This scenario best illustrate Backward vertical integration
Explanation:
Backward integration is a vertical integration that extends the role of a organization to perform roles traditionally performed by firms in the supply chain.
In other terms, backward integration is where an enterprise imports another company providing the necessary goods or services for production.
For examples, an company might purchase the product or raw materials manufacturer. Businesses often complete retrograde incorporation of these other businesses or combine of them. However, they may set up their own divisions to perform this mission.
Answer:
The answer is: Gross profit = $2,788
Explanation:
- Feb. 1 Purchase 110 units $46 per unit
- March 14 Purchase 190 units $48 per unit
- May 1 Purchase 135 units $ 50 per unit
312 units were sold at $64 per unit, tax rate is 30%
Using FIFO, what is the company's gross profit? We first calculate COGS
Cost of goods sold - 312 units:
- 110 units at $46 per unit = $5,060
- 190 units at $48 per unit = $9,120
- 60 units at $50 per unit = $3,000
Total COGS = $17,180
<u>Income statement for Hogan Industries 2017</u>
Total revenue $19,968
<u>COGS ($17,180) </u>
Gross profit $2,788
<u>Taxes 30% ($836.40) </u>
Net profit $1,951.60
An hour early to work. if you are 15 minutes late your fired. i go by if you early your on time. if your on time your late. if you late your fired.
Answer:
C
Explanation:
The consumers associated the saying with the Doritos brand.
Food production is a global thing
Restaurants and culinary schools are mainly places that Are not global such as Stacy's is a great Restaurant that is probably in only few states.
(idk if this is right but i hope it is)
