All categories

3 years ago

Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores.

Business

1 answer:

garri49 [273]3 years ago

8 0

Answer:

Explanation:

please find the attached for the full explanation of the answer.

before answering the total current assets that will be recorded by Symphony one needs to understand what a current asset is. A current asset can be referred to a short term meaning that its span of life is short it can not be longer than 12 months hence current.

we also need to explain an asset: an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies

Download docx

You might be interested in

Haskins Company employs material handling employees who move materials between production divisions at a labor cost of $184,000

Vitek1552 [10]

material handling cost should be assigned to products made in March <u>$36,000.</u>

Given data,

labor cost = $360,000

move material per year = 600,000 pounds

To find out material handling cost.

we find here first Labor Cost per pound of material that is express as

Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1

Labor Cost per pound of material ==360000/600000= $0.6 per pound of material

Labor Cost per pound of material = $ .6 per pound of material

so, we can say that 60000 pounds are moved in March so cost will be

60000 pounds are move cost = 60000 × $0.6

60000 pounds are move cost = $36000

material handling cost is: $36,000

<h2>What is material handling cost?</h2>

The freight for the items (equipment and material), insurance, and customs clearance fees, among other expenses, make up material handling costs (or MRC). Posted in Procurement and tagged cost, procurement, logistics.

Learn more about material handling cost: <u>brainly.com/question/20598911?referrer=searchResults</u>

#SPJ4

8 0

2 years ago

The study of economics on a smaller scale is called

goldenfox [79]

Answer: c. microeconomics.

8 0

3 years ago

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up consu

Wittaler [7]

Answer:

If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up

paying a higher price for the good than they otherwise would.

Explanation:

Import-restricting tariffs increase the cost of goods and services imported from other countries. Governments have various reasons for making such impositions. Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements. However, these restrictions hamper free trade. They also distort the competitiveness of nations.

3 0

3 years ago

Which type of supply chain structure tends to minimize the risk of catastrophic supply chain quality risks, similar to the kind

Andrei [34K]

Answer:

The correct answer is the option C: A vertically integrated supply chain.

Explanation:

To begin with, a vertically integrated supply chain is the one that the companies choose in order to have a higher management over the whole supply chain and that is because the principal company who uses that strategy is the one who will give the orders and manage the other firms of the supply chain with the purpose of establishing better results by avoinding catastrophic risks that can happen. That is why, a vertically integrated supply chain tends to minimize the risks inside the chain.

5 0

3 years ago

A u.s. manufacturer that exports goods made at its u.s. plants for shipment to foreign markets:

iris [78.8K]

A U.S. producer that exports merchandise made at its U.S. plants for shipment to outside markets becomes more focused in remote markets or in foreign markets when the U.S. dollar decreases in values against the currencies or money of the other nations or countries to which it is trading.

7 0

3 years ago