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Ber [7]
3 years ago
7

What does it mean to have a shortage of goods?

Business
1 answer:
ohaa [14]3 years ago
3 0
It basically means that a store doesn't have alot in Stock mostly food. so if your grocery store was running out of canned corn and chips etc. they would have a shortage of goods
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Which activity relates to judging the seriousness or gravity of a given problem?
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B. Evaluation

Evaluating means to systematically determine somethings merits and significance, including the seriousness or gravity of a problem.

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Mixed economies can evolve when societies with different kinds of economies interact. True or False
CaHeK987 [17]

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Sam's Dog toys sells a Red toy and a Blue toy. The contribution margin for the Red toy is $5 and for the Blue toy is $10. The ex
DENIUS [597]

Answer:

500 units

Explanation:

The computation of the sales units in volume to achieve the desired profit is shown below:

= (Fixed cost + target profit) ÷ (contribution margin per unit)

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8 0
3 years ago
8. Brady Inc. reported FIFO ending inventory of $114,000 and FIFO beginning inventory of $110,000 for 2018. Inventory purchases
atroni [7]

Answer:

$232,825

Explanation:

Step 1: Calculation of cost of goods sold (COGS) under First In First Out (FIFO)

Since we know that;

Ending inventory = Beginning inventory + Purchase - COGS of FIFO

Therefore, we can rearrange to make COGS the subject of the formula and substitute the values as follows:

COGS under FIFO = Beginning inventory + Purchase - Ending inventory

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COGS under FIFO = $233,500

Step 2: Calculation of COGS under Last In First Out (LIFO)

COGS under LIFO = COGS under FIFO - Rise in LIFO reserve

                              = $233,500 - $675

COGS under LIFO = $232,825

Therefore, the value of COGS LIFO for Brady Inc. in 2018 is $232,825.

7 0
2 years ago
Bond P is a premium bond with a coupon rate of 9.2 percent. Bond D is a discount bond with a coupon rate of 5.2 percent. Both bo
Vera_Pavlovna [14]

Answer:

Please see attachment

Explanation:

Please see attachment

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