Answer:
The cost of ending inventory on December 31 is $ 2,050
Explanation:
Weighted Average Cost Method calculates a new cost on inventory on each Purchase.
New Cost per unit after February 28 Purchase is
Cost per unit = Total Cost / Number of Units
= ((100 × $ 50) + ( 150 × $ 35)) / (100 +150)
= $ 10,250 / 250
= $41.00
Inventory Remaining after sale of 200 units
250 - 200 = 50 units
Cost of ending inventory on December 31
Inventories Remaining on December 31 × Cost per unit
= 50 units × $41.00
= $ 2,050
Answer:
<u>A. summarizes and documents the firm's financial activities during the past year</u>
Explanation:
- A forms annual report is a consolidated report on the financial standing of the company interns of assets and the liabilities and also includes other financial activities done by the company through the preceding year.
- The report is meant for the shareholders and tells about the companies financial information along with the financial performance of NPAs and the company stocks this includes balance sheets, audit reports, and income statements.
- Statement regarding the directors, shareholders, and judgment of the estimated values and the claims that the company will continue to do business with.
Answer:
32 700
Explanation:
that is the answer 32 700
Suppose that a natural disaster substantially increase the cost of producing cheese, we would predict that the equilibrium quantity of cheese will decrease and the equilibrium price of cheese will increase because natural disasters can have a negative effect on the supply of the cheese. So, using the supply and demand curve, this will cause the supply to shift left while making demand curve steady since the effect will be on the supply part and not affecting the demand of the cheese.
Answer:
b. False
Explanation:
Adhocracy refers to a form of organizational culture characterized by quick adaptation and flexibility in approach.
Such culture takes into perspective adaptive or impromptu action in a dynamic business environment.
In the given case, the employee prefers a strict culture, without taking into account external environment and with little flexibility. Also the company is willing to assume risks.
Thus, the given scenario does not correspond to Adhocracy culture.