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Nat2105 [25]
3 years ago
9

Tamarisk has the following inventory data:

Business
1 answer:
DerKrebs [107]3 years ago
5 0

Answer:

Option A

Total cost of goods sold = $<u>1,007.7</u>

Explanation:

<em>Under the last -in-first-out (LIFO) method, inventory are priced using the price of the newest/latest batch in stock until a new batch is received after which the price of the new batch is used and this is continued.</em>

So we apply the principle as follows:

                                                               $                

July 14 sale of 83 units = 83× 6.90 = 572.7

July 30 sale of 58 units = 58× 7.50 = <u>435</u>

Total cost of goods sold                     <u>1,007.7</u>

Total cost of goods sold = $1,007.7

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Answer:

the income is $1,330

Explanation:

The computation of the income is shown below;

Given that

U(x, y) = min{x, y2}

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ANd, the prcie of Y is $15

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25X + 15Y = M

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= 1225 + 105

= 1330

Hence, the income is $1,330

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Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative in
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Recently, beagle boutique was attempting to hire a middle manager. they were looking for an intelligent, active, and creative individual. Beagle used the trait approach. This is further explained below.

<h3>What is the trait approach?</h3>

Generally, An individual's attributes are used as indicators of their personality in a trait-based approach.

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A shipment of frozen fish arrives at your food establishment. you see that the outside bottoms of the shipping cartons have too
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<span>Excess browning at the edges, ice formation at the bottoms of the containers, and are indicators of thawing and refreezing. While in standard at-home practice of refreezing thawed fish is acceptable, it is not during shipping because it is impossible to tell how long the fish were kept out of a cold environment and may transmit disease (plus, visible damage to the fish decreases salability).</span>
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3 years ago
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Company ABC reported the following: 1. Net Income: $110,000 2. Return on Sales (Net Income/Sales): 3.56% 3. Gross Profit Percent
Sergeeva-Olga [200]

Answer:

$2,266,123.60

Explanation:

As it is given

Return on sales = Net income ÷ Sales

3.56% = $110,000 ÷ Sales

So, the sales is  $3,089,887.64

Now the Gross Profit percentage is

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26.66% = Gross profit ÷ $3,089,887.64

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= $823,764.044

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