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Softa [21]
3 years ago
7

Monte Vista uses the perpetual inventory system. At the beginning of the quarter, Monte Vista has $44,000 in inventory. During t

he quarter the company purchases $10,000 of new inventory from a vendor, returned $1,350 of inventory to the vendor, and took advantage of discounts from the vendor of $340. At the end of the quarter the balance in inventory is $33,500. What is the cost of goods sold
Business
1 answer:
Akimi4 [234]3 years ago
4 0

Answer:

The answer is $18,810

Explanation:

Cost of goods sold equal:

Beginning or opening inventory plus purchases minus ending or closing inventory.

Monte Vista returned some inventories and also took advantage of discount. So this will reduce the cost of total purchases for the quarter.

Total purchase = new purchases minus purchase returns minus any discount enjoyed.

So total purchase is now:

$10,000 - $1,350 - $340

=$8,310

Therefore cost of goods sold is:

$44,000 + $8,310 - $33,500

=$18,810

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dexar [7]

Answer:D) Rational, efficient, ideal organization based on principles of logic.

Explanation:Max Weber was a modern twentieth century Sociologist who proposed the Bereaucracy theory, according to Max Weber, Bereaucracy is the basis for the systematic formation of an organisation and Bereaucracy is designed to ensure efficiency and economic effectiveness is achieved. According to Max Weber, Bereaucracy is an ideal model for management and its administration to bring an organisation's power structure into focus when executing jobs or activities.

Like Max Weber, Tammy shares the same view that Bereaucracy is a Rational, efficient, ideal organization based on principles of logic.

7 0
3 years ago
Research estimates that the cost of health care is ________ higher for high-stress workers then for workers with less stress.
Taya2010 [7]
What are your choices
7 0
3 years ago
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Charra [1.4K]

Answer: Charities; coordinating negotiations among all of the parties too costly

Explanation:

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The type types of private solutions to the pollution externality which has occured is charity. This is because it is a voluntary activity. The money collected is meant for a specific objective which is to tackle the issue of pollution.

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6 0
3 years ago
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s
otez555 [7]

Answer:

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Explanation:

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