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kow [346]
3 years ago
9

Sheridan Company just began business and made the following four inventory purchases in June: June 1 144 units $ 952 June 10 184

units 1472 June 15 184 units 1564 June 28 144 units 1296 $ 5284 A physical count of merchandise inventory on June 30 reveals that there are 194 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is
Business
1 answer:
Anit [1.1K]3 years ago
5 0

Answer:

$210,688

Explanation:

The LIFO method of accounting for inventory involves issuing the last items purchased first and those purchased first are issued last hence the acronym LIFO which means last in first out

Given that June 1 144 units $ 952 June 10 184 units 1472 June 15 184 units 1564 June 28 144 units 1296 $ 5284 A physical count of merchandise inventory on June 30 reveals that there are 194 units on hand

Total number purchased during the month

= 144 + 184 + 184 + 144

= 656 units

Using the last in first out method, the 194 units left at the end would be made up of the 144 units purchased on June 1 and 50 units purchased on 10 June hence the amount allocated to ending inventory for June is

= 144 * $952 + 50 * $1472

= $210,688

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Answer:

- Behavioural Substitution

Explanation:

Martianse human resources department uses and deploy the concept of Behavioural Substitution.

To begin, Martianse goal, as a firm, is to motivate the employees to perform better. Hence, the human resources department has come up with measures to achieve that. It is thus believed that replacing the fixed incentive system hitherto known with the firm, should be replaced by a performance based system. By this, the firm believes its primary goal will be accelerated.

Behavioural Substitution is thus the concept that the human resources department has displayed in their analysis and engagement. For one, behavioural substitution is simply the procedures aimed at replacing and/or supplanting efforts and actions that does not lead to goal accomplishments. By general belief, the old style of reward system used by Martianse has been seen as one not leading to goal actualization. Hence, it is important to substitute this non productive reward system with one established to elicit more better and improved performance from the workforce.

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3 years ago
After listening to the talk or speech (select any one speech if you listened to more than one), write why you think the speaker
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Answer:Hello i’m figuring this question out for you

Explanation:

5 0
3 years ago
Which term describes what a manufacturer spends for goods or services?
Hoochie [10]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Cost is a <span>term describes what a manufacturer spends for goods or services.

</span>In production, research, retail, and accounting, a cost<span> is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the </span>cost<span> may be one of acquisition, in which case the amount of money expended to acquire it is counted as </span>cost<span>.</span>
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3 years ago
Read 2 more answers
The selling concept is typically practiced with ________.A) industrial productsB) unsought goodsC) specialty productsD) convenie
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Answer:

B) unsought goods

Explanation:

The selling concept -

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ipn [44]

Answer:

The correct answer is: Goblal Outsourcing

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Outsourcing can help businesses reduce labor costs significantly. The outside organizations typically set up different compensation structures with their employees than the outsourcing company, enabling them to complete the work for less money. In addition to cost savings, companies can employ an outsourcing strategy to better focus on the core aspects of the business.

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When outsourcing to a foreign country, it is called international outsourcing or global outsourcing.

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