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artcher [175]
3 years ago
13

Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases

during the month of January were as follows: Quantity Unit Cost Total Cost Beginning inventory (Jan. 1) 16 $ 10 $ 160 Purchase (Jan. 11) 14 $ 12 168 Purchase (Jan. 20) 23 $ 15 345 Total 53 $ 673 - On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the LIFO cost flow assumption, the 28 units of this product in inventory at January 31 have a total cost of:
Business
1 answer:
tiny-mole [99]3 years ago
8 0

Answer:

$304

Explanation:

LIFO means last in first out. It means that it is assumed that it is the last purchased inventory that is the first to be sold.

There was a total of 53 inventories before any sales. The 25 units sold would be sold from the last purchased inventories. That is the inventory purchased on Jan 20 and 11.

The remaining inventory =

12 × $12 = $144

16 × $10 = $160

Total = $304

I hope my answer helps you

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An investor who was not as astute as he believed invested $276,500 into an account 9 years ago. Today, that account is worth $21
Dimas [21]

Answer:

The annual rate of return is -2.83%

Explanation:

The annual rate can be calculated from the formula FV=PV*(1+r)^N

Where FV is the future value of the investment

PV is the amount invested which is $276,500

N is 9 years

213600=276,500*(1+r)^9

213600/276500=(1+r)^9

divide index on both sides by 9

(213600/276500)^1/9=1+r

(213600/276500)^1/9-1=r

r=-0.02827109

r=-2.83%

Hence the annual rate of return on the investment is -2.83%, which means the investment depleted by 2.83% from initial invested amount of $276,5000 to $213,600 after nine years

6 0
3 years ago
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The manager of a large hotel refuses to rent a room to a blind person with a guide dog. What California Fair Housing law has the
Anvisha [2.4K]

Answer:

<u>Unruh Civil Rights Act</u>

Explanation:

Remember, in the United States individual states often enact their own laws. One such law is the Unruh Civil Rights Act that protects persons with disabilities.

By his actions the Hotel Manager has violated the California fair housing law under the Unruh Civil Rights Act which mandates that;

All persons irrespective of their disability are <em>entitled</em> to full and equal accommodations or fair housing privileges or services in all business establishments of <em>every</em> kind whatsoever.

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Which of the following factors has been shown to be a cause of HIGH levels of absenteeism in a firm?
hram777 [196]

Answer:

d. Work-life balance issues

Explanation:

When people have work-life balance issues then the chances are high that there will be more number of absenteeism in a firm. Work-life balance is one the important domain which needs to addressed in order to make workers productive and effective at the workplace. It is simply not possible that if one employees is having some issues at home and he will be productive at the workplace. How is this possible that if an employees wife is hospitalized and he is present at work and doing his work with motivation, devotion and focus, consequently, an organization should consider their employees family related issues as well in order to make them more effective and productive.

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What is absolute advantage
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In economics, the principle of absolute advantage refers to the ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.

hope it helps

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3 years ago
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Flexible Budgeting At the beginning of the period, the Fabricating Department budgeted direct labor of $72,000 and equipment dep
kramer

The budget for the department, assuming that it uses flexible budgeting is: $89,000.

<h3>Total Department Costs</h3>

First step is to calculate the direct labor cost

Direct Labor =2350 hours x( $72,000/2400)

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Second step is to calculate the Total Department Costs

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Learn more about Total Department Costs here:brainly.com/question/26656438

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