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navik [9.2K]
3 years ago
12

The following information has been provided by New​ Age, Inc.:

Business
1 answer:
N76 [4]3 years ago
7 0

Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured

where,  

Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead  cost

= $10,000 + $25,800 + $19,200

= $55,000

So, the opening work in process inventory would be

$11,200 = Opening work in process + $55,000 - $48,750

So, the opening work in process is

= $4,950

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Answer:

Option E (Compromising) would be the correct choice.

Explanation:

  • A conflict mediation method of consensus attempts to discover a reason to reasonably pleasing parties and from both sides of the debate.
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5 0
3 years ago
The income received by a country's people from all sources in a given time period
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The correct answer is personal income.

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3 years ago
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Scilla [17]

Answer a. Estimate a population proportion.

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4 0
3 years ago
On August 1, our company purchases $1,000 worth of merchandise inventory on credit with the terms 2/10, n/30. What is the amount
vampirchik [111]

Answer:

a) $1,000

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Early Settlement Discount

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However, to encourage customers to pay up their outstanding earlier than expected, suppliers do offer early settlement discount as incentives to induce prompt payment.

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Since the payment will be made on August 12, no cash discount will received. Therefore, a payment of gross amount of $1,000 would be credited to the cash account.

7 0
3 years ago
It is ultimately up to the buyer to avoid fraud.
11111nata11111 [884]
That statement is True

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8 0
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