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
Alisiya [41]
4 years ago
13

A car dealer acquires a used car for $14,000, with terms FOB shipping point. Compute total inventory costs assigned to the used

car if additional costs include $250 for transportation-in. $300 for shipping insurance. $900 for car import duties. $150 for advertising. $1,250 for sales staff salaries. $180 for trimming shrubs.
Business
1 answer:
wel4 years ago
7 0

Answer:

The total inventory cost assigned to the used car would be 15,450 dollars.

Explantion:

As per accounting standards only directly attributable expenses become parts of inventory cost. In others words selling, admin and distribution cost cannot become part of asset and is recognized as an expense in the period in which they are incured.

SO the total inventory cost includes

Car cost = 14000 dollars

Transportation cost = 250 dollars

Shipping insurance = 300 dollars

Import duties = 900 (it is assume that these duties are non refundable)

Advertisement, sales staff salaries and trimming shrubs cost are recognize as expense in the relevant period.

You might be interested in
Ryan has written some kpis to help his fitness centres achieve the business goal of "improving overall client satisfaction". Rev
scoundrel [369]

The requirements that can be met are as follows :-

"A score of 85% or above on the question in the yearly survey Would you refer a friend to this gym"?

"Ensure that 90% of new gym members schedule an introductory session during the first two weeks of their membership".

Thus option third and fourth are correct.

<h3>What is KPIs?</h3>

A performance indicator, often known as a key performance indicator, is a sort of performance metric. KPIs assess the success of a business or a specific activity in which it participates.

Specific, quantifiable, realistic, relevant, and time-bound requirements can be fulfilled by "A score of 85% or higher on the yearly survey question Would you recommend this gym to a friend? "? "Make sure that 90% of new workout members book an initial session within the first 2 weeks of joining."

Therefore, it can be concluded that  option third and fourth are correct.

Learn more about KPIs here:

brainly.com/question/8326923

#SPJ4

Your question is incomplete, but most probably the full question was….

List of options:-

  1. Ensure 80% of clients use the gym’s online system to book personal training appointments
  2. Increase how much money customers spend in the gym’s juice bar
  3. A score of 85% or more in the annual survey for the question ‘Would you recommend this gym to a friend?’
  4. Ensure 90% of new gym members book an induction session within the first two weeks of joining
3 0
2 years ago
The 2015 American Time Use survey contains data on how many minutes of sleep per night each of 10,900 survey participants estima
PolarNik [594]

The population is the 10,900 respondents to the American Time Use Survey.

Explanation & Solution:

Statistics indicate that a large number of findings with similar features are related to in the population.

A sample is a subset from which it has been extracted.

"The American Time Usage survey for 2015 provides details about how many minutes of sleep every evening are assigned to each of 10,900 survey respondents.

An SRS of 100 participants (a plain random sample) has x = 514.4 minutes on average.

The size of the U.S. Time Utilization Survey is 10,900.

7 0
3 years ago
The Marchetti Soup Company entered into the following transactions during the month of June:
sammy [17]

Answer:

Kindly find the following transactions of  Marchetti Soup Company during the month of June below in the Explanation section

Explanation:

Solution

 Transaction      Account Title              Debit       Credit

    1.                   Inventory              165,000

                          Accounts payable                     165,000

    2.             Salaries expense            40,000

                                    Cash                                 40,000

    3.             Accounts receivable      200,000

                                    Sales                                200,000

               Cost of merchandise sold   120,000  

                                Inventory                              120,000

     4                            Cash                 180,000  

                           Accounts receivable                 180,000

     5                  Accounts payable      145,000  

                                   Cash                                   145,000

3 0
3 years ago
There are 100 used laptop g for sale on the market. 40% of them are in good condition, and the rest of them are broken, which is
NNADVOKAT [17]

Answer:

In equilibrium the maximum price set for a broken laptop to be sold is $600

Explanation:

According to the given data we have the following:

It is given that 40% laptops are in good condition. This implies that 60% are in bad condition.

In ordert to calculate the maximum price set for a broken laptop to be sold we would have to calculate the expected price that the buyers will be willing to pay for a  laptop as follows:

Expected price=0.60($2000)+0.40($600)

Expected price=$1,200+$240

Expected price=$1,440

As the owners of good laptops are willing to sell their laptops for $1,800, whis is more that $1,440, they will not sell their products.

This implies that only bad laptops are sold in the market. The willingless to pay for the bad laptops is $600

Therefore, In equilibrium the maximum price set for a broken laptop to be sold is $600

7 0
3 years ago
John operates a running shoe company and has decided to segment his market into professional track runners, trail runners and re
kkurt [141]

The correct option is (c) benefit segmentation.

Benefits segmentation is a sort of market segmentation that divides consumers into groups according to the advantages and perceived worth of the products and services they can purchase. Additionally, it might entail classifying clients in accordance with functional advantages such features, quality, and customer service.

Benefit segmentation is a technique for market segmentation that entails dividing your customer base into groups according to the benefits customers perceive they will get from your product. This may entail classifying consumers in accordance with their perceived value for things like quality, features, customer service, etc.

Learn more about Benefits segmentation  here

brainly.com/question/16968586

#SPJ4

6 0
2 years ago
Other questions:
  • Expert systems have been most successful when the range of the human expertise being replicated is?
    6·1 answer
  • A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350
    13·1 answer
  • What is psychology? ​
    6·2 answers
  • Nevada Boot Co. reported net income of $217,400 for its year ended December 31, 2018. Purchases totaled $152,800. Accounts payab
    8·1 answer
  • The ____ is where a transaction can first be found on the accounting records. a. chart of accounts b. balance sheet c. income st
    11·1 answer
  • Interest groups will fight to protect and extend existing social arrangements when they are viewed as beneficial to their member
    13·1 answer
  • A company purchased factory equipment for $250,000. It is estimated that the equipment will have a $25,000 salvage value at the
    5·1 answer
  • If the book value per share is $40 and the market price is 52.50 per share calculate the required rate of return on the stock.
    12·1 answer
  • What is an advantage of using credit cards? (Select the best answer.) Credit cards are protected from loss or theft. Credit card
    10·1 answer
  • 3 tips you give someone who is about to invest their money<br> for the first time
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!