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jolli1 [7]
3 years ago
15

A __________ is a group of customers who love their brand so much that they like to connect with other customers who think like

themselves.
Business
1 answer:
jonny [76]3 years ago
8 0
It is a Brand community
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Windsor, Inc. reports the following for the month of June.
Vladimir [108]

Answer: Please refer to the explanation section

Explanation:

1 June Inventory Balance = 556 x $6 = $3336

12 June Purchase = 1112 x $7 = $7784

23 Purchase = 834 x $11 = $9174

1.Cost of Ending inventory (First in First Out Method)

First in First out method implies that inventory purchased first will be sold first., with this in mind, We Can conclude ending inventory units  of 278 come from the inventory purchased on the 23rd of June.

Ending inventory units = 278 x $11 = $3058

Cost of good sold

Cost of goods sold = $3336 + $7784 + $6116*

Cost of goods sold = $17236

* (834 - 278 x $11)= 556 x $11 = $6116

Cost of Ending inventory Last In First Out

Last In First Out method implies that most recently purchased inventory will be sold first therefore We can conclude that the ending inventory units come from opening inventory units

Ending Inventory = 278 x $6 = $1668

Cost of goods sold =   $9174 + $7784  + $1668*

Cost of goods sold = $18626

*(556 - 278) x $6 = 278 x $6 = $1668

2 FIFO Method gives a higher a higher ending inventory Balance ($3058)  than LIFO Method ($1668). Ending inventory unit cost under FIFO Method is $11 while the ending inventory unit cost under LIFO Method is $6

3.  LIFO Method Provides Higher Cost of goods sold ($18626) than FIFO Method ($17236). LIFO Method includes the entire units of inventory purchased on the 23 June costing $11 per unit while Cost of goods sold under FIFO Method has only 556 units from the units purchase on the 23rd of June costing $11 per unit

6 0
3 years ago
Read 2 more answers
What is the Best way to conduct a survey?
VladimirAG [237]
One good way is to do an online survey so you get the results intantly. the downside of online is that not every one knows that there is a survey.  Hard copy surveys are also good, but the tend to get lost and cluttered.  oh yeah, the more people take the survey, the more accurate it should be
5 0
3 years ago
Read 2 more answers
The given statements are about monopolistic competition. Indicate whether each statement is true or false. A monopolistically co
Nuetrik [128]

Answer:

1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True

2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True

3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False

4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False

5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True

6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True

7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True

Explanation:

3 0
3 years ago
while shopping grey spend 90% of the money she had if she has $4,500 on shopping what was amount of money spent​
goldenfox [79]

Answer:

$4,050

Explanation:

Grey has $4,500 for shopping.

She spent 90%  while on shopping.

The amount spent = 90/100 x $4500

=0.9 x $4,500

=$4,050

7 0
3 years ago
[The following information applies to the questions displayed below The following financial statements and additional informatio
Andrej [43]

Answer:

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7 0
2 years ago
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