Answer:
$38,400
Explanation:
<em>1. Cash Purchases:</em>
The total purchases in the month of March is of $35,000.
It is given that 70% of Purchases are for cash.
Hence, 70% of $35,000 would be;
$39,000 x 0.70
$27,300
<em>2. Credit Purchases:
</em>
Remaining Balance of Purchases from the month of February:
For the month of February Cash Purchases can be calculated as follows;
$37,000 x 0.70
$25,900
Remaining Balance to be paid in March for the month of February can be calculated as follows;
$37,000 - $25,900
$11,100
<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>
Cash Purchases = $27,300
Credit Purchases = $11,100
Hence;
<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases
</em>
Cash Payment for purchases in March = $27,300 + $11,100
Cash Payment for purchases in March = $38,400
While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.
FYI, while this used to be true the United States has recently removed the requirement known as the "individual mandate" for people to have health insurance or face a penalty.
True, an ethics officers' role is to act as a counsellor for employees as well as an investigator for the firm.
The Ethics Officer is the company's inner or internal control point for ethical and improper conduct, allegations, objections, and improprieties, as well as providing leadership and guidance on corporate governance problems.
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Answer:
a 1) FIFO
Closing Inventory = $1,760
Cost of Goods sold = $11,264
2) LIFO
Closing Inventory = $1,056
Cost of Goods sold = $11,968
b) FIFO gives the higher ending inventory than LIFO because the oldest items and lowest costs are allocated to the cost of goods sold.
c) LIFO results in higher cost of Goods sold because latest cost are allocated to the cost of goods sold and latest cost may include price increases.
Explanation:
FIFO
Closing inventory = 176 units * $10= $1760
Cost goods sold = 352 units + 704+528 -176 =1,408 units sold
from opening $2,112
12 June = $5632
23 June = ( 528-176) =352 units * 10 =3,520
total sold = $11,264
LIFO
Closing inventory = 176 units * 6 = $1,056
Cost goods sold = 352 units + 704+528 -176 =1,408 units sold
23 June = $5,280
12 June = $5,632
1 June = (352-176) = 176 *6 = $1,056
Total = $11,968
I believe the answer is: Monitor communications between them and facilitate direct collaboration
In this case, Facilitating direct collaboration is usually being done by providing a clear and direct method of communication between product owner and the development team, so the development team could directly ask for opinion for every differentiation that they made in the product.