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Alex73 [517]
3 years ago
12

A manufacturing company has a beginning finished goods inventory of $15,400, raw material purchases of $18,800, cost of goods ma

nufactured of $34,100, and an ending finished goods inventory of $18,600. The cost of goods sold for this company is:
Business
1 answer:
cupoosta [38]3 years ago
8 0

Answer:

$30,900

Explanation:

The beginning finished goods is $15,400

Raw materials purchased is $18,800

The cost of goods manufactured is $34,100

Ending finished goods is $18,600

Therefore the cost of gods can be calculated as follows

= 15,400+34,100-18,600

= 49,500-18,600

= 30,900

Hence the cost of goods sold by the company is $30,900

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Broker

Explanation:

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Cheers.

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A relatively low saving rate affects productivity growth by: a. decreasing consumption spending and increasing investment in hum
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C) causing a shortage of funds for investment in physical capital.

Explanation:

In economics, savings equals investment. Higher investments result in higher productivity, that is why the savings rate of a country is the single most important factor in determining future economic growth.

Low savings rate means that current consumption is very large, and that benefits economic growth on the short run (very short run, like 1 or 2 years), but future economic growth will suffer from it.

Imagine your house as the total economy of a nation. You earn $1,000 per month and must decide how much to spend right now and how much to save for future spending. If you spend the $1,000 right now, you will purchase several things and enjoy them immediately. But what happens in one or two weeks. Since you do not have any more money left, you cannot purchase anything else, which reduces your future joy.

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3 years ago
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Explain what the implications are to the Canadian economy if the brain drain is not stopped? Within the implications, consider t
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Answer:

Low tax collection, low working population

Explanation:

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If a business is not making a profit, the entrepreneur knows that ________. no one wants to buy the product/service he/she is no
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3 years ago
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Answer:

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