Explanation:

Interest rates impacts the rate at which borroweres lend money which in turn determines the influx of savers (lenders). For example, if a business owner lacks the funds to raise capital for business (investment), the next route is usually to borrow money. Money is only borrowed when there is confidence in the business as most times, loans are repaid in the future. Also, if the interest rates are low, it's easier to pay back the loan but if the interest rates are high, this could affect the loan payback in due time (especially if the returns on the investment made or the profits made for the business is not enough to pay back the interest). This factor affects the demand for savings.

The demand for saving ultimately affects the supply of savings because with low demand of borrowing and a high supply of savings leads to a low interest rate, and a low interest rates doesn't appeal investors to save more money. This is simply the law of demand that states demand decreases when the rate of return is high.  While the law of supply states that supply increases when the rate of return is high.

The effects of these factors on investment: rate of return changes the flow of influx of investors as one would only want to invest when the compund interest would be high irrespective of the permissible risk involved.

The confidence in an investment  would also affect the rate at which one would demand for savings (loans) towards that investment.

7 0
3 years ago
What sum of money now is equivalent of $8,250 two years later, if the interest is 4% per 6-month period (8% compounded semi-annu
Vitek1552 [10]

Answer:

$7052.13

Explanation:

We can calculate the present value of money equivalent of $8,250 two years later by applying present value formula

DATA

Future value = $8,250

Interest rate = 4%

Number of periods = n = 2 years x 2 times a year = 4 times

Present value =?

Solution

PV = \frac{1}{1+(interest rate)^n} futurevalue

PV = ×\\frac{1}{1+(0.04)^4} 8250

PV = $7052.13

7 0
3 years ago
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