Answer:
The correct answer is A.
Explanation:
Giving the following information:
Beginning finished goods inventory= $40,000
During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000.
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 40,000 + 280,000 - 42,000
COGS= 278,000
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Answer:
compensation system.
Explanation:
A compensation system corresponds to the sum of all benefits that an employee will receive in exchange for his work. Compensation corresponds to monetary and non-monetary benefits, such as health insurance, dental insurance and life insurance.
There are three general categories that divide remuneration. They are:
- Direct financial compensation,
- Indirect financial compensation and
- non-financial compensation.
Answer:
The correct answer is that it has occurred that the economy has suffered from inflation.
Explanation:
To begin with, the concept of inflation is known in the economic sciences for refering to the situation where the prices of every good and service in general in the economy have risen up and it is due to the fact that now the acquisition power of the currency has lost value and therefore that every good is now more expensive than before stating that the purchasing power per unit of the money has suffered a reduction. Moreover, a very common intrument to actually measure the inflation is the very well known Consumer Price Index whose major purpose is to accomplish that task.