Answer: Cost of goods sold = $62500
Explanation:
Given that,
Sales revenue = $183,000
Ending inventory = $12,600
Beginning inventory = $15,600
purchases = $64,000
purchases discounts = $4,000
purchase returns and allowances = $1,500
freight-in = $1,000
freight-out = $500
Cost of goods sold = Beginning inventory + purchases - purchases discounts - purchase returns and allowances + freight-in - Ending inventory
= $15,600 + $64,000 - $4,000 - $1,500 + $1,000 - $12,600
= $62500
Answer:
A cash receipts budget of flying consumers.
Explanation:
Operational budget is defines as all the profits and expenses a business realises as a result of planning it's operations.
Usually an operational budget is set before activities begin, and is a target to be achieved.
For an airline cash receipts of flying customers is not a revenue realised as a result of planning operations, so this is the correct answer.
However a fuel budget, material budget for parts, and labour budget for flight crew are operational budgets.
Answer:
The correct answer is letter "D": $24.
Explanation:
Opportunity cost can be defined as the cost of the best next available option after taking another decision in regards to a situation. It is also the return that the chosen option provides compared to the return that could have provided the option that was forgone.
In this case, choosing to go to the local carnival will represent losing one hour of working as a coach assistant ($15). Besides, as there is a $9 admission fee to the carnival, you will need to spend that money. Thus, the total opportunity cost of going to the carnival instead of working is $24 (<em>$15+$9=$24</em>).
Answer:
Honestly, Bill Can not sue Tom
Explanation:
Firstly I don't know the contractual agreement between Tom and Bill, but based on the fact that Tom informed Bill of the latest happenings as regards the umbrella,
Hence Bill is well Informed.
Now Bill tested his umbrella and they were OK, it doesn't rule out the fact and the possibility of 14 out 100 to be bad, this can be in a form of factory error.
Answer: Labeling
Explanation:
The mechanism that can be used to keep an inventory of all company computers in order to help identify the assets is referred to as labeling.
Labeling is simply defined as the display of information about a certain product. This is vital to help customers easily identify the good and also makes it different from other.
