All categories

3 years ago

If the cost of goods sold is more than the cost of goods manufactured, then

Business

1 answer:

ivann1987 [24]3 years ago

8 0

Answer:

C. Finished Goods Inventory has decreased.

Explanation:

Cost of goods manufactured (COGM) increases when finished goods inventory is produced, while cost of goods sold (COGS) increases when finished goods inventory is sold. If COGS has been increasing faster than COGM has been increasing, the company has been selling more goods than it has been producing. Therefore, it must have sold goods from its surplus of finished goods inventory. Thus, finished goods inventory has decreased.

You might be interested in

Suppose the Fed carries out an open market sale of $100m and simultaneously decreases the minimum required reserve ratio from 10

andrey2020 [161]

Answer:

loanable amount after Fed operation = $950 M

Securities after fed operation = $50 M

attached below is the T-account table

Explanation:

Given data:

For assets : securities = $100 M , Loans = $800 M

For Liabilities : Constant demand deposit = $1000 M

difference between the assets and liability = $100 M and this makes the Banking system unbalanced hence the Banking system needs the intervention of the Fed. and the reduction in the required reserve ratio from 10% to 5% is the right action

How with the reserve ratio reduced to: 0.05

hence required Minimum required securities after operation = 0.05 * 1000 M = 50 M

Note : Total demand deposits = securities + loanable amount

therefore loanable amount after Fed operation = $1000 M - $50 M = $950

Attached below is the T-table

When both tables are compared it can be seen that there is a significant increase in the loanable amount after the Fed's operations and increase in Loanable amount transcends to increase in Monetary base

5 0

3 years ago

What is a vital point for most marketers

IgorLugansk [536]

The demographic segmentation.

5 0

2 years ago

Divide the following by short division: 3) 186

Goryan [66]

Answer:

Explanation:

I first divided 3 into 180 which is 60 because 18 divided by 3 is 6 and then you add back on that 0 getting to 60. Then for the 6, divide that by 3, which is 2 which you add to the 60 getting to 62.

I hope this helps and please don't hesitate to ask if there is anything still unclear!

7 0

2 years ago

Mike and David signed a loan agreement together to borrow money for a boat. If David leaves town and cannot be found, what happe

iren [92.7K]

I this case, the loan is still valid and at that point Mike would be responsible for finding a way to pay the loan back as agreed upon in the contract. This is called co-signing, when two parties both sign for a loan together. Both parties are responsible for the loan and even though David cannot be found, the loan must still be paid and Mike would be held responsible for this.

4 0

3 years ago

Read 2 more answers

Marvin, the vice president of Lavender, Inc., exercises a stock option to purchase 100 shares of stock in March 2020. The stock

Naily [24]

Answer:

None of the answer is correct.

Explanation:

When Marvin purchase stock in March 2020 at a price of $28. The exercise price for the stock is $20. When Marvin will sell the stock at the exercise price he will gain on the sale of the stock. AMT is the difference or spread between the stock exercise price and its underlying fair market value.

7 0

3 years ago