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Svetradugi [14.3K]
3 years ago
5

Which of the following best shows how the farmer’s records can help develop an accurate yield estimate in the scenario below?

Business
1 answer:
DENIUS [597]3 years ago
5 0

Answer:

A

Explanation:

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DJFats Company determined that the 2019 ending inventory had been overstated by $11,200 AND that the 2019 beginning inventory wa
horrorfan [7]

Answer:

a. $103,400

Explanation:

As we know that

Cost of goods sold = Beginning inventory + purchases - ending inventory

And,  

Gross profit = Sales revenue - cost of goods sold

Since in the question it is given that

The ending inventory and beginning inventory had been overstated by $11,200 and $6,600 respectively

Since overstatement in the initial inventory raises the cost of the goods sold and decreases by that amount the gross profit & net income

And, overstatement in ending inventory reduced cost of goods sold and raised gross profit & net income by that amount.

So for overstated ending inventory the amount should be deducted and for overstated beginning inventory the condition would be reverse

So, the correct amount is

= incorrect pretax net income + overstatement in beginning inventory - overstatement in ending inventory

= $108,000 + $6,600 - $11,200

= $103,400

6 0
3 years ago
Which formula should be used to correctly calculate the<br> monthly mortgage payment?
Charra [1.4K]
What’s the question
7 0
3 years ago
What are Inventions That i could make that Could Change The World
vesna_86 [32]
Inventions usually start out with a small idea. Just like the story for honey bunches of oats, his daughter smiled because she knew he was up to something (and they never ever knew they would become very famous with their cereal). 

Since many people are dying from diseases, you could make an invention that rates how close you are to get that disease. It could warn you on when you might get it (for example, it tells you that a person behind you has a flu, so make sure to stay away from that person.). 

It would be called 'The-World-Is-Healthy' because it would decrease the spread of disease. 

That would change the world. 
7 0
3 years ago
Read 2 more answers
13. The primary difference between GDP and Real GDP is
professor190 [17]

Answer:

I think option D is correct

3 0
3 years ago
The only variable input a janitorial service firm uses to clean offices is workers who are paid a​ wage, w, of ​$88 an hour. Eac
slamgirl [31]

Answer:

Answer : Average Marginal Cost, Marginal Cost = $2

The total cost per hour of the janitorial service firm = $32

Explanation:

The janitorial firm only uses labour as an input to clean offices and there are no fixed costs. This implies that the total cost is only the variable cost.

Each worker can clean 4 offices in an hour, therefore the output of each labour is 4units per office cleaned. The price/wages paid to each worker isb $8 per hour.

The total cost per hour of the janitorial service firm is $8x4 = $32 (wxq)

Now to clean one more office, the time required will be 15minuites, because each worker can clean 4 offices in an hour. To clean one more office , each worker will be paid $2($8/4)

The variable cost/total cost, average variable cost and the marginal cost of cleaning one more office will be

Variable cost =w.q = 2q

Average Variable Cost = VC/q = 2q/q = $2

sine the marginal cost also varies directly as the average marginal cost , the Marginal Cost is $2

3 0
3 years ago
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