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Cloud [144]
3 years ago
11

A store accidentally priced an item at $20 instead of $30 and honored the mispricing. where should the $10 difference

Business
1 answer:
dimulka [17.4K]3 years ago
4 0

Answer:

The difference is attributed to sales.

Explanation:

The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.

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Torid Company processes​ 18,700 gallons of direct materials to produce two​ products, Product X and Product Y. Product X sells f
lana66690 [7]

Answer:

$0

Explanation:

Data given in the information

Product X is the byproduct.

In addition, the By products are recorded in the general ledger at the point of sale

So in this case, the quantity sold is considered only no other things would be recognized

Hence, in this the quantity sold and quantity produced is not recorded

Therefore , No ending inventory should be recognized in the general ledger for this by products

4 0
3 years ago
Sarah’s Organic Soap Company makes organic liquid soap. One of the raw materials for her soaps is organic palm oil. She needs 90
Nuetrik [128]

Answer:

$1905

Explanation:

Here we will have to calculate Economic Order Quantity to lower the ordering ordering and holding cost as much as we can. So here we will use the following formula to calculate the best number of units that we should order, which is as under:

Economic Order Quantity = SquareRoot (2 * Annual Demand * ordering cost per order / Holding cost per unit per year)

Here

Annual Demand = 900kg of palm oil per day  * 52 weeks *  5 day a week / 7

Annual Demand = 900 * 52 * 5 / 7 = 33,429

And

Ordering cost per order = $57 per order

Annual holding cost per unit per year is 20% of $5.25 per kg which is $1.05.

So by putting values, we have:

Economic Order Quantity = Square Root (2 * 33,429 * 57 / 1.05)

Economic Order Quantity = 1905 kgs

4 0
3 years ago
Many companies are capitalizing on people being at the airports longer and not being able to carry many personal health and beau
andreev551 [17]

Answer:

A) kiosk

Explanation:

Based on the information provided within the question it can be said that in this scenario the vending machines in the airport is a kiosk. This term refers to  physical structure which is used either to display information to passing strangers or to provide the individuals passing by with a product or service. Which in this case the structure/vending machine is providing beauty products.

8 0
3 years ago
A nation's legal system is usually of very little interest to international business managers, because international businesses
olganol [36]

The answer is True

The four fundamental systems of civil law, common law, statutory law, and religious law—or mixtures of these—are typically the foundations of the present national legal systems. However, because each nation's legal system is molded by its distinct past, it contains distinctive variances. Comparative law is the name of the field of study that examines law just at level of legal systems.

Both civil law (also known as Roman law) and legal system systems can be regarded as the most prevalent in the globe. Civil law is the most prevalent in terms of both landmass and population, while common law is used by the most people of any single civil law system.

To know more about fundamental refer to brainly.com/question/2224584

#SPJ4

7 0
1 year ago
“Gambler fallacy” is the Believe that if people keep gambling they will eventually win big
Elena-2011 [213]
The answer is False

Hi hope you doing well!
6 0
3 years ago
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