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aleksley [76]
2 years ago
10

Carrington Corp. uses a periodic system and the LIFO method. Carrington had beginning inventory of 30 units purchased at $120 ea

ch and made the following purchases during the year: Jan. 15: 34 units at $110 May 30: 61 units at $84 Oct. 20: 160 units at $60 Sales during the year totaled 271 units. What is the cost of ending inventory
Business
1 answer:
dimulka [17.4K]2 years ago
5 0

Answer:

the cost of ending inventory is $1,680

Explanation:

The computation of the cost of ending inventory is shown below:

But first determine the ending units

Ending inventory units is

= 30 units + 34 units + 61 units + 160 units -271 units

= 14 units

Now

The Cost of ending inventory is

= 14 units × $120

= $1,680

hence, the cost of ending inventory is $1,680

And, the same is to be considered

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One ethical dilemma that multinational firms must face is
Oksi-84 [34.3K]

Answer:

Bribery

Explanation:

they must decide whether to pay bribes or find alternative sources of supplies

7 0
2 years ago
Simon is the manager of the editorial department in a publishing company. Every time an editor in his team fails to fix the erro
OLga [1]

Answer:

Feedback control

Explanation:

Feedback control system is used by managers to guage how effectively their employees meet up with target output at the end of the production process.

It compares the output produced to the target output that was set for the employee. There is little consideration for how much the workload is.

In this scenario the manager assigns extra work every time an editor fails to fix errors in the article they are working on.

His main concern is the output of the editors. So when they fail to complete a task he gives them more in order to gain the target output from them

4 0
3 years ago
Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Stock C Boom .15 .39 .49 .29 Goo
Maurinko [17]

Answer:

15.68%

Explanation:

Now to get the expected return of the portfolio, we need to find the return of the portfolio in each state of the economy. This portfolio is a special case since all three assets have the same weight. To find the expected return in an equally weighted portfolio, we can sum the returns of each asset and the we divide it by the number of assets, so the expected return of the portfolio in each state of the economy will be :

Boom: RP= (.13 + .21 + .39) / 3 = .2433, or 24.33%

Bust: RP= (.15 + .05 −.06) / 3 = .0467, or 4.67%

Now to get the expected return of the portfolio, we multiply the return in each state of the economy by the probability of that state occurring, and then sum. In so doing, we get

E(RP) = .56(.2433) + .44(.0467)

=.1568, or 15.68%

8 0
3 years ago
Which of the following terms best represents voluntary actions that violate significant organizational norms and, in doing so, t
Oksi-84 [34.3K]

Answer:

The correct answer is (B)

Explanation:

Deviant workplace behaviour is a voluntary action of the employees that negatively affects the organisational structure and operations. It is a counterproductive behaviour in which employees do not put all the efforts into work and sometimes even withdraw. It goes against the legitimate interest and well-being of an organisation. It also affects other employees, firms and clients.

6 0
3 years ago
Suppose the economy had been producing at Natural Real GDP but is now experiencing a recession. Which of the following are discr
RUDIKE [14]

Answer:

Part 1. Additional spending on national park facilities & A tax cut is the answer.

Part 2. Expansionary

Explanation:

The Natural level of real GDP is also associated with the natural rate of unemployment. When the real gdp < natural real gdp, the economy is said to be in a recession. Thus unemplyment rate is> natural rate of unemployment.

Reason is as follows:

A tax cut, depends if its permanent or not (to see the difference between short and long run effects). However, for this scenario, a tax cut should give consumers more disposable income, which would increase consumption, thus increasing total output. The opposit effect would happen for a tax increase. Hence a tax cut is a policy that could bring gdp near natural GDP.

A reduction in government purchases would lower G, which would lower Y too. so all else equal, a reduction in government purchases wouldn't help increase output, rather it may fall instead. So this is not a solution for bringing actual gdp near natural GDP.

Additional spending on national park facilities:- Will increase income of someone or the other and thus would create extra demand . Thus it would give some consumers more disposable income, which would help them increase C, thus would be increasing total output. So this is can be a solution for bringing actual gdp near natural GDP.

7 0
3 years ago
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