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ExtremeBDS [4]
3 years ago
3

The inventory records for Radford Co. reflected the following:

Business
1 answer:
maks197457 [2]3 years ago
4 0

Answer:

The correct answer is option C. $4.008.

Explanation:

The amount of gross margin is calculated by the formula Gross Margin = Quantity sold * (sale price per unit - weight-average cost per unit). In order to get the weight-average cost per unit, you need to create a table where the weight-average cost is calculated after each purchase operation as follows: (Quantity purchased / total inventory)*purchased price+[1-(Quantity purchased / total inventory)]*inventory cost per unit. Bear in mind that the cost will change with every purchase. In this exercise you have 3 purchase operations, so you will have to calculate 3 different weight-average costs. The relevant average cost is the last one because it is the value to be used in the first formula stated.

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How does the biosphere rely on the other spheres for survival
Anna007 [38]
The biosphere is made up of living things, so the atmosphere gives it air to breathe, the hydrosphere provides water. Hope that helps somewhat
6 0
3 years ago
MedPlus Incorporated, based in the United States, hesitates to enter into a joint venture with Azpak Limited, a Sri Lankan compa
Grace [21]

Answer:

Legal Risk

Explanation:

Legal risk are damage, financial, reputational losses or any other form of loss received by a business due to negligence in compliance with the law related to the business. They are prospective fines or loses that a business or an organization receives for not complying with the business law and regulations.

In this case, the prospective loss could come by associating with Azpak limited which have inadequate protection of intellectual property rights.

3 0
3 years ago
Read 2 more answers
Which type of control takes place while an activity is in progress so problems can be corrected before they get out of hand?.
wlad13 [49]

Concurrent control takes place while an activity is in progress so problems can be corrected before they get out of hand.

Concurrent control is the method of observing and modifying ongoing operations and procedures. While not always proactive, these controls can stop issues from getting worse. Because it works with the present, concurrent control is frequently referred to as real-time control. Concurrent control can be demonstrated by changing the water's temperature while taking a bath.

Concurrent controls entail spotting and stopping issues as they emerge in an organization. This implies that systems are continuously monitored. Concurrent controls start with standards, against which all employee behavior is evaluated. These frequently include criteria for quality control. This implies that goods and services can be examined as they are created or rendered to guarantee that only the best goods or services are created or rendered. Concurrent controls are significant since they take place instantly.This emphasizes continuous procedures or things that an organization may alter immediately to ensure that the goals can be achieved.

To read about quality control see:

brainly.com/question/14167114

#SPJ4

5 0
2 years ago
A "balanced scorecard" for measuring company performance:______.
Vsevolod [243]

Answer:

Option E - entails putting equal emphasis on financial and profit objectives.

Explanation:

A "balanced scorecard" for measuring company performance entails setting both financial and strategic objectives and putting balanced emphasis on their achievement.

Therefore, option E is the right answer which is "entails putting equal emphasis on financial and profit objectives"

5 0
3 years ago
Your firm has the opportunity to buy a perpetual motion machine to use in your business. The machine costs $1,000,000 and will i
sasho [114]

Answer:

7.5%

Explanation:

A forever series formula for the interest rate is  i = A / PV

Annual benefits = $75,000

Present value = $1,000,000

Thus, i = $75,000 / $1,000,000

i = 0.075

i = 7.5%

Therefore, the internal rate of return is 7.5%

8 0
3 years ago
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