Which examples demonstrate common qualifications for Security and Protective Services careers? Check all that apply.

he units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 22 units @ $29 $638 June 16 Purc

Mama L [17]

Answer:

Thus, difference in gross profit = $144 + $144 = $288

Profit as per FIFO is higher than profit as per LIFO

Explanation:

In the given case, as per both the methods computation shall be as follows:

Date Quantity Rate Amount

Mar 1 22 units $29 $638

Jun 16 31 units $30 $930

Nov 28 41 units $37 $1,517

Total 94 units $3,085

Closing units = 18

That means sales = 94 - 18 = 76 units

Thus as per LIFO cost = 41 units @ $37 + 31 units @ $30 + 4 units @ $29

= $2,563

Closing stock = 18 units @ $29 = $522

As per FIFO cost = 22 units @ $29 + 31 units @ $30 + 23 units @ $37 = $2,419

Closing stock = 18 units @ $37 = $666

Thus, difference of closing stock = $666 - $522 = $144

Profit as per FIFO is higher by $144

Cost is higher in LIFO by $2,563 - $2,419 = $144

Thus, difference in gross profit = $144 + $144 = $288

6 0

4 years ago

byu 220 in gibbons v. ogden, the supreme court ruled that rail companies could not purchase farmland without the consent of farm

sukhopar [10]

In Gibbons v. Ogden, the Supreme Court ruled that rail companies D. states could not restrict trade within their jurisdictions.

Under the constitution, rail companies have the electricity to make all laws that shall be vital and proper for carrying into execution the foregoing powers. Aaron Ogden was given permission to function his steamboats in the big apple. Thomas Gibbons changed and allowed to function his steamboats in the big apple.

The ruling in Gibbons v. Ogden asserted Congress's authority to adjust interstate trade on the idea of the Supremacy Clause. It set a precedent that Congress had the strength to overturn country rules if interstate commerce were worried.

The case introduced mild the problem of the trade Clause of the united states charter. It changed into a question of whether or not Congress ought to adjust positive factors of trade. It averted states from establishing similar monopolistic rail companies' legal guidelines, encouraging an increase in steamboat journey and cargo delivery. This increased change opportunities between states, boosting states' economies.

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8 0

2 years ago

. Assume you are participating in your employer's direct deposit program. On payday, the employer deposits your ________ into yo

Tems11 [23]

On pay day, the employer deposits your NET SALARY into your bank account.
Direct deposit program is a salary payment program in which an employer works together with the bank to deposit the employees salary directly into their accounts on the pay day of each month.

7 0

3 years ago

The entry to record the issuance of a note receivable is ______. Multiple choice question. debit Notes Receivable and credit Cas

nlexa [21]

The entry to record the issuance of a note receivable is debit Notes Receivable and credit Cash.

<h3>What is Note Receivable ?</h3>

A note receivable is an asset account tied to an underlying promissory note, which details in writing the payment terms for a purchase between a “payee” (typically a company, and sometimes called a creditor) and the “maker” of the note (usually a customer or employee, and sometimes called a debtor).

The journal entry for interest on a note receivable is to debit the interest income account and credit the cash account.

Notes receivable are a balance sheet item that records the value of promissory notes that a business is owed and should receive payment for. A written promissory note gives the holder, or bearer, the right to receive the amount outlined in the legal agreement.

Learn more about Note Receivable on:

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5 0

2 years ago

Which of the following describes a public

Oksana_A [137]

D is correct. Jorge is the only one who is actually an accountant, and he works for a nonprofit, which is set to benefit the public.

4 0

1 year ago