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Lorico [155]
3 years ago
15

Under a perpetual inventory system, a.a physical count is required to determine cost of merchandise on hand b.the purchases retu

rns and allowances account is credited when goods are returned to vendors c.increases in inventory resulting from purchases are debited to Purchases d.accounting records continuously disclose the amount of inventory
Business
1 answer:
agasfer [191]3 years ago
4 0

Answer:

d.accounting records continuously disclose the amount of inventory

Explanation:

Under the perpetual inventory system, an entity continually updates its inventory records to account for additions to and subtractions from inventory for such activities as:

Received inventory items

Goods sold from stock

Items moved from one location to another

Items picked from inventory for use in the production process

Items scrapped

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Sony introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's
iris [78.8K]

Answer: $651,000

Explanation:

From the above question, Apple's iPod carries a two-year warranty against manufacturer's defects.

warranty costs are expected to be approximately 3% of sales.

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3 years ago
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Readme [11.4K]

Answer: -0.5

Explanation:

Based on the information given, the price elasticity of demand will be calculated as follows:

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where,

dQ/dP = -1

P = 100

Q = 200 – P + 25 U – 50 P beer

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Q = 200

Therefore, dQ/dP × P/Q

= -1 × (100/200)

= -1 × 1/2

= -1 × 0.5

= -0.5

The price elasticity of demand is -0.5.

4 0
3 years ago
Regina spends three hours each day working as an online customer service representative for a retailer. She can choose her own h
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Home-based work

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