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scZoUnD [109]
3 years ago
14

Herc Co.'s inventory on December 31, 2005 was $1,500,000, based on a physical count priced at cost, and before any necessary adj

ustment for the following: • Merchandise costing $90,000, shipped FOB shipping point from a vendor on December 30, 2005, was received and recorded on January 5, 2006. • Goods in the shipping area were excluded from inventory although shipment was not made until January 4, 2006. The goods, billed to the customer FOB shipping point on December 30, 2005, had a cost of $120,000. What amount should Herc report as inventory in its December 31, 2005, balance sheet?
Business
1 answer:
denis-greek [22]3 years ago
7 0

Answer:

1,710,000

with 1.5 + .9 +.12

Explanation:

I can't entirely give an explanation for this, but I had this exact question on a recent test and am sure that this is the answer. Maybe someone else could provide with an explanation but I hope this helps you!

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Ben is a member of the electricians' union, which is currently striking against Rawlings Manufacturing. However, Ben does not su
zhannawk [14.2K]

Answer:

60%

Explanation:

The union cannot prohibit Ben from going back to work but they can take disciplinary action against him for doing so. Federal courts have ruled in favor of different unions regarding disciplinary actions and as long as Ben remains a union member he can be fined, but not forced to resign. If Ben wants to avoid paying the fine, he should leave the union before going back to work.

7 0
3 years ago
When a data point on a control chart falls above the upper control limit, the process being measured is exhibiting what type of
NeTakaya

The characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation</u><u>.</u>

<u></u>

<h3>What is a special cause variation?</h3>

In statistics, a special cause variation refers to a shift in output caused by a specific factor like environmental factors, input parameters etc

In conclusion, the characteristic exhibited by the data point on a control chart that falls above the upper control limit is known as a <u>special cause variation
</u>

<u></u>

Read more about special cause variation

<em>brainly.com/question/17333354</em>

3 0
2 years ago
Case Scenario:
Lady_Fox [76]

Explanation:

When the procedure is so standardized and outdated, now is the time for the HR-specalist to rethink the process seriously

  • The present problem is clear that the procedure and the workforce are monotonous alike.
  • In order to ensure that employees do not become homogenized, the organization must actively look out and hire from various backgrounds.
  • Diversify the quest by reaching you where you are. Using professional associations for a number of applicants. Take part in networking groups, student associations and other networks now serving as a platform in the publications and engage in conventions or networking events with different candidates.
  • Ask you to put out the names on the CVs to your recruitment service. Even the name will affect the best management efforts to ensure diversity.
  • Start with the diversity the company is already seeking. Request endorsements from your manager. Different workers are linked to a number of job applicants. Have them involved.-Get everyone involved. Tell you to share your social media posts.
  • The best policy is honesty. Answer me if you want a wider range of job candidates! This is the fastest and easiest way to speak. Just to say it takes the candidates ' guesswork. You know instantly that you respect various cultures, ages, races, etc.

A dynamic, inclusive business would definitely have a competitive advantage. A diverse group has various ideas, because no monotony offers it a snapshot of other people

7 0
4 years ago
Which step in the process of measuring external transactions involves assessing the equality of
uysha [10]

Answer:

B. Preparing a trial balance

Explanation:

A trial balance is not account, it simply represents a list of debits and credits derived from the ledgers. The list is usually generated after transactions have been taken from their source documents, posted to the journals and then transferred to the ledgers.

The trial balance will usually list the total of ledger items posted as debit or credit balances just as they are in the ledgers.

As said earlier, the trial balance is not an account, it is a self-check to ensure that there are no numerical errors in the debit and credit postings in the ledgers.

It simply ensures that the credit balances are equal to the debit balances meaning every debit entry had a corresponding credit entry confirming the use of double entry principle in ledger preparation.

The financial statements are usually prepared after the trial balance has verified the accuracy of debit and credit entries.

6 0
3 years ago
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey would do if the price of his favorite
GaryK [48]

Answer:

A. The definition of a market in determining the price elasticity of demand.

Explanation:

Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.

Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.

Alternatively, consumers would demand for the brand that falls within the limit of their spending.

4 0
3 years ago
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