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ddd [48]
3 years ago
5

Concord uses the periodic inventory system. For the current month, the beginning inventory consisted of 7400 units that cost $10

.00 each. During the month, the company made two purchases: 3000 units at $11.00 each and 11900 units at $11.50 each. Concord also sold 12800 units during the month. Using the FIFO method, what is the ending inventory
Business
1 answer:
Mars2501 [29]3 years ago
8 0

Answer:

$109,250

Explanation:

FIFO assumes that the units to arrive first, will be sold first. Therefore, inventory valuation is based on later or recent prices.

Step 1 : units in ending inventory

Ending Inventory =  units available for sale - units sold

                             =  9,500

Step 2 : inventory value

Ending Inventory = 9,500 x $11.50 = $109,250

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TEA [102]

Answer:

The answer is c. $40,700.

Explanation:

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Thus, these costs include the following cost items:

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3 0
4 years ago
If a manager rates an employee higher than he or she deserves in order to look good as a manager in the eyes of his or her own s
Reika [66]

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that this scenario best illustrates the concept known as organizational politics. This refers to self-serving behaviors that individuals within a company use in order to increase the likely-hood of obtaining positive results in an organization. Which is what would happen if a manager rates an employee higher, they would end up looking like a good manager that is doing their job correctly because the employees are performing efficiently.

4 0
3 years ago
Assuming a speed limit is 105 km/hr, what is this in miles per hour
blagie [28]
105 km/hr is the same as 65.244 miles per hour.  You can do this by doing unit conversions until you get the satisfied units.  Then you multiply and reduce the fraction.  In this case, the answer is 65.244 miles per hour.
3 0
3 years ago
Timothy works at Sunshine Mailing, a daily newspaper, and is responsible for editing the sports column. Chloe, Timothy's manager
Anastasy [175]

Answer:

B) Job Enlargement    

Explanation:

Job enlargement refers to addition of different tasks and activities to the already existing job responsibilities of an individual, at the horizontal level. Such practice enhances job scope and also referred to as horizontal job expansion.

Job enlargement increases the job responsibility and at the same time breaks the monotony of performing the same routine tasks as new job responsibilities are added.

Such an activity also promotes creativity and develops employee skills w.r.t new tasks and activities.

In the given case, an employee has been assigned an additional column for editing apart from the usual sports column he handles. This is a case of job enlargement wherein, the existing job has been enlarged owing to the additional responsibility which has been assigned.

5 0
3 years ago
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sergiy2304 [10]
<span>An example of globalization of production is Toyota opening a factory in kentucky.</span>The expression "globalization" portrays the expanded portability of products, administrations, work, innovation and capital all through the world and vertical coordination of assembling and exchange on a worldwide level. Globalization of production alludes to the sourcing of merchandise and enterprises from areas around the world to exploit national contrasts in the cost and nature of elements of generation like land, work, and capital.
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