Answer: A. Middle management
Explanation:
Middle management is known to be a level of management in an organization which play significant role on the overall success of the organization. Middle managers are those in the position of middle management and are accountable for the employee’s performance, effectiveness and productivity. They are responsible for the happenings in their department and give advice and information in order to resolve problems to the employees below them. Thus, middle managers act on the instructions of the top managers.
Answer:
$12,245
Explanation:
January:
Total value = Units left in inventory × cost per unit
= (28 - 19) × $210
= $1,890
February:
Total value = Units left in inventory × cost per unit
= (38 - 18) × $215
= $4,300
May:
Total value = Units left in inventory × cost per unit
= (33 - 22) × $220
= $2,420
September:
Total value = Units left in inventory × cost per unit
= (30 - 21) × $225
= $2,025
November:
Total value = Units left in inventory × cost per unit
= (35 - 28) × $230
= $1,610
Cost of the ending inventory:
= $1,890 + $4,300 + $2,420 + $2,025 + $1,610
= $12,245
Answer:
The correct answer is $800
Explanation:
Giving the following information:
Fulbright Corp. uses the periodic inventory system.
Fulbright made the following purchases (listed in chronological order of acquisition):
· 40 units at $100
· 70 units at $80
· 170 units at $60
Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.
Ending inventory= [(100 + 80 + 60)/3]*10
Ending inventory= 80*10= $800
Answer:
B. Liquidation.
Explanation:
Liquidation is and aftermath of the inability of a company or establishment to meet up with her obligations at the required moment. Thus, the company folds-up, lay off her staff and stop operating. While reorganization is a form of restructuring in a company or establishment. It may involve change of positions and duties among capable staff.
The example in the given scenario is that of liquidation because it ceased from operation.
