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geniusboy [140]
3 years ago
11

Define transportation according to marketing​

Business
1 answer:
iragen [17]3 years ago
6 0

Answer:

Transportation is indispensible function of marketing. Transportation provides the physical means of carrying goods and persons from one place to another.

Explanation:

In other words, it is concerned with carrying the goods from the places of production to the places of their consumption.

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Morrow Corporation had only one job in process during May—Job X32Z—and had no finished goods inventory on May 1. Job X32Z was st
bearhunter [10]

Answer:

1      Cost of goods sold      $ 13,350

2.    Value of finished goods ending inventory  $ 16,200  

3.    Value of work in process inventory  $ 0

Explanation:

Computation of cost of goods sold

Determination  of per unit cost

Opening balance                                                                      $  7,000

Direct Materials                                                                         $ 12,600

Direct Labour                                                                             $  3,500

Manufacturing overhead applied                                            <u> $  6,900</u>

Total cost of Job X32Z                                                              $ 30,000

Units completed                                                                                 250

Cost per unit                                                                                   $ 120

Units sold                                                                                          115 units

Cost of goods sold $ 120 * 115                           $ 13,800

Add; Adjustment for over applied overhead     <u>$ (   450)</u>

Cost of goods sold                                                                        $ 13,350  

Computation of Finished Goods Inventory value

Units produced                                                           250

Units sold                                                                     <u>115</u>

Units in ending inventory                                           135        

Cost per unit                                              $ 120 per unit

Value of ending inventory    $ 120 unit * 135 units                     $ 16,200

Computation of Work in process inventory

There are no units in process at the end of May, so there is no work in process. so then value is $ 0

6 0
3 years ago
A company had the following purchases and sales during its first year of operations: Purchases Sales January: 10 units at $120 6
Vesna [10]

Answer:

$3540.

Explanation:

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

Ending inventory comprises of goods bought in May, September and November

cost of the ending inventory :

(4 x $130) + (12 x $135) + (10 x$140) = $3540

6 0
3 years ago
Labor market equilibrium is best characterized by Group of answer choices a wage at which all workers are above the poverty leve
Cloud [144]

Answer:

a wage at which the number of people willing to work equals the number of workers firms are willing to hire

Explanation:

Labor market equilibrium is where the demand curve for labour interests the supply curve for labour. At this point, the wage rate is the wage at which the number of people willing to work equals the number of workers firms are willing to hire

Please check the attached image for a graph depicting equilibrium in the labour market

8 0
3 years ago
The Standards of Ethical Conduct for Practitioners of Management Accounting and Financial Management states that significant eth
posledela

Answer:

a. submitted to the next higher managerial level.

Explanation:

IMA states the following standards of conduct in management accounting: competence, confidentiality, integrity and credibility.... Confidentiality entails accountants to divulge information only at the behest of their supervisor. Integrity forbids managers to engage in unethical behavior. Once an issue can't be resolved the standard procedure is to move a step up the ladder for further assistance.

3 0
3 years ago
Greene owns a parking lot that yielded net income of $26,000 during the current year. The only other transactions that he had du
saw5 [17]

Answer: A. Zero because all the gains offset the losses.

Explanation:

Based on the information given in the question, the net capital gain/loss for the current year will be:

First and foremost, we should note that the net income of $26,000 will not be added to our calculations.

Then, we then add the gain on capital assets from the options a-d given and subtract from the capital loss. This will be:

= $13,000 - ($23,000) + $4,000 + $6,000

= $13000 + $4000 + $6000 - $23000

= $23000 - $23000

= 0

Note that $23000 was subtracted because it was the only loss incurred on the capital asset from the options.

8 0
3 years ago
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