Answer:
B. $527,214
Explanation:
Calculation to determine the cost of goods available for sale
Beginning inventory $95,000
Add Inventory purchased $440,000
Add Freight charges $9,100
Less Merchandise returned ($3,800)
Less Discounts ($13,086)
[($440,000 – 3800) x 3%)]
Cost of goods available for sale $527,214
Therefore Cost of goods available for sale is $527,214
Answer:
$ 9153
Cash 1,209 debit
bank service expense 37 debit
account receiable 1,246 credit
--to record bank reconciliation--
Explanation:
The objective of the reconciliation is to adjust for the unknow information to each party:
CASH
Beginning Balance 7944
Service Charge -37
collection <u> 1246 </u>
Adjusted Balance 9153
Adjustment to cash: 9,153 - 7,944 = 1,209
The company adjust for the service charge and the collection done by the bank as it wasn't recored in the books
BANK
Balance 7923
Outstanding Check -600
Deposit in transit <u> 1830 </u>
Adjusted Balance 9153
The bank uis unaware of the check until the person goes and cleare it. Same is true for the deposit in transit.
Answer and Explanation:
The computation of the amount of the product and period cost is shown below:
Given that
Total Payment made for Three Years = $3,120
Per Year Payment is
= $3,040 ÷ 3 years
=$1,040
Now
90% of the per year payment is allocated to manufacturing operations
= $1,040 × 90%
= $936
And, 10% is Applied to Selling and Administrative Activities
= $1,040 × 10%
= $104
So, the product and period costs for the first year of coverage are $936 and $104 respectively.
1. For a result to be statistically significant means that the probability of the results observed been due to chance is very low or impossible. For a result to be statiscally significant means that the differences observed between the experimental group and the control group of the experiment is not due to chance or sampling errors.
Practical significance refers to how practical it is to convert a result observed in the laboratory to use in real world scenario. The difference observed between two variables in an experimental set up may be so small that it may not be worth it to produce it on a large scale for human use.
Thus, the difference between statistical and practical significance is that statistical significance indicates the difference between two variables while practical significance determines if the results is worth been reproduce on large scale.
2. YES, a treatment can have statistical significance but have no practical significance. This means that, even though the treatment is effective, due to some reasons it is not worth it or practical to produce it on a large scale.
Answer:
because it is
Explanation:
it is correct because the way people are
