All categories

3 years ago

Tamarisk has the following inventory data:

Business

1 answer:

DerKrebs [107]3 years ago

5 0

Answer:

Option A

Total cost of goods sold = $1,007.7

Explanation:

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.

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 = 435

Total cost of goods sold 1,007.7

Total cost of goods sold = $1,007.7

You might be interested in

Benchmarking involvesA. comparing how different companies perform various value chain activities and then making cross-company c

Vinvika [58]

Answer:

Letter A is correct. Comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs of these activities.

Explanation:

The most suitable alternative to this question is letter A, because the definition Benchmarking can be defined as the process and search for in-depth knowledge about your competitors and the way they carry out their activities.

It consists of investigating competitors in order to compare operations, products and services between a company and its main competitors. Through the research of competitors it is possible to better understand the market and adapt the best practices to be successful, in addition to achieving continuous improvement of processes, in addition to reducing errors and costs through the analysis and knowledge of the actions of competing companies.

3 0

3 years ago

A water utility is planning to construct a grease treatment facility so that local haulers will not have to transport grease to

romanna [79]

Answer:

The B/C ratio at 6% per year is closest to 1.17

Explanation:

In order to calculate the B/C ratio at 6% per year we would have to make first the following calculations:

Present Worth(PW) of annual operating cost (excel formula) =PV(0.06,10,160000,0) = $1,177,613.93

PW of annual benefit (excel formula) =PV(0.06,10,250000,0) = $1,840,021.76

Present cost (at beginning of project) = $400,000

Therefore, to calculate the B/C ratio at 6% we would use the following formula:

B/C ratio at 6%=PW of benefits-PW of disbenefits/Initial cost+PW of operating and maintenance-PW of salvage value

B/C ratio = ($1,840,021.76 - 0)/($400,000 - $1,177,613.93) = 1.17

7 0

3 years ago

A recent consumer survey conducted for a car dealership indicates that, when buying a car, customers are primarily concerned wit

Gemiola [76]

Answer: a. communication, courtesy, and credibility

Explanation:

The Consumer survey showed that when buying a car customers are interested in the salesperson's ability to explain what the car does and what it's has, in short it's features. This means that they would like a Salesperson that Communicates effectively, the need for the car.

Dealers should therefore be very concerned with the communication skills of their sales people.

The Consumers would also like a friendly person. This is simple Courtesy. The sales person must be able to show courtesy to the customers to entice them to buy a car and so Dealership management should be very worried about this.

A final thing the Dealer should be worried about is Credibility. Consumers want to know if the Dealer is credible in that if the claims the dealer is making is true and honest. Too many salespersons say anything to get people to buy things even if it is a lie. A car is a big investment and so consumers would very much like to avoided being lied to.

5 0

3 years ago

____ is a way to minimize technical problems with your computer

KATRIN_1 [288]

Troubleshooting is a way to minimize technical problems with the computer.

6 0

3 years ago

Read 2 more answers

When Natasha took over as facilities manager for Burlington Furniture Manufacturing, she was shocked to see the factory was stil

rosijanka [135]

Answer:

The correct word, that fills the gap is: New buy.

Explanation:

Direct repurchase: it is a shopping situation in which the purchasing department repeats orders routinely. The buyer chooses among the suppliers that appear on an "approved list". "Excluded suppliers" will try to take advantage of inefficiencies or dissatisfactions with respect to Current suppliers.
Modified repurchase: it is a situation in which the buyer wants to modify the product specifications, prices, delivery requirements or other conditions; In general, it involves additional participants in the decision by both parties. New task: it is a purchase situation in which a buyer acquires a product or service for the first time (building, security system).

New homework purchases have several stages: awareness, interest, evaluation, trial and adoption.

The industrial buyer: It makes the least number of decisions in the situation of direct repurchase and the largest, in the situation of new task. This is the biggest opportunity and the biggest challenge for the marketing people, which tries to reach as many key influencers as possible and provide useful information and help. Due to the complexity of the sales work, many companies use a missionary sales force composed of their best sellers.

6 0

3 years ago