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3 years ago

In the single-period inventory model, the overage cost is

Business

1 answer:

Nataly [62]3 years ago

8 0

Answer: Option (C)

Explanation:

Under single-period inventory model,

Overage cost = Cost/unit - Salvage value/unit

Single-period inventory model is referred to as or known as a business situation faced by the organization that tends to order seasonal items. There tends to be the costs which occur to both ordering too little or too much, and thus organization's managers tries to get its order correct for the first time in order to minimize chances of loss.

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One component of pension expense is actual return on plan assets. plan assets include only assets reported on the balance sheet

Yuki888 [10]

The correct answer is: [D]:
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"assets that a company holds to earn a reasonable return, generally at minimum risk."
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4 years ago

Ben White is the manager of a retail store. His work typically includes the routine, day-to-day interactions with customers and,

lubasha [3.4K]

Answer:

Explanation:

because he has to do a little of eveything

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3 years ago

Richard Redden, the sole stockholder, contributed $71,000 in cash and land worth $132,000 in exchange for common stock to open a

Aloiza [94]

Answer: C. Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.

Explanation:

From the question, we are informed that Richard Redden, the sole stockholder, contributed $71,000 in cash and land worth $132,000 in exchange for common stock to open a new business, RR Consulting.

The journal entries will RR Consulting make to record this transaction will be:

Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.

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3 years ago

Read 2 more answers

Bill signs a check payable to the order of City Bank, filling in the blanks for the amount with the figures "$100" and "One thou

nirvana33 [79]

Answer: a. $ 0

Explanation:

The check is only payable if the amount in words and amount in figures matches .In this case since they do not match the check is not payable

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3 years ago

Look at Exercise 19.2. Compute the opportunity costs of producing sweaters and wine in both France and Tunisia. Who has the lowe

monitta

Answer:

Answer Illustration : Opportunity Cost of producing Wine is lesser in France, Opportunity Cost of producing Sweaters is lesser in Tunisia. So, France has comparative advantage in Wine, Tunisia in Sweater.

Explanation:

Opportunity Cost is the cost of next best alternative foregone while choosing an alternative.

Opportunity Cost of producing Sweaters & Wine in France & Tunisia are quantities of other goods (Sweaters or Tunias) sacrifised while choosing either. Sweater Opportunity Cost - Wines sacrifised, Wine Opportunity Cost - Sweaters sacrifised.

The country has a comparative advantage in a good if it can produce it with relatively less opportunity cost (in terms of other good sacrifised) than other country.

Ex : Production Possibilities

Wine Sweater Trade off (Wine :Sweater)

France 10 5 1:0.5 or 2:1

Tunisia 8 24 1:3 or 0.33:1

France produces Wine with lesser opportunity cost (sweater sacrifised) than Tunisia [0.5 sweater < 3 sweaters] ; it has comparative advantage in Wine.
Tunisia produces Sweater with less opportunity cost (wine sacrifised) than France [ 0.33 wine < 2 wines] ; it has comparative advantage in Tunisia

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3 years ago

In the​ single-period inventory​ model, the overage cost is

In the single-period inventory model, the overage cost is