Answer:
$89,000
Explanation:
The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as
Opening balance + purchases - cost of goods sold = closing balance
The gross profit is the difference between the sales and the cost of goods sold. Given that Coronado's gross profit on sales has remained constant at 30%, the gross profit
= 30% × $3,200,000
= $960,000
Cost of goods sold = $3,200,000 - $960,000
= $2,240,000
$559000 + $ 2264000 - $2240000 = expected closing balance
expected closing balance = $583,000
Given that a physical inventory determined that ending inventory of $494000 was in the warehouse
The estimated cost of missing inventory
= $583,000 - $494,000
= $89,000
Answer:
higher because of fewer labor regulations
Explanation:
- As compared to the labor wages the employment rates in the western Europe are much higher as to the U.S as they lack incentives and have more labor regulations and thus western European nations have about 4.7 % of the 8.1% of the rates n the U.S as of 2017. May be attributed to the shortage of job market.
Answer:
B. each customer's reservation price.
Explanation:
Reservation price is the highest amount a buyer would be willing to pay for a good or service.
I hope my answer helps you
Answer:
The multiple choices missing from the question are:
a. $60,000.
b. $50,000.
c. $57,000.
d. $59,000.
Option D,$59000 is correct
Explanation:
The recorded cost of the equipment is made of purchase cost,the sales tax since it is not recoverable,shipping cost as well as the installation cost.
The recorded cost is computed thus:
Purchase price $50,000
sales tax $4,000
shipping $3,000
installation $2,000
total cost $59,000
The rationale for including shipping and installation costs is that asset cost should include cost of bringing the asset to current location(shipping) and condition(installation)
Based on the question provided above, there are no choices
provided and I have found a similar question that has its choices which are;
-
Use only complex sentences
-
Correct run-on sentences
-
Correct fragments
-
Use only simple sentences
-
Reduce sentence lengths
With the given choices, the correct answers are the
following;
-
Correct run-on sentences – run on sentences
should be corrected in order for the faulty sentences to be improved and revise
as they contain two or more main clause or independent clause in which are
being joined without any word to correct them and by this, it makes the readers
confused.
-
Correct fragments – fragments should be
corrected as these are sentences that are incomplete that makes the content of
an information to lose its value as the information is incomplete.
-
Reduce sentence lengths – it is best to reduce
sentence lengths so that the readers won’t find the reading material boring to
read at and in the same time, make it more easy and attractive to read
