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4vir4ik [10]
2 years ago
7

Explain the hipp of the primary sources below source: letter written by john rolfe

Business
1 answer:
Leno4ka [110]2 years ago
5 0

Hi, you've asked an incomplete question. The attached image shows the full text.

<u>Explanation:</u>

Historical context: his use of old English expressions indicates dates back to the period around the 1600s.

Intended audience: John Rolfe's audience appears to be the governor of Virginia and his associates.

Author's Purpose: He seems to use his religious beliefs to get support and understanding of his decision to marry Pocahontas.

Author's Point of view: His expresssion "not without a seared conscience" indicates his own concerns about the decision he took.

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Transactions Units Amount
mario62 [17]

Answer:

a) Cost of Goods Sold under each method of inventory:

1) Average Cost:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $1,927.20

Cost of goods sold, 920 units     $4,032.80

a2) FIFO:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $2,560

Cost of goods sold, 920 units     $3,400

a3) LIFO

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $1,320

Cost of goods sold, 920 units     $4,640

a4) Specific Identification:

Beginning Inventory  600 units   $1,800

Purchases: January 12, 580 units 2,900

Purchases: January 26, 180 units  1,260

Cost of goods available for sale, 1,360 units $5,960

Less ending Inventory, 440 units   $2,280

Cost of goods sold, 920 units     $3,680

B. Partial Income Statement under:

                                  Average cost   FIFO    LIFO     Specific Identification

Beginning Inventory      $1,800        $1,800    $1,800          $1,800

Purchases                        4,160          4,160       4,160            4,160

Cost of goods for sale $5,960       $5,960   $5,960        $5,960

Less ending Inventory    1,927.20    2,560       1,320          2,280

Cost of goods sold     $4,032.80  $3,400   $4,640       $3,680

Explanation:

a) The average cost per unit under Average Method =

Average cost per unit =$4.38 (5,960/1,360)

Ending Inventory, 440 x $4.38 = $1,927.20

b) Ending Inventory under FIFO: 440 units

Cost of 180 units = $1,260

Cost of 260 units =  1,300 (260 x $5)

Total cost = $2,560

c) Ending Inventory under LIFO: 440 units

Cost of 440 units from beginning inventory = 440 x $3 = $1,320

d) Ending Inventory under Specific Identification: 440 units

Remaining opening inventory 140 units at $3 = $420

Remaining Jan 12, 120 units at $5 = $600

Remaining Jan 26, 180 units at $7 = $1,260

Total cost of ending inventory = $2,280

e) These are various inventory costing methods which present different results in their cost of goods sold and the ending inventory.

6 0
3 years ago
If mistakes or fraudulent reporting behavior are discovered, auditors require the company to correct all significant information
stepladder [879]

Answer:

The correct answer is True.

Explanation:

In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.

Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.

6 0
3 years ago
Dollar bills in the modern economy serve as money because
nikitadnepr [17]

Answer:

The reason for this is that the people will accept it as money confidently.

Explanation:

Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.

8 0
2 years ago
A phone company offers two monthly charge plans. In Plan A, there is no monthly fee, but the customer pays cents per minute of u
Andreas93 [3]

Answer:

For more than 180 minutes of phone use.

Explanation:

Let m represent number of minutes of phone use in a month.

We have been given that in Plan A, there is no monthly fee, but the customer pays $0.06 per minute of use.

The cost of using m minutes in plan A would be 0.06m.

We are also told that in Plan B, the customer pays a monthly fee of $4.80 and then an additional $0.03 per minute of use.

The cost of using m minutes in plan B would be 0.03m+4.80.

To find the amounts of monthly phone when Plan A will cost more than Plan B, we will set cost of plane A greater than cost of plan B as:

0.06m>0.03m+4.80

Let us solve for m.

0.06m-0.03m>0.03m-0.03m+4.80

0.03m>4.80

\frac{0.03m}{0.03}>\frac{4.80}{0.03}

m>180

Therefore, Plan A will cost more than Plan B for more than 180 minutes of phone use.

4 0
3 years ago
During a two-month period Lladro Comercial, S.A., the manufacturer of handcrafted porcelains, donated ten percent of its retail
lakkis [162]

According to the pyramid of corporate social responsibility, it was acting at the philanthropic responsibilities level.

<h3 /><h3>What is social responsibility?</h3>

Social responsibility is the responsibility of every individual to work for the welfare of the society, it is the help from the individual. The help can be of anyway like donate money, free volunteering in any occasion, explaining the importance of things to the people.

Thus, it is philanthropic responsibilities level.

For more details about Social responsibility, click here:

brainly.com/question/18247797

#SPJ1

3 0
2 years ago
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