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S_A_V [24]
2 years ago
8

What is the drawback of carrying more inventory than is needed?

Business
2 answers:
lbvjy [14]2 years ago
7 0

Answer:

One of the most important disadvantages of excess inventory is the loss of revenue. Products depreciate over time and lose their initial value. So the longer you hold a product, the cheaper it gets.

ohaa [14]2 years ago
7 0

Answer:

too many resources can be tied up in the inventory

Explanation:

ape x

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The unadjusted and adjusted trial balances for American Leaf Company on October 31, 2018, follow:
Rashid [163]

Answer:

1. Dr Accounts Receivable $6

Cr Fees Earned $6

2. Dr Supplies Expense $3

Cr Supplies $3

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

5. Dr Wages Expense $2

Cr Wages Payable $2

Explanation:

Preparation of the five journal entries that adjusted the accounts at October 31, 2018.

1. Dr Accounts Receivable $6

Cr Fees Earned $6

($44-$38)

(To Accrued fees earned)

2. Dr Supplies Expense $3

Cr Supplies $3

($10-$7)

(To record Supplies used)

3. Dr Insurance Expense $12

Cr Prepaid Insurance $12

($22-$10)

(To record Insurance expired)

4. Dr Depreciation Expense $5

Cr Accumulated Depreciation—Equipment $5

($12-$7)

(To record Equipment depreciation)

5. Dr Wages Expense $2

Cr Wages Payable $2

($2-$0)

(To record Accrued wages)

4 0
2 years ago
(True) or (False)? Goods in-transit to a buyer should be counted as buyer’s inventory if they were shipped FOB destination.
Artemon [7]

Answer:

Correct answer is FALSE

Explanation:

FOB Destination transfers ownership of the goods to the buyer after the goods reached to its destination (either in the buyer’s warehouse or any place stated in the contract to be delivered). Thus, goods in-transit under FOB destination still belongs to the seller and not to the buyer yet. Moreover, it should not be included to buyer’s inventory because the title of ownership of the said goods still belongs to the seller at the time of transit.

5 0
3 years ago
As a general rule what percentage of debt to gdp will make a government bond yields spike
Andreyy89

There is NO general rule for the percentage of debt to gdp that will make a government bond yields spike

5 0
3 years ago
Read 2 more answers
Benny Company budgeted 610 pounds of direct materials costing​ $18.00 per pound to make​ 8,000 units of product. The company act
docker41 [41]

Answer:

-$720 unfavorable

Explanation:

The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $18 per pound × (610 pounds - 650 pounds)

= $18 per pound × -40 pounds

= -$720 unfavorable

Simply we take the difference between the standard quantity and the actual quantity and then multiply it by the standard price so that the correct value can come

6 0
3 years ago
For this assignment, find an article you enjoy reading about.
hodyreva [135]

Answer:

Amerex Halon 1211.

 Explanation: A short summery would be that, the article and the video with it show just how effective this clean fire fighting agent really is on all classes of fire. It shows how it is made along with what it is best suited in. The article goes onto state that Halon 1211 ( pronounced Halon Twelve Eleven) is much more safer to the ozone layer. Halon 111 ( pronounced halon  One Eleven) is an ozone depleting agent. Now Halotron is a much improved Halon 1211. The video and article go over every part of the unit, and what places it needs to be stored, and also prices.

   My thoughts and opinions are that I agree. I have a older Amerex  Halon 1211 extinguisher. I used it once on a fire showing my friend who`s dad worked with computers and needed a clean  extinguishing agent that did not leave residue behind. But while Halon 1211 is great, Halotron is much better! It is overall more effective and is better for the ozone, even though Halon 1211 barley harms the ozone to an extent that does it even do it. I am am a proud user and recommend their fire extinguishers and other products. Yes I am in the 7th grade, but when their is a product this good, what`s to say? The article and video just show how great the product and other products are! Another thing, they are affordable, so what I am saying, I agree with Amerex`s products! Hope you do great on your writing grade!

8 0
3 years ago
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