Which of the following skills is necessary for a market researcher?

Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 23 units $16 5 Sale 1

Allisa [31]

Answer:

(a) the cost of the goods sold for the September 30 sale and

COGS = $415

(b) the inventory on September 30.

Ending inventory = 9 units at $17 = $153

Explanation:

date transaction units unit price total

1 beginning inv. 23 $16 $368

5 sale -13 ($208)

17 purchase 24 $17 $408

30 sale -25 ($415)

30 ending inv. 9 $17 $153

When we use first in, first out (FIFO) inventory method, the price of the units sold are calculated using the oldest units in inventory.

The COGS of the units sold on Sept. 5 = 13 units x $16 = $208

The COGS of the units sold on Sept. 30 = (10 units x $16) + (15 units x $17) = $160 + $255 = $415

Ending inventory = 9 units at $17 = $153

4 0

3 years ago

A firm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the applia

KengaRu [80]

For amounts over 35,000 units, in house option A is cheaper.

Find the break even quantity (aka make the equations equal) of the outside vendor compared to each in-house option.

Vendor vs in house option A:

10x = 175,000 + 5x (subtract 5x from both sides)

5x = 175,000 (divide by 5)

x = 35,000 units

vendor is cheaper than option A up to 35,000 units

Vendor vs. in-house option B

10x = 190,000 + 4x (subtract 4x from both sides)

6x = 190,000 (divide by 6)

x = 31,667 (rounded to nearest unit)

vendor is cheaper than option B up to 31,667 units

7 0

3 years ago

What impacts the growth of small business

In-s [12.5K]

Answer:

Variation in size, scope and buoyancy of demand in local markets is likely to affect growth opportunities. ... A business set up to exploit an identified market opportunity would be expected to have stronger growth orientation than one set up as a result of 'push' factors such as a lack of alternative opportunities.

8 0

3 years ago

In an analysis of 755,000 divorces in 11 different countries, divorce was associated with a reduction in

Whitepunk [10]

The answer to this question is life expectancy.

Life expectancy is defined as the average amount of time an organism (in this case, a human being) is expected to live based on his or her demographic factors, such as age and gender.

Thus, based on the conducted analysis in the question, it can be said that a divorced individual will not live as long as a married individual. However, you need to remember that this is correlational research, thus it cannot be said that divorce causes people to die earlier.

8 0

3 years ago

A ______ tax structure applies the same tax rate to all levels of income, while a ______ tax structure applies higher tax rates

valina [46]

1. Proportional taxation applies where the same tax rate is used no matter the level of income.

2. A progressive tax structure uses higher tax rates with increases in the tax base.

3. A regressive tax structure applies lower tax rates despite increases in the tax base.

<h3>The differences between the tax structures</h3>

The implication of the above explanations is that a progressive tax system takes a larger percentage of income from high-income groups than from low-income groups. A proportional tax system takes the same percentage of income from all income groups, while a regressive tax structure operates from the opposite angle, taking a larger percentage of income from low-income groups than from high-income groups.

Thus, one of these three tax structures may be prevalent in some countries of the world.

Learn more about the progressive, proportional, and regressive tax structures here: brainly.com/question/13701600

3 0

2 years ago