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Westkost [7]
3 years ago
15

Poppy co. uses a periodic inventory system. beginning inventory on january 1 was understated by

Business
1 answer:
Dahasolnce [82]3 years ago
8 0
Poppy co. uses a periodic inventory system. Beginning inventory on January one was understated by $30,000, and its ending inventory on December thirty-one was understated by $17,000. A purchase of merchandise costing $20,000 was incorrectly recorded as a $2,000 purchase. None of these errors were discovered until the next year. As a result, Prunedale's cost of goods sold for this year was: Understated by $31,000.
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Turney Company produces and sells automobile batteries, the heavy-duty HD-240. The 2020 sales forecast is as follows. Quarter HD
viktelen [127]

Answer:

Explanation:

                         1                 2             3             4           5

sales             15500        7420        8260    10130   19220

Inventory     2200

Ending

inventory     2968          3304         4052       7688

Production  16,268       7756          9008     13766

Total production = 46,798

Workings

Ending  inventory

Quarter 1  =40%*7420

Quarter 2 40%*8260= 3304

Quarter 3 40%*10130=4052

Quarter 4 40%* 19220=7688

Production formula

Quarterly sales + ending inventory - opening inventory

Please note that the ending inventory of a quarter is the opening inventory of the next quarter

3 0
3 years ago
The graph below shows the value of a $100 deposited into three different accounts over a period of 20 years. Which of the lines
DiKsa [7]

Answer: D. Green

Explanation: Because compound is the biggest interest rate

7 0
3 years ago
Read 2 more answers
Give an example of one good or service produced in the United States using the command model. Justify your example using researc
Shtirlitz [24]

Answer:

An example of production under the command system in the United States is that of the production of roads and passable roads throughout the nation. In this case, it is the production of a public service, and as such it is controlled by the government in all stages of its production: from the identification of the need, through the tender, the construction authorization and the supervision of the results, everything is controlled by the government. This implies that individuals or private companies cannot by their own initiative create this type of road, but rather depend exclusively on the will of the government.

3 0
3 years ago
The applications of analytics are not just limited to business but extend to a wide-array of human activity.
Mars2501 [29]

The applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

<h3>How to illustrate the information?</h3>

Discovering, understanding, and communicating meaningful patterns in data is the process of analytics. Simply put, analytics enables us to recognize insights and valuable data that we might not otherwise notice.

Analytics combines data and arithmetic to make predictions about the future, identify relationships, and automate decision-making.

Therefore, based on the information, th

he applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.

Learn more about analytics on:

brainly.com/question/25819900

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4 0
1 year ago
The Hallmark Card Company is able to maintain good dealer relationships because it limits the number of stores in a geographic a
Marta_Voda [28]

The given question is about Business studies.

Hallmark uses <u>Selective </u>distribution.

Selective Distribution: This refers to a strategy where a firm opens a particular or less number of outlets first in a specific location. This might be limiting at first but is surely a good start as this not only reduces the chances of loss instead helps the brand/ firm to prosper and focus on its product quality. Initially, the retailers and distributors appointed by the firms are few but later on, this marketing strategy proves to be superior. It has the following benefits:

  • Better market coverage than distribution.
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