You can do this by going in a competition or by collecting fund or by selling some of your old items to some one who you know
Answer:
$441,000
Explanation:
The computation of the cost of merchandise sold is shown below:
Cost of merchandise sold = Opening inventory + net purchase - ending inventory
where,
Opening inventory = $14,500
Net purchase is
= $475,000 - $15,000 - $9,000 + $7,000
= $458,000
And, the ending inventory is $31,500
So, the cost of merchandise sold is
= $14,500 + $458,000 - $31,500
= $441,000
Answer:
The producer is experiencing diminishing marginal product.
Explanation:
The law of diminishing return explains that every additional unit consumed will have less utility/return than the previous one. Same is the case with labor productivity. The first unit of labor will yield maximum return, every additional unit will result in lesser return/productivity than the previous unit. The will continue up to the point of maximum return. After that point adding additional resources will yield less total output.
I believe it is to make sure employees can pay their taxes.
Hope it helps!
<u>Solution and Explanation:</u>
The following guidelines as per the previously issued FASB statements of the Financial Accounting Standards, and APB Opinions, or the accounting research bulletins and the staff positions.
<u>The appropriate match for the each of the pronouncement is as follows:
</u>
1. E (Interpretations)
2. C (Technical Bulletins)
3. B (Opinions)
4. D (Statements of Financial Accounting Concepts)
5. G (Accounting Research Bulletins)
6. A (The statements of the Financial Accounting Standards)
7. F (The Staff Positions)
