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GuDViN [60]
3 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:
eduard3 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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International Data Systems' information on revenue and costs is relevant only up to a sales volume of 115,000 units. After 115,0
e-lub [12.9K]

Answer:

$855,000

Explanation:

The computation of the operating income is shown below:

Operating income at 115,000 units is

= (Selling price per unit - variable cost per unit) × sales volume - fixed cost

= ($16 - $8) × 115,000 - 65,000

= $855,000

Hence, the operating income at 115,000 units is $855,000

All other things are irrelevant. Hence, ignored it

3 0
3 years ago
Bramble Corp. sells MP3 players for $60 each. Variable costs are $30 per unit, and fixed costs total $120000. How many MP3 playe
VMariaS [17]

Answer:

Break-even point in units=  14,000 units

Explanation:

Giving the following information:

Selling price= $60

Variable costs are $30 per unit

Fixed costs total $120,000.

Desired profit= $300,000

<u>To calculate the number of units to be sold, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit)/ contribution margin per unit

Break-even point in units= (120,000 + 300,000) / 30

Break-even point in units=  14,000 units

3 0
3 years ago
Think of the products you use on a daily basis and think of the types of utility. What is a product that you use on a daily basi
natima [27]

Answer:

My Phone

Explanation:

Flaw: Its picture quality isn't that good and it doesn't have a 4G

Solution: its manufacturers should improve more on production of new phones that will have 4G and a good camera.

Utility added: Possession utility

4 0
3 years ago
Hubble's constant is a "constant" in that its value __________. view available hint(s) hubble's constant is a "constant" in that
prisoha [69]
<span>Hubble's constant is a "constant" in that its value </span><span>is the same across all of space and does not change on human time scales</span>. When talking about Hubble's constant it is talking about the relationship of the age of the universe and how relationships change over time as expansion happens. To keep up with the changing times, the world and evolves around the constant. 
4 0
3 years ago
Three corners markets paid an annual dividend of $1.37 a share last month. today, the company announced that future dividends wi
nikklg [1K]
Given 
   $1.37 = share month
   2.8 % increase 
   11.6 % returned
Find how much pay to purchase one share of this stock 

$1.37 x 0.028 = 0.03836
$1.37+0.03836 = 1.40836
$<span>1.40836 x .116 = 0.16336976
$</span>1.40836+<span>0.16336976 = $1.57 

The answer is $1.57 to purchase one share of this stock today.</span>
6 0
3 years ago
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