1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RoseWind [281]
2 years ago
11

Oriole Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 390 $6

$2,340 12 Purchase 780 7 5,460 23 Purchase 585 8 4,680 30 Inventory 195 Assume a sale of 858 units occurred on June 15 for a selling price of $9 and a sale of 702 units on June 27 for $10. Calculate cost of goods available for sale. The cost of goods available for sal
Business
1 answer:
rewona [7]2 years ago
7 0

Answer:

Cost of goods available for sale = $12,480

Explanation:

<em>The cost of goods available for sale is the sum of the value of the opening inventory plus the cost of new purchase. The cost of new purchase would include carriage inward cost if any.</em>

<em>For Oriole company , the cost of goods available for sale would be computed as follows:</em>

                                                                           $

Opening inventory                                            2,340

Purchases

June 12                5,460

June 23               <u> 4,680 </u>                                 <u> 10,140</u>

Cost of goods available for sale                     <u>12,480</u>

<em>Note that the sales made are not relevant for the purpose of determining the cost of goods available for sale. Also, the closing inventory would have been deducted from the cost of goods available for sale to arrive at the cost of goods sold should the question require it.</em>

You might be interested in
Sophia is a postal carrier for the United States Postal Service. She frequently complains about all the inefficiencies and unfai
weeeeeb [17]

Answer: Alienated follower

Explanation:

Alienated followers are independent and critical thinkers who participate not to the beam or fullness of their capacity in a group. Sophia is discouged by the inactiveness of her boss concerning her complians and this makes her to complain to anyone who may be willing to speak to him, this makes her a alienated follower.

5 0
2 years ago
Managers can be classified in terms of either their level in the organization at which they work and or their area of specializa
777dan777 [17]

Answer is true.

Managers who are classified in terms of their level in the organization are known by titles such as store manager, assistant manager or co-manager.

Managers who are classified by their area of specialization have titles such as the marketing manager, the accounting manager or the sales manager.

5 0
3 years ago
Barry is the branch manager of a large toy store. He has been given the responsibility to communicate with, coach, and motivate
laiz [17]

Answer:

Human skills

Explanation:

As the branch manager Barry requires human skills to perform his roles well. The human skills can also be referred to as interpersonal skills. These are those skills that would present Barry's ability to interact, work or relate effectively with people.

Human skills would enable Barry to make use of human potential in the company and also motivate the supervising managers for better results

6 0
3 years ago
Which two questions are good questions to ask in an informational interview?
PtichkaEL [24]
When your doing an interview never ask how much money do you make that will make them think that your there just for the money and not the job
6 0
3 years ago
Read 2 more answers
Corporate strategy helps managers understand which strategy question?.
Harman [31]

The question that corporate strategy helps managers understand is where should firm compete?

<h3>What is corporate strategy?</h3>

It should be noted that corporate strategy simply means a unique plan that helps a firm gain competitive advantage over others.

In this case, the question that corporate strategy helps managers understand is where should firm compete? This is important for the growth of the firm.

Learn more about strategies on:

brainly.com/question/24553900

4 0
2 years ago
Other questions:
  • An effective marketing objective:
    11·1 answer
  • List 5 things you have purchased in the last year because of a marketing function. Describe what function of marketing was evide
    7·1 answer
  • If the price of one of the products associated with indifference curves increases, all else the same, what is the result?
    5·2 answers
  • _____ is the method used to determine the number of units a firm must sell at a specific price to cover all costs.
    10·1 answer
  • Lesson 7-1 single payment loans
    5·1 answer
  • The impact of Inequality on businesses<br>​
    14·1 answer
  • Ridge, Inc. follows IFRS for its external financial reporting, and Cannon Company follows GAAP for its external financial report
    12·1 answer
  • Bramble Corp. factors $7200000 of its accounts receivables with recourse for a finance charge of 5%. The finance company retains
    13·1 answer
  • I username is BIuebunny165
    8·2 answers
  • Companies can find out a lot about customers by listening to (and monitoring) what they say on their social networks, blogs, rev
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!