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kompoz [17]
3 years ago
6

The Sterns have a family business growing vegetables and herbs for local markets and restaurants on their 10-acre farm. Which of

the following correctly identify factors affecting their selection of a channel of distribution? (SELECT ALL THAT APPLY.)
location, because their customers are within a limited area

size of the business, because resources are likely limited for a family enterprise

costs of transportation, because the product has to be moved great distances

nature of the product, because the vegetables and herbs are perishable
Business
1 answer:
kotegsom [21]3 years ago
7 0

size of the business, because resources are likely limited for a family enterprise

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When using the specific identification inventory method, cost of goods sold equals the ______.
aleksandrvk [35]

With the <em>specific identification inventory method</em>, the Cost of Goods Sold equals the <em>exact costs of the items sold.</em>

The <em>specific identification inventory method</em> tracks each sold item to record its cost.  The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.

The <em>specific identification inventory method</em>  is not like the:

  • FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the store
  • LIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the store
  • Weighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.

Thus, the <em>specific identification method</em> ensures that the Cost of Goods Sold equals the actual cost of the goods.

Read more: brainly.com/question/18522650

4 0
2 years ago
A new public works project requires 20,000 hours of labor to complete. a. Suppose the labor market is perfectly competitive and
Bumek [7]

Answer:

a. $300,000

b. $200,000

Explanation:

a. The opportunity cost for labor is calculated by multiplying the hours of labor needed to complete the project with the market wage rate.

20,000 hours * $15 per hour = $300,000

b. There are some labors that are unemployed and has agreed to work for $10 per hour. The opportunity cost will now be lower than the previously calculated

20,000 hours * $10 per hour = $200,000

c. The opportunity cost depends on the wage rate of the labor. When the labors are employed at market rate, the opportunity cost is high and when there is unemployment the labors are willing to work for lower wage rate. The opportunity cost is decreased.  

6 0
2 years ago
An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. If the required return is
drek231 [11]

Answer:

Today, the investment is worth $31,997.29

Explanation:

Giving the following information:

An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. The required return is 6 percent

First, we need to calculate the final value, using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 5,900

n= 15

i= 0.06

FV= {5,900*[(1.06^15)-1]} / 0.06= $137,328.22

Now, we can determine the present value:

PV= FV/ (1+i)^n

PV= 137,328.22/ 1.06^25= $31,997.29

4 0
3 years ago
Consider the market for cars. Which determinant of supply is affected by each of the following events? a. A steel tariff increas
Kitty [74]

Answer & Explanation:

1.  A steel tariff increases the price of steel :  Increase in of 'Price of inputs' -  decreases (leftward shifts) supply curve

2. Improvement in robotics increase efficiency & reduces costs : Upgradation of 'technology'-  increases (rightward shifts) supply curve

3. Factories close because of am economic downturn : 'Number of sellers' reduce - decreases (leftward shifts) supply curve.

4. The price of trucks falls, so factories produce more cars : Decrease in 'price of related goods' - increases (rightward shifts) supply curve.

5. The government announces a plan to offer tax rebates for the purchase of commuter rail tickets : 'Expectations' regarding rise in relative price of cars - decreases (leftward shifts) supply curve.

6. The government announces that it will dramatically rewrite efficiency standards, making it much harder for automakers to produce their cars : 'Goverment policy' stringency  - decreases (leftwards shifts) supply curve.

4 0
3 years ago
You are paying 11% interest on a credit card balance of $2,000. Which of the following best estimates the interest you are payin
Sloan [31]
<span>You are paying 11% interest on a credit card balance of $2,000. 
=> 2 000 * .11 =  220 dollars is the interest.
Next is to total or sum up the amount to be paid.
=> 2 000 + 220 = 2220 dollars 

</span>
5 0
3 years ago
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