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
Nata [24]
4 years ago
9

Calculate the debit and credit amount for the goods issue step in the fulfillment process, based on the following data. Material

s sold (trading goods): Printers Quantities sold: 100 Price for customer: $120.00 Current average moving price: $85.00 Price from vendor: $84.00 Average price 30 days before customer order was placed: $86.00
Business
1 answer:
Artemon [7]4 years ago
8 0

Answer:

<u>$8,500</u>

Explanation:

Take note of Current average moving price of $85. This is the best price to use to obtain the value of the goods issued.

Calculated as follows

= 100 Printers x $85

= $8,500

Therefore, the debit and credit amount for the goods issue step in the fulfillment process is $8,500.

You might be interested in
For each market listed below, determine whether it is best characterized as a Cournot oligopoly, Stackelberg oligopoly, or Bertr
Semenov [28]

Answer: A. Cournot Oligopoly B. Stackelberg Oligopoly C. Bertrand Oligopoly

Explanation:

Cournot Model: In Cournot model, firms produce output independently and then set their prices. In this type of model, the products are typically standardized.

Stackelberg Model: In Stackelberg model, there is one firm who is quite dominant and that firm sets the price. Whereas, other firms or the competing lower firms usually follow the price leader.

Bertrand Model: In this model, firms have interaction with buyers in order to set prices and quantities.

3 0
3 years ago
Which is an economic system?
kramer

Answer:

B.

Explanation:

<em>It is When countries and other nations distrubute Goods or sales.</em>

5 0
3 years ago
Read 2 more answers
Compare the two terms increasing marginal returns and diminishing marginal returns describe
Darya [45]
Increasing marginal returns is the increase of output when there is an addition of variable input aside from the fixed input over a short period. Diminishing returns is the decrease of output when there is an incremental increase of one production factor while other factors remained constant. 

4 0
3 years ago
Granger has a boat worth $4,000 and a car worth about $8,000. He also has roughly $500 worth of tools. What is the value of asse
natita [175]

Answer:

$12,500

Explanation:

Assets are classified under current and fixed categories. Among items that Granger owns, a boat is an asset; specifically a fixed asset since it can be utilized over a year. Same reason for a car, which is also a fixed asset. Tools help in operating a business hence considered fixed assets as they can be utilized for more than a year. The total value of assets is (4000+8000+500)

Total value = $12,500

8 0
3 years ago
Your home insurance provides for replacement value for personal property losses. A microwave is stolen. It cost $300 two years a
goldfiish [28.3K]

Answer:

$400

Explanation:

Since your insurance policy provides for replacement value, then if your microwave is stolen, the insurance company must pay the cost of a new and similar microwave oven. Insurance is not about gaining or losing money, it's about returning the insured to its previous financial state before the incident happened.

In this case the insurance company has to pay a higher amount, but sometimes the replacement value might be lower, e.g. high tech products are usually very expensive in their introduction stage but then their prices start to decrease at the growth or maturity stages.

7 0
4 years ago
Other questions:
  • The biggest U.S. stock exchange is located in which city?
    12·1 answer
  • Suppose there are 1000 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 worker
    11·1 answer
  • Marcus is the owner of four Pizza Pizzazz restaurants in Santa Fe. Although the employee selection and training aspects of his b
    6·1 answer
  • Coronado Co. had a sheet metal cutter that cost $115,000 on January 5, 2016. This old cutter had an estimated life of ten years
    9·1 answer
  • Nichols Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $2
    6·1 answer
  • At his regular hourly rate, Don had estimated the labor cost of a repair job as $336 and he was paid that amount. However, the j
    9·1 answer
  • The graph above shows how the price of video games varies with the demand quantity. Suppose that the price of video games is set
    8·1 answer
  • According to the video, what tasks do Electrical Power-Line Installers and Repairers commonly perform?
    6·2 answers
  • Which country in the world consumes the most coca-cola per capita?
    11·1 answer
  • In a climatological sense, dryness is a function of both annual rainfall and ________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!