1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali [406]
3 years ago
8

Tony's Market recorded the following events involving a recent purchase of inventory:Received goods for $40,000, terms 2/10, n/3

0.Returned $800 of the shipment for credit.Paid $200 freight on the shipment.Paid the invoice within the discount period.As a result of these events, the company's inventoryA)increased by $38,416.B)increased by $39,400.C)increased by $38,612.D)increased by $38,616
Business
1 answer:
cricket20 [7]3 years ago
5 0

Answer:

D) increased by $38,616

Explanation:

The computation of the inventory is shown below:

= Goods received - returned goods - discount + freight expense

where,

Discount = (Goods received - returned goods) × rate

               = ($40,000 - $800) × 2%

               = $39,200 × 2%

               = $784

The other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $40,000 - $800 - $784 + $200

= $38,616

The $38,616 reflect increase in the inventory

You might be interested in
Introductions can be conducted in the same way regardless of employer's cultural background. True False
Viktor [21]

In my opinion, introductions can be made by a persons background in general, for example, lets say that there is someone that applies for a job at your business and your business gives people their own personal work vehicle and the person applying for the job has many tickets on their record for speeding. I don't think id want someone like that working for me, nonetheless, when it comes to cultural background as into worshiping any sort of religion, as long as it doesn't interfere with work relations, Id say...

<u>True </u> Introductions should be conducted the same way regardless on someones cultural background.

3 0
4 years ago
Whole Grain Bakery purchases an industrial bread machine for $24,500. In addition to the purchase price, the company makes the f
Shkiper50 [21]

Answer:

$29,800

Explanation:

Calculation to determine initial cost of the bread machine

INITIAL COST

Purchase Price: $24,500

Freight: $1,450

Installation: $2,900

Testing: $950

Total cost of the bread machine: $29,800

Therefore initial cost of the bread machine is $29,800

7 0
3 years ago
If a salesperson seeks to avoid customer interactions, what are they suffering from?
Leviafan [203]

Call reluctance is what they are suffering from if they tend to avoid customers.

<h3>What is Customer interaction?</h3>

Every company is at the mercy of the people who use it. The market is cutthroat, and consumer expectations have skyrocketed. Simply put, providing a quality good or service is insufficient. The positioning of your brand in the market, however, can be greatly influenced by the relationships you build with your customers. While discussing the importance of customer interactions, it's important to keep in mind that the customer experience is a continuous process. Building stronger ties with your customers is a continuous process.

Before we go into the specifics of how customer interaction can be advantageous for your business, it is crucial to understand what it is. Addressing customer needs and ensuring they are met through the provision of your good or service is referred to as customer interaction. Companies frequently employ salespeople with the necessary training to conduct these customer interactions. Overall, having a better understanding of your customers can give you a competitive edge.

Thus, customer interaction should be taken care of well.

For more information on Customer interaction, refer to the given link:

brainly.com/question/14569242

#SPJ4

4 0
2 years ago
When the regulator sets a price that a firm cannot exceed over the next few years, the regulator is enforcing:?
Likurg_2 [28]
<span>This is a price cap regulation. Because the firm cannot go over a certain price, the price is said to be capped. Regulations like this prevent firms from overcharging their customers, and promote good business ethics. It may slow the growth of the firm, but the cost comes at the benefit of the customer.</span>
7 0
3 years ago
Mcewan Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
777dan777 [17]

Answer:

Selling price= $10,632

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (307,200/48,000) + 2.8

Predetermined manufacturing overhead rate= $9.2 per direct labor hour

Job X941:

Total direct labor-hours 300

Direct materials $ 600

Direct labor cost $ 5,500

<u>Now, we can determine the total cost of Job X941:</u>

Total cost= 600 + 5,500 + 300*9.2

Total cost= $8,860

<u>Finally, the selling price:</u>

Selling price= 8,860*1.2

Selling price= $10,632

7 0
4 years ago
Other questions:
  • A _____ interview allows interviewer's discretion in choosing the questions to be asked and generally includes open-ended questi
    14·1 answer
  • The broker's commission for certain disclosed buyers is protected by the "holdover clause" in the approved Right-to-Sell Listing
    8·1 answer
  • Pravis Corporation owns 30% of Kuster Corporation. Pravis Corporation received $9,000 in cash dividends from Kuster Corporation.
    14·1 answer
  • One major advantage of pure competition compared to a monopoly is that:
    14·1 answer
  • The Magic Flute Company paid cash dividends totaling $ 270 comma 000 in 2016 and $ 175 comma 000 in 2017. In​ 2018, the company
    5·1 answer
  • Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable Ending Accounts Receivable N
    10·1 answer
  • Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he
    12·1 answer
  • What is lower production cost?
    7·1 answer
  • Use my code M1F8A on fetch rewards to get 2000 points 2,000 point
    15·2 answers
  • what is the expected return for a stock that has a beta of 1.4, if the risk-free rate is 5% and the market rate of return is 10%
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!