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mafiozo [28]
3 years ago
9

The price of one necklace is the same as the price of five rings. One ring costs $320. The cost of a necklace is

Business
2 answers:
Elodia [21]3 years ago
4 0
$1,600. You would multiply the price of one ring by 5 to find the price of the necklace.
schepotkina [342]3 years ago
3 0

Answer:

The cost of a necklace is $1,600

Explanation:

Price of one necklace is the same as the price of five rings, this means

             1 necklace =  five rings

Price of a necklace =  5 x price of ring

Price of ring             =  $320

Price of a necklace  =  5 x $320

                                 =  $1,600

Therefore, a necklace costs $1,600

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Beck Company has inventory of $ 740 comma 000 in its stores as of December 31. It also has two shipments inminustransit that lef
EastWind [94]

Answer:

The invention balance sheet as at 31 December is $923,000

Explanation:

In this question, we are asked to calculate the amount of money Beck company will report in its balance sheet as of December 31st.

To do this, we simply employ a mathematical approach.

Mathematically, the amount of inventory recorded by Beck company on its balance sheet as of December 31st would be;

Inventory in stores + Goods in consignment + Good in transit F.o.b shipping point

We identify these values as follows;

Inventory in stores = $740,000

Goods in transit f.o.b shipping point = $108,000

Goods in consignment = $75,000

The amount of inventory Beck company should record will be; $740,000 + $108,000 + $75,000 = $923,000

3 0
3 years ago
What is a black market and why might it alleviate shortages?
Ksenya-84 [330]

<u>Answer:</u>

Black markets are markets that are not under the administration's control. Items sold in an underground market are regularly unlawful; for example, counterfeit DVDs, counterfeit brand items, and illicit medications. Bootleg trades frequently are eased by a lack of a product.

A price ceiling is utilized to constrain the cost of an item to profit customers when the harmony cost of an object is excessively high. The result is a deficiency of a topic, and the lack regularly causes black markets.

5 0
3 years ago
Fixed costs remain constant at​ $450,000 per month. During​ high-output months variable costs are​ $300,000, and during​ low-out
FrozenT [24]

Answer:

High indirect-cost rate is $31.25

Low indirect-cost rate is  $115

Explanation:

It is noteworthy that the indirect cost-rate refers to the sum of variable cost per hour+fixed cost per hour

High indirect-cost rate=variable cost per hour+fixed cost per hour

High output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($300,000/24,000)=$12.5

fixed cost per hour =($450,000/24000)=$18.75

high indirect cost-rate=$12.5+$18.75=$31.25

Low output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($125,000/5,000)=$25.00

fixed cost per hour =($450,000/5,000)=$90

low indirect cost-rate=$25+$90=$115

3 0
3 years ago
Tennis rackets can be purchased for $60 each from an outside vendor. it costs the manufacturer $80 a piece to produce them, of w
Sliva [168]
The rest of your question:
 
unavoidable fixed overhead cost. What are the relevant costs for this decision? Based only these costs, which option should the company <span>choose?
The answer:
Relevant cost to make and Buy.</span>
6 0
3 years ago
Century Motors was awarded a bid to build an energy-efficient motor for a large government heating and cooling project. The requ
algol [13]

By employing such an organizational structure, Century Motors most likely set up a <u>Matrix Organization. </u>

A Matrix organization:

  • Incorporates people from multiple departments and functions
  • Will see people answering to multiple managers of those various departments
  • Usually disband after a project is done

The actions of Century Motors are in line with a Matrix Organization in that people from multiple functions were incorporated into the team and the team will disband when the project is done.

We can therefore conclude that this is a matrix organization.

<em>Find out more at brainly.com/question/7437866.</em>

5 0
3 years ago
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