Answer:
<u>Part 1 Determine the cost of the goods sold for each sale</u>
November 10 :
90 units × $ 39 = $3,510
November 20 :
30 units × $ 39 = $1,170
80 units × $ 40 = $3,200
Total Cost = $4,300
November 24 :
45 units × $ 40 = $1,800
<u>Part 2 The inventory balance after each sale</u>
November 10 :
30 units × $ 39 = $1,170
November 20 :
60 units × $ 40 = $2,400
November 24 :
15 units × $ 40 = $600
Explanation:
First in First Out Method is build on the premise that inventory bought in first will be the first to be sold.
Answer:
OPTION C = 51%
Explanation:
<em>Percentage of federal tax revenue which comes out of individuals paycheck</em>
<em>=individual income tax+corporate income tax</em>
given that,
individual income tax=42%
corporate income tax=9%
Hence, Percentage of federal tax revenue which comes out of individuals paycheck
=42%+9%
=51%
Answer:
Sunk cost fallacy.
Explanation:
Sunk costs - are costs that have been incurred as a result of past decisions. Now are unrecoverable.
A trap which enables a investor to invest more in the sunken costs to earn profit.
Are cost incurred in the past tha cannot be changed.
Sunk cost fallacy - considering sunk costs when making new decisions at the margin. Can lead to using out of date facilities and incurring large opportunity costs.
Is the continued investment in something no longer desired to reconcile the loss of the initial investment.
Answer:
Market Segmentation
Explanation:
Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations.
Market segmentation is the term for aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.
Answer: incidental beneficiary
Explanation:
An incidental beneficiary refers to an individual who isn't a party to a contract but later becomes a third party beneficiary who is unintended to the contract.
It should be noted that the incidental beneficiary has no rights that are enforceable under the contract. With regards to the question, Jim suffered losses as a result, but he had no rights in the contract because he was an incidental beneficiary.
