Answer:
Cost of goods sold = $6408
Explanation:
given data
beginning inventory = 79 units
cost = $18 per unit
purchased = 485 units
each cost = $18
totaled = 356 units
Sales = $43 each
to find out
cost of goods sold using the LIFO method
solution
we get here Cost of goods sold using LIFO would be here
Cost of goods sold = 356 units @ $18 per unit .................1
Cost of goods sold = 356 × $18
Cost of goods sold = $6408
Answer:
1. Technology.
2. Resources.
3. Institutions.
Explanation:
An economic growth can be defined as an increase in the market value of the finished goods and services produced by an economy in a particular country at a specific period of time. It is measured typically by the Gross Domestic Products (GDP).
Generally, economists are of the opinion that the economic growth and development of a particular country is determined by some critical factors.
By consensus among economists, the broad factors for economic growth are;
1. Technology: if well harnessed, technological advancement plays a vital role in the growth and development of a country's economy. An improvement in the application of technology implies that the same level of labor will increase productivity and thus, lowering the cost of economic growth and development.
2. Resources: this would help to boost the level of output or production being made available by a country through the discovery of more resources such as crude oil, land, gold, water, minerals etc.
3. Institutions: creation of institutions that would regulate, support and finance businesses would go a long way in advancing the economic growth and development of a particular country.
Answer:
the marketing manager or director
Explanation:
The marketing manager or director (depends on the organizational layout) is the individual responsible for leading the marketing department or unit of the company. He or she is the one in charge of overseeing and controlling new and existing marketing strategies and campaigns.