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stepladder [879]
3 years ago
10

What item can a consumer expect to find in a retail store

Business
2 answers:
Aneli [31]3 years ago
7 0

Answer:

Retail stores has many categories of items few of them are

1) Fast moving consumer goods (soap, shampoo, facewash, tissue paper, coffee, powder milk, chocolate etc)

2) Grocery

3) Food items (frozen)

4) Beauty products

Example of retail stores are Wal-Mart and Best Buy.

Annette [7]3 years ago
5 0
It would be "Meat to cook for dinner at home" that a consumer expect to find in a retail store since retail stores market to individuals and families, not large-scale projects. 
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Rock industries allocates manufacturing overhead at a predetermined rate of 160% of direct labor cost. Any overallocated or unde
nadya68 [22]

Answer:

<u>Cost of goods manufactured for November.</u>

Manufacturing Schedule Cost

Beginning Inventory (Job 205)                $11,800

Direct materials                                       $26,000

Direct labor costs                                     $21,000

Applied Overheads ($21,000 x 160%)    $33,600

Less Ending Inventory (Job 104)            ($6,900)

Cost of Goods Manufactured                 $85,500

<u>Journal entries to record the current month activity.</u>

Debit : Work In Process $80,600

Credit : Direct materials                                       $26,000

Credit : Direct labor costs                                     $21,000

Credit : Applied Overheads ($21,000 x 160%)    $33,600

<u>Calculation of amount of over allocated or under allocated manufacturing overhead</u>

Actual Manufacturing Overheads = $32,000

Applied Manufacturing Overheads = $33,600

Therefore, Overheads Over-applied = $1,600

4 0
3 years ago
What is a traditional economy
statuscvo [17]
A traditional economy is<span> an original economic system where traditions, customs, and beliefs shape the goods and services the economy produces, and also the the rules and manner of their distribution.</span>
8 0
3 years ago
Read 2 more answers
Blue Spruce Corp. took a physical inventory on December 31 and determined that goods costing $229,500 were on hand. Not included
Irina18 [472]

Answer:

Blue Spruce report as its December 31 inventory is $285,000

Explanation:

Correct inventory

= 229,500 + goods purchased FOB shipping point 30,000 + goods sold FOB destination 25,500

= 229,500 + 30,000 + 25,500

= 285,000

3 0
3 years ago
darby writes a check to education loan management inc, that is drawn on darbys account at federal bank. if thr bank does not acc
Aleksandr-060686 [28]
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5 0
3 years ago
1. Suppose that 10 years ago you bought a home for $150,000, paying 10% as a down payment, and financing the rest at 8% interest
Ierofanga [76]

Answer:

1. Down payment = $15,000

2. The existing mortgage (loan) was for $135,000

3. The current monthly payment on the existing mortgage is $990.58

4. The total interest over the life of the existing loan = $221,609.58

6. The amount of the original loan paid off is $22,319.

7. Total amount paid to the loan company over the last 10 years is $258,928.58 ($243,928.58 + $15,000)

8. Total interest paid over the last 10 years is $221,609.58

9. The equity in the home is $67,319 ($180,000 - $112,681)

10. The new monthly payments will be $675.58

11. Saving each month because of the lower monthly payment is $315 ($990.58 - $675.58)

12. Total Interest = $352,137.21 ($221,609.58 + $130,527.63)

13. It does not make sense to refinance because what is saved per month cannot compare with the additional interest expense to be incurred for prolonging the payments.

Explanation:

a) Data and Calculations:

1. Cost of a home = $150,000

10% down payment = $15,000

Existing Mortgage = $135,000 ($150,000 - $15,000)

Home Price  150000

 Down Payment  10 %

Loan Term  30  years

Interest Rate  8%

House Price $150,000.00

Loan Amount $135,000.00

Down Payment $15,000.00

Total of 360 (30 years * 12)

Mortgage Payments $356,609.58

Total Interest $221,609.58

Ten years after, the loan balance has been reduced by $22,319 ($135,000 - $112,682)

Refinancing calculations:

Home Price  112681

 Down Payment  0 %

Loan Term  30  years

Interest Rate  6

   

Monthly Pay:   $675.58 Monthly

Total Mortgage Payment $243,208.63

Total Out-of-Pocket $243,208.63

Total of 360 Mortgage Payments $243,208.63

Total Interest $130,527.63

 

4 0
3 years ago
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