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lions [1.4K]
3 years ago
14

Inventories refer to A. goods that are a result of new inventions. B. goods that have been produced but have not yet been sold.

C. outstanding orders that companies have for future production. D. goods that are kept in storage to be shipped to foreign countries. Usually at the beginning of a​ recession, inventories ▼ rise fall remain unchanged ​, but at the beginning of an​ expansion, inventories ▼ rise remain unchanged fall .
Business
1 answer:
olga nikolaevna [1]3 years ago
8 0

Answer:

B, rise , fall

Explanation:

Inventories refer to goods that have been produced but are yet to be sold. They are the stock of the companies in store. They generally represent the particular amount of products a company has produced but has not been pulled out for sales.

Generally, recession refers to a decline in a country’s economy primarily due to inflationary operators in place. Thus at these times, there is a general rise in the price of goods and services. The inventory of a company is expected to rise in price at these particular periods of time.

While during expansion, it is expected that the inventories are expected to fall in price

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Budgets are normally more effective when all levels of management are involved in the budgeting process. True or False
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The given statement is "True".

Explanation:

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Bellucci Corporation has provided the following information: Cost per UnitCost per Period Direct materials$6.70 Direct labor$3.5
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The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40

Explanation:

It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units

From Production of 10500 units to 10501 units, there is an increment of 1 unit.

<u>Lets find the incremental cost of 1 unit.</u>

1.To do this we only consider variable manufacturing costs only.

2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.

3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.

                                                         Extra 1 Unit

Direct materials                                    $6.70

Direct labor                                           $3.50

Variable manufacturing overhead     $1.20

Total Cost                                             $11.40

4 0
3 years ago
The Gable Inn is an all-equity firm with 16,000 shares outstanding at a value per share of $14.50. The firm is issuing $50,000 o
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12,552 shares

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Data provided:

Initial outstanding shares of the firm = 16,000 shares

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on substituting the respective values, we have

the number of shares used for issuing for $50,000 debt

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Now,

The shares of stock that are outstanding once the debt is issued =

= Initial outstanding shares -  shares used for issuing for $50,000 debt

= 16,000 - 3448

= 12,552 shares

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3 years ago
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