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almond37 [142]
3 years ago
15

Abc company sells 4,530 chairs a year at an average price per chair of $175. the carrying cost per unit is $39.27. the company o

rders 331 chairs at a time and has a fixed order cost of $121.9 per order. the chairs are sold out before they are restocked. what are the total shortage costs?
Business
1 answer:
alina1380 [7]3 years ago
8 0

Answer:

sorry i have no clue im just trying to level up good luck on your test XD

Explanation:

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If the demand for a good rises by more than the supply of the good falls, then the good’s equilibrium price will __________ and
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Answer:

Rises

Rises

Explanation:

If the demand for a good rises more than the fall in supply, both equilibrium price and quantity would increase.

Refer to the attached image for a graphical explanation.

I hope my answer helps you

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This agency is responsible, through its Division of Financial Institutions, for ensuring that each state-chartered financial ins
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<h3>What is the FDIC?</h3>

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It stands fully for Federal Deposit Insurance Corporation. It also helps to protect the customers of the banks.

Read more on the FDIC here:brainly.com/question/814199

4 0
2 years ago
A business using the retail method of inventory costing determines that inventory at retail is $1,235,000. If the ratio of cost
Rina8888 [55]

Answer:

The amount of inventory to be reported on the financial statements is:

$666,900

Explanation:

a) Data and Calculations:

Inventory at retail = $1,235,000

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b) Inventory is usually reported at the cost in the financial statements.  While the business may ascertain its inventory at retail prices, it will still report the inventory at cost prices in the financial statements.  Because of the many drawbacks of the retail method, it is not always used.  For instance, the method does not work if the entity does not have a consistent markup across all products that are sold.

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