1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ladessa [460]
2 years ago
13

Use the following information about the current year's operations of a company to calculate the cash paid for merchandise.

Business
1 answer:
Deffense [45]2 years ago
6 0

Answer:

$727,000

Explanation:

Calculation of cash paid for merchandise

Cost of goods sold

$735,000

Add:

Merchandise inventory, December 31

$82,400

Less:

Merchandise inventory, January 1

($84,700)

Purchases during the period

$732,700

Add:

Accounts payable, January 1

$54,500

Less:

Accounts payable, December 31

($60,200)

Cash paid for merchandise

$727,000

You might be interested in
The Sand Cruiser is a takeout food store at a popular beachside resort. Teresa Texton, owner of the Sand Cruiser, was deciding h
Vanyuwa [196]

Answer: $6.2

Explanation: Contribution margin is the amount of revenue left after paying for the variable cost, it can be formulated as follows :-

contribution =  sales - variable cost

In case of Limeade:-

sale price = $22.10

Variable cost = $15.90

so, putting the values into equation we get :-

contribution per foot = $22.10 - $15.9 = $6.2

5 0
3 years ago
Consultants notified management of Goo Goo Baby Products that a crib toy poses a potential health hazard. Counsel indicates that
Vlad1618 [11]

Answer:

Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.

Explanation:

Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.

In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.

8 0
3 years ago
hatch pattern optimization of powder bed fusion additive manufacturing process for minimizing flatness error
Akimi4 [234]

In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product. Optimization of process parameters is one of the ways to achieve desired quality of a part.

In addition to prototyping, Powder Bed Fusion (PBF) AM processes have lately been more widely used to manufacture end-use parts. These changes lead to necessity of higher requirements to quality of a final product.

Optimization of process parameters is one of the ways to achieve desired quality of a part. Finite Element Method (FEM) and machine learning techniques are applied to evaluate and optimize AM process parameters. While FEM requires specific information, Powder Bed Fusion Machine Learning is based on big amounts of data. This paper provides a conceptual framework on combination of mathematical modelling and Machine Learning to avoid these issues.

Learn more about Powder Bed Fusion here

brainly.com/question/28322914

#SPJ4

8 0
2 years ago
The controller of Hendershot Corporation estimates the amount of materials handling overhead cost that should be allocated to th
MAXImum [283]

Answer:

$14,506

Explanation:

Calculation to determine what the total materials handling cost allocated to the wall mirrors is closest to:

First step is to calculate Material handling cost per labor hour

Material handling cost per labor hour = $16,754.50 / [(12,900 * 9) + (1,500 * 12)]

Material handling cost per labor hour =$16,754.50/(116,100+18,000)

Material handling cost per labor hour = $16,754.50/134,100

Material handling cost per labor hour =0.124940

Now let calculate the Materials handling cost allocated to wall mirrors

Materials handling cost allocated to wall mirrors = 12,900 *9*0.124940

Materials handling cost allocated to wall mirrors = $14,506

Therefore the total materials handling cost allocated to the wall mirrors is closest to:$14,506

8 0
3 years ago
Gary is the marketing manager for an automobile dealership. his boss tells him the firm's primary goal is to increase its local
Ksju [112]
His firm is using a sales orientation
Sales orientation refers to a business technique that rely on it's selling and persuasion technique as their main source of income.
Company that use sales orientation usually sold a type of product that is high in price and not commonly bought by the costumers in large quantity.
7 0
3 years ago
Other questions:
  • Glenda is in the ninth grade, and she loves to write and share events that take place around her. She wants to become a journali
    6·1 answer
  • Ken went to the store for his mother. He spent $2.37 on groceries. In addition, his mother said he could spend $0.35 on candy. W
    11·1 answer
  • When Ingrid was selling her house, she contacted Gabe, her real estate agent, to help her with the sale. Gabe's services include
    5·1 answer
  • Milton Friedman argued that consumers are more likely to alter their behavior based on..
    9·1 answer
  • The Federal Open Market Committee promotes price stability and economic growth through
    8·2 answers
  • What is moral hazard? It refers to the actions people take before they enter into a transaction so as to mislead the other party
    9·1 answer
  • The IRR rule states that firms should accept any project offering an internal rate of return in excess of the cost of capitalA.
    10·1 answer
  • Predict: How might learning tasks that are not part of your regular job make you a more valuable employee ?
    15·2 answers
  • The income elasticity of demand for peanut butter is 0.1. From this, we know that peanut butter is a(n) __________ because _____
    11·1 answer
  • Critically analyse howexternalnfactors affect entrepreneurship . Support your answer with contemporary examples
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!