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Shtirlitz [24]
3 years ago
5

A sporting goods store purchased $7,000 of ski boots in October. The store had $3,000 of ski boots in inventory at the beginning

of October, and it expects to have $2,000 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October?
A. $5,000
B. $6,000
C. $8,000
D. $10,000
Business
1 answer:
Harlamova29_29 [7]3 years ago
8 0

Answer:

C) $8,000

Explanation:

The budgeted cost of goods sold should include all the estimated or budgeted expenses that the sporting goods company incurs when purchasing their merchandise. In this case, it must include the cost of the beginning inventory + monthly purchases - cost of ending inventory = $3,000 + $7,000 - $2,000 = $8,000. The COGS also shows their expected sales.

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Real-world economies get hit with lots of shocks to aggregate demand and real shocks. Categorize each scenario as an aggregate d
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Answer:

a)  Decrease LRAS

b)  Decrease LRAS  

c)  Increase AD

d)   Increase AD  

Explanation:

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7 0
3 years ago
Which of the following statements is true?a. The higher the maturity risk premium, the higher the probability that the yield cur
tia_tia [17]

Answer:

b. The most likely explanation for an inverted yield curve is that investors expect inflation to decrease

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8 0
3 years ago
1+1<br><br> \ROAST BACK TIMES GOOOOOO GOOOOOOO GOOOOOOO
Anna71 [15]
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7 0
3 years ago
Read 2 more answers
A company incurs costs of $38 per unit ($27 variable and $11 fixed) to make a product that normally sells for $56. A wholesaler
Vladimir79 [104]

Answer:

It should accept the special order at the price of $36 as the total marginal cost will be $28.5 (27 variable cost + 1.15 shipping cost).

Explanation:

Special orders are accepted only if marginal revenue increases the marginal cost. Marginal cost is the total cost incurred to fulfill any order.

In the given scenario, since the Company already has adequate capacity and it will not incur any additional fixed cost, therefore the order can be accepted by taking variable cost in to consideration.

Marginal Revenue               36

Less: Marginal Cost

Variable Cost                      (27)

Shipping Cost                   <u> (1.15)</u>

Total Profit from Order   <u> 7.85</u>

4 0
3 years ago
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