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True [87]
4 years ago
11

Tree Seedlings has the following current-year purchases and sales for its only product. The company uses a periodic inventory sy

stem. a. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. b. Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. c. Compute the gross margin for each method.

Business
1 answer:
sergij07 [2.7K]4 years ago
8 0

This question is incomplete. The complete question, answer & explanation for this question is given in the attachment below.

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Scott consumes only two goods, rice and soup. His preferences are complete, transitive, monotonic and convex. When the price of
BaLLatris [955]

Answer:E(none of the above)

Explanation:

3 0
4 years ago
"Some business and political leaders argue that offshoring is dangerous because it can move jobs from developed countries to les
vladimir2022 [97]

Answer and Explanation:

Arguments for U.S. Company offshoring:

1. Cost savings:

Companies usually offshore manufacturing or services to developing countries where wages are low, thus resulting in cost savings. These savings are passed on to the customers, shareholders and managers of these companies.

2. Skills:

The competitive advantage of nations often means that some countries or regions develop a much better ecosystem for certain types of industries. This means there is better availability of skilled human resources in that region for specific types of tasks. For example, India and the Philippines have a large pool of English-speaking, college educated youth; as well as a mature training infrastructure; that makes it ideal for business process outsourcing. Therefore, many companies choose to offshore certain business functions (e.g. call centers for customer support) to these locations.

Arguments for U.S. Company offshoring:

1. Quality Control:

While companies can set quality standards for work performed by foreign employees, language and cultural barriers, as well as overseas supply chains, can present barriers to quality control. Products made overseas can be flawed because of out-of-date or worn equipment in overseas factories, or substandard raw materials. In 2000, for example, Masterlock had to recall more than 750,000 locks made in China. Worn dies at the Chinese factory produced locks that could be pulled apart without a key.

2. Public Image:

In times of high unemployment in the United States, sending jobs out of the country can hurt a company’s public image. Fewer regulations in other countries can make it less expensive for American factories to operate, but environmental damage and labor abuses that make the news can tarnish the image of companies involved there. Consumers have organized boycotts against companies that use child labor or sweatshops to produce clothing and shoes. In response, companies such as Nike, Dell and Gap have established codes of conduct for their suppliers.

8 0
3 years ago
A new company with a balance of zero in their cash account had the following cash transaction in its first month: obtained a ban
stealth61 [152]

Answer:

The balance in the cash account at the end of the month will be $401.000

Explanation:

$0

+$ 344,000 bank loan

+$112,000 stock issued to stakeholders

-$54,000 purchase of inventory

+$25,000 sell

-$26,000 payment of dividends

-------------

$401,000 balance at the end of the month

see attached file for T-account

Download xlsx
7 0
3 years ago
A company assigns overhead cost to completed jobs on the basis of 113% of direct labor cost.the job cost sheet for job 313 shows
Zielflug [23.3K]

A) total manufacturing cost
10,500×(113÷100)=11,865

B) total manufacturing cost
27,235+10,500+11,865=49,600
the unit product cost for job 313
49,600÷1,600=31

Hope it helps!

4 0
3 years ago
What is Mary’s relationship to the heavenly beings standing above her (God the Father on the right; the dove, symbolizing the Ho
Rus_ich [418]

Answer:

In the painting of the coronation of Mary, Mary is being crowned by Jesus and God.

Explanation:

In the painting, "The Coronation of the Virgin", Mary, is being crowned by Jesus, the Son and God, the Father. The relationship that Mary had with Jesus, the Son was that she gave birth to Him. Mary was the mother of Jesus and a worshiper of God, the Father. The Holy Spirit is the part of the Trinity.

According to the scriptures of the Bible, Mary conceived Jesus, the Son of God through the Holy Spirit and gave birth to Jesus, the savior of the world.

The significance of the crown is that she is being crowned for being a faithful servant to God by obeying God. The outstretched arms represents that she is welcoming the family.

5 0
3 years ago
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