Answer:
C) Cost of Goods Available for Sale
Explanation:
Cos of goods available for sale appears in income statement made under periodic Inventory system but it does not in the income statement made under perpetual inventory system. In per periodic system COGS is calculated by adjusting purchases, allowances for purchases, freight and all other cost to cost of goods available for sale. By deducting closing inventory we calculate the COGS. On other hand in perpetual system purchases are added in the opening and purchase return and closing inventory deducted to reach at COGS.
the correct answer, i believe is d fixed expenses
Answer: Sell before assembly, the company will be better off by $1 per unit.
Explanation:
To solve the above question, we need to calculate the incremental profit or loss first. This will be:
= After assembling sales value - Unassembled unit sales value - Coat if further processing
= $87 - $62 - $26
= -$1
Since there is an incremental loss of $1, then the correct answer is "Sell before assembly, the company will be better off by $1 per unit".
Answer: product specifications
Explanation: In simple words, product specifications refers to the criteria which is used to decide the products that one should use. It directs the specifications that are required to choose a product among other alternatives.
Thus, from the above we can conclude that the correct answer is product specification.
Answer:
<em>c. Sustainable Competitive Advantage</em>
Explanation:
<em>Sustainable competitive advantages</em> are business assets, characteristics, or capabilities that are hard to replicate or achieve ; and provide a long-term superiority or favorable role over competitors.
Types of Sustainable Competitive Advantage include:
- <em>Reduced cost provider / Fair pricing
</em>
- <em>Market or Pricing Power
</em>
- <em>Strategic assets
</em>
- <em>Excellent management / employees
</em>
