For the united states, one important benefit of foreign trade is

Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sol

disa [49]

Answer:

Explanation:

Date Unit Unit cost Total Goods sold Cost Total

May 1 28 9 252 28 9 252

May 15 26 10 260 26 10 260

May 24 39 11 429 26 11 286

Total 93 941 80

1) Weighted average unit cost = 941/93 = $10.118

FIFO method

2)Ending inventory (93-80)*11 =$ 143

FIFO method assumes that the first set of inventory are the first to be sold

LIFO method

LIFO assumes that the last set of inventory are the first to be sold

Goods Sold Cost Total

39 11 429

26 10 260

15 9 135

Ending Inventory = (93-80)*9 = $117

Average Cost Method

Ending Inventory = 13 * 10.118 =$131.534

5 0

3 years ago

_____ typically includes information on the customers served, why the company exists, what the company does, the value received

max2010maxim [7]

Answer:

Mission.

Explanation:

Considering the stakeholders' perspectives is a significant step or approach to be adopted by business firms when developing a mission statement. It requires that you think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.

Mission typically includes information on the customers served, why the company exists, what the company does, the value received by the customers, and the technology used.

7 0

2 years ago

Cheryshchivers

Nadya [2.5K]

Mabye just mabye... o.o i needs

3 0

3 years ago

Read 2 more answers

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4.9 pound

Stella [2.4K]

Answer:

Childress Company

Orders for K1 should be filled first.

Orders for G9 should be filled second.

Orders for S5 should be filled third.

Explanation:

a) Data and Calculations:

K1 S5 G9

Direct materials per unit (pounds) 4.9 2.4 5.4

Materials available for production = 58,400

Selling price $ 167.40 $ 99.28 $ 210.02

Variable costs 89.00 76.00 149.00

Contribution margin per unit $ 78.40 $ 23.28 $ 61.02

Contribution margin per pound $16 $9.70 $11.30

Orders for K1 should be filled first

Orders for G9 should be filled second

Orders for S5 should be filled third.

b) This order filling sequence will maximize the contribution margin per pound, ensuring the highest efficient use of the limited materials available for production.

3 0

2 years ago

Kite Sales. Wendy is president of a business that manufactures kites. The kites of her company, ABC Kites, are sold to large toy

LuckyWell [14K]

Answer:

She violated the duty of loyalty

Explanation:

One of the fiduciary duties of a director is to always act in the best interest of the company .

Similar to this is the duty of loyalty that prevents the director from acting against the interest of the company and also guide the director against activities that could bring conflict of interest whereby he is involved in reaping personal benefits from the position she occupies .

This describes Wendy's action of personal dealing based on her position as the president of Kite sale

5 0

3 years ago