1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
3 years ago
9

Coastal Shores Inc. (CSI) was completely destroyed by Hurricane Fred on August 5, 2021. At January 1, CSI reported an inventory

of $153,000. Sales from January 1, 2021, to August 5, 2021, totaled $432,000 and purchases totaled $175,500 during that time. CSI consistently marks up its products 60% over cost to arrive at a selling price. The estimated inventory loss due to Hurricane Fred would be:
Business
1 answer:
zysi [14]3 years ago
6 0

Answer:

58,500

Explanation:

Given the information above, the formula for Inventory loss is

Inventory loss = Opening inventory + Purchases - Cost of sales

Where,

Cost of sales = $432,000 × 100 ÷ 160

=$270,000

Since opening inventory = $153,000

Purchases = $175,500

Therefore,

Inventory loss = $153,000 + $175,500 - $270,000

= $58,500

You might be interested in
If a manufacturing plant that employs 20% of the local labor force closes, the likely effect on the area’s real estate values
love history [14]

Answer:

Supply and demand

Explanation:

First is important to remember the supply and demand principle. We can analyze this by the law of supply and demand.

The law of supply states that "the quantity of a good supplied rises as the market price rises, and falls as the price falls".

Conversely, the law of demand says that "the quantity of a good demanded falls as the price rises, and the quantity of a good increase as the price decrease".

For this case if the manufacturing plant close 20% of the people in the area will not have a job and the prices of the real state values will tend to decrease and if the prices decrease the quantity falls from the supply law.

 

6 0
3 years ago
Mars inc., a manufacturer of cat food in texas, places an ad in a publication aimed at veterinarians. the ad explains why they s
ioda
The correct option from the given options is "<span>a promotional push strategy".

In the above situation, Mars Inc. utilized a promotional push strategy. Projects intended to influence the exchange to stock, merchandise, and advance a maker's items are a piece of a limited time push procedure. The objective of this technique is to push the item through the channels of appropriation by forcefully offering and elevating the thing to the affiliates, or exchange.
</span>
7 0
3 years ago
PA8.
notka56 [123]

Answer:

750

Explanation:

The number of units in finishing department at the end of the month shall be calculated as follows:

Number of units transferred=Starting wip inventory+units received from molding department-number of units at the end of month.

Number of units at the end of month=Starting wip inventory-number of units transferred+units received from molding department

Number of units at the end of month=700-2,150+2,200

                                                             =750

6 0
3 years ago
Which theorist argues that members of a class are grouped by their value in the commercial marketplace?
Trava [24]
The theorist that is referred above is MAX WEBER. He is the theorist who asserts that class members should be grouped according to their value in the marketplace. Max Weber is a well-known German sociologist, and a prominent figure in sociology. 
4 0
3 years ago
Training programs which incorporate a variety of delivery modes and techniques tend to be particularly effective because trainee
liq [111]

Answer:

The correct answer is letter "B": learner characteristics.

Explanation:

In psychology, there are three main learner's characteristics considered: personal characteristics (<em>demographic information from the learners such as age, gender, language or social-economic status</em>), academic characteristics (<em>type of education and qualifications</em>), and cognitive characteristics (<em>level of intellectual skills and type of operational memory</em>).

<em>These characteristics must be considered by trainers at the moment of creating their programs since they must include a variety of learning approaches suitable for each type of learner in an attempt to ensure they will understand the information the trainer wants to transmit.</em>

8 0
3 years ago
Other questions:
  • Who moved from rural villages into towns, where they specialized in a particular trade and produced superior quality products?
    9·2 answers
  • How can international trade agreements lead to economic growth
    7·1 answer
  • In 2011, harris optical lost $450,000 in missing merchandise. as a result, it developed a plan in which employees in 2012 would
    14·1 answer
  • Manfred Mining Company is required to restore a piece of land to its original condition after it completes extraction of preciou
    13·1 answer
  • Mr. Draper is the hiring manager of a large corporation. He has been asked to recruit two new sales executives for the firm spec
    7·1 answer
  • In service learning, you __________. Group of answer choices go through short-term, on-the-job training for pay or academic cred
    13·1 answer
  • Inventory by Three Methods The units of an item available for sale during the year were as follows:
    15·1 answer
  • Robin Hood's statement of cash flows contained the following: Cash flows from operating activities in the amount of $29,400 Cash
    8·1 answer
  • Levered, Inc., and Unlevered, Inc., are identical in every way except their capital structures. Each company expects to earn $18
    10·1 answer
  • An investment adviser would be considered to have custody of client funds if it:___.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!