Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory of $20,000
The cost of goods manufactured during the month was $120,000
Ending finished goods inventory was $50,000
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 20,000 + 120,000 - 50,000= $90,000
Answer:
B
Explanation:
The sources of quantitative standards include historical experience, engineering studies, and input from operating personnel.
Answer:
The correct answer is no immediate effect..
Explanation:
The impact of the minimum price on the functioning of the market will depend on whether said price is below or above the equilibrium price (the price at which the market would freely tend if there were no public intervention).
If the minimum price is below the equilibrium price it has no impact since the market will naturally be above said minimum price.
On the other hand, if the minimum price is higher than the equilibrium price, this ceiling will prevent the market from reaching its equilibrium point. The price will be at said minimum level where the quantity supplied will be greater than the quantity demanded, which will cause an excess supply that will remain unsold.
If the maximum price is above the equilibrium price it will not have any impact since the market will naturally tend to be below this maximum limit.
If, on the contrary, the maximum price is lower than the equilibrium price, then this limit will prevent the market from reaching equilibrium. The price will be at the maximum limit where the quantity supplied will be less than the quantity demanded. This will cause excess demand, so part of it will remain unmet.
Answer: True
Explanation:
He is planning to use the retained earnings that are the result of the net profit plus the accumulated of the previous year, this with the purpose of not paying interest for the financing of his investment, another way of making an investment and not generating interest is that they are obtained a new financing of capital by the shareholders, which will be capitalized to equity and will not require the payment of interest only from dividends according to the parties but definitely, the only way that an interest or a portion to be paid by part is not generated of investment is what.
Answer:
$760
Explanation:
The computation of the relevant cost is shown below:
= Discounted price per kilogram × number of kilograms - delivery cost
= $6.75 × 120 kilograms - $50
= $810 - $50
= $760
The delivery cost is already involved in the total cost. So, we have to deduct it to find out accurate relevant cost
. The other information which is given is not relevant. So, we ignored it
