Answer:
a. $225, 000
b. $900, 000
c. $140, 000
Explanation:
Ralph Mini-Mart Store in Alpine:
(a) Beginning inventory: this is the value of inventory on hand at the beginning of the financial year. This is the value is the same as the value of ending inventory at the end of the previous financial year. This value includes the value of the inventory and any costs that were incurred to bring the inventory to the organization’s store house.
For Ralph Mini- Mart, beginning inventory = $225, 000 (refer to item 5)
(b) Transfers- In: this is the inventory that was purchased during the financial year. This value will include the cost of the inventory and any other costs that were incurred to bring the inventory to the store house of Ralph’s Mini – Mart. In this instance, the additional cost is the transportation cost of $30, 000 that was incurred to transport the inventory from the supplier to the warehouse.
For Ralph’s Mini – Mart, the Transfers – In = $870, 000 + $30, 000 = $900, 000 (refer to item 3 and 4)
(c) Ending balance: the ending balance is the value of inventory at the end of the financial year. This is the value of inventory that Ralph’s remains with after purchasing inventory from suppliers and selling inventory to customers. This value will take into account any inventory write- downs and obsolescence. In this instance, there has been no inventory write- downs and no inventory obsolescence or thefts.
For Ralph’s Mini – Mart, the value of ending inventory = $140, 000 (refer to item 5)
Answer:
Lawyers fees would probably decrease
Explanation:
If there's a large supply of lawyers than the demand for them will drop, causing fees to drop.
Answer:
The message is designed to persuade <u>the audience/prospective consumers.</u>
Specifically, the primary purpose fo this message is to <u>sell animation products.</u>
The secondary purpose is to <u>position </u><em><u>Akihabara Imports</u></em><u> as an appealing brand or the best place to purchase Animation Products.</u>
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The questions to ask when profiling an audience are:
E) Who is my primary Audience?
It is important to know who one is advertising to. That is, those who can actually purchase ones product(s) must be identified. It is illogical, for instance, to advertise Mannequins to Farmers. They have no use for it.
B) Why am I writing this message?
As already stated above, the purpose of advert must be clear. When you know want to achieve, the next question to ask is 'how can I achieve this?', 'who can help us achieve this'?
C) What is my relationship with the audience
If a business is a first timer in the market, it means there is no relationship at all with the target audience. An existing business with a history of transactions with the target audience would most likely approach it's adverts differently.
Please Note:
- You don't need to like you audience to sell or advertise to them. However, it is critical to have a value adding mentality to succeed in the market place.
Cheers!
Answer:
Total overhead= $39,900
Explanation:
Giving the following information:
Variable manufacturing overhead $1.90
<u>First, we need to calculate the total fixed overhead:</u>
Total fixed overhead= 7,800*3.8
Total fixed overhead= $29,640
<u>Now, the total overhead for 5,400 units:</u>
Total variable overhead= 1.9*5,400= 10,260
Total fixed overhead= 29,640
Total overhead= $39,900
