As your job as a server of store owner, the law
requires you to make reasonable efforts to avoid selling alcohol to underage
customers and establish measures to avoid guests from getting highly intoxicated.
Examples are serving properly measured drinks, checking identification cards,
and serving food or complimentary drinks such as soda or water.
Answer:
The correct answer is older; lower; higher.
Explanation:
The FIFO method assumes that the next item to be sold is the one that has more time to be stored. In an economy with rising prices (during inflation), it is common for companies to use during their beginnings to increase the value of their assets. As the oldest and cheapest goods are sold, the newest and most expensive goods are kept as company assets. The cost of sale will be the oldest of the existing acquisition prices, and the final stocks will coincide with the last entries in the company's warehouse. Having the most expensive inventory and the lowest cost of products sold allows the company to show better economic performance. However, as they grow, some companies prefer to change their inventory accounting system to LIFO to reduce the payment of taxes. FIFO is an acronym that means "first to enter, first to leave." With this inventory valuation method, the company counts the inventory value received first when sales are made. One of the most common reasons that a company decides to use FIFO is because it is a more natural way in a straight line, since you count your first inventory as in the first items sold. This makes it especially useful when tracking inventory items is simple.
Answer:
Therefore the company should sell material R for $3.91 per kilogram.
Explanation:
Product S88Y:
Current cost (2 kg × $7.60)
=$15.20
Thus If material R were to be used, that means 4 kilograms would be needed.
Hence It currently costs $15.20 for Product S88Y to maintain this same cost.
Therefore material R would be:
[($15.20 ÷ 4 kg) − $0.77]
=3.8kg-$0.77
=$3.03 per kg
Therefore the company should go ahead and sell material R for $3.91 per kilogram.
Answer:
During the growth stage of the product life cycle, the growth of a product begins to plateau, and the company must take advantage of economies of scale and marketing messages and promotions that seek to remind customers about a great product, differentiate from competitors, and reinforce brand loyalty.
Explanation:
Hope this helped
Answer:
Equilibrium price would fall
Equilibrium quantity would remain unchanged
Explanation:
A perfectly inelastic demand means the quantity demand doesn't change regardless of changes in price.
If supply increases, equilibrium price falls while quantity remains unchanged.
Refer to the image attached for a graphical explanation.
I hope my answer helps you