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Ann [662]
3 years ago
6

Define ''limited in stock''

Business
1 answer:
lianna [129]3 years ago
3 0

Answer:

Inventory status of “Limited Stock” means that the retailer is reporting an item quantity of 1 on hand. This last remaining unit is oftentimes a display model of the product and therefore may not be available for sale. Occasionally a retailer may indicate "Limited Stock" for high demand items as well.

Explanation:

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Ray is a shareholder of Small Biz Company (SBC). When the directors fail to undertake an action to redress a wrong suffered by S
julsineya [31]

Ray is a shareholder of a small company. When the director falls to undertake an action it falls under derivative suit.

Explanation:

  • Derivative suit is referred to as a law suit that is brought by the shareholder in behalf of the company against the third party.
  • If in a company the employees, the directors as well as the officers are not ready to file a complain against the third party then the shareholder has the right to file a complaint against the third party.
  • Derivative suit is normally filed by the shareholder when there is a mismanagement in the company. To stop the illegal work this action is being taken.  
4 0
3 years ago
Sheffield Corp. adopted the dollar-value LIFO method of inventory valuation on December 31, 2019. Its inventory at that date was
Solnce55 [7]

Answer: $1226400

Explanation:

The cost of the ending inventory at December 31, 2020 under dollar-value LIFO will be calculated as:

= $1010000 + [($1287000/106 × 100) - $1010000] × 106/100

= $1010000 + ($1214151.4 - $1010000) × 1.06

= $1010000 + ($204150.94 × 1.06)

= $1010000 + $216400

= $1226400

Therefore, the cost of the ending inventory at December 31, 2020 under dollar-value LIFO is $1226400.

6 0
3 years ago
Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is wi
Natasha_Volkova [10]

Answer:

Break-even point (dollars)= $234,000

Explanation:

Giving the following information:

Sales (4,000 units) $ 240,000

Variable expenses 156,000

Fixed expenses 81,900

First, we need to calculate the selling price and unitary variable cost:

Selling price= 240,000/4,000= $60 per unit

Unitary variable cost= 156,000/4,000= $39 per unit

Now, we can calculate the break-even point in dollars, using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 81,900/ [(60 - 39)/60]

Break-even point (dollars)= $234,000

5 0
4 years ago
rr Co. adopted the dollar-value LIFO inventory method on December 31, Year 12.Farr's entire inventory constitutes a single pool.
Ghella [55]

Answer:

b. $612,000

Explanation:

Dec 31, 2013 inventory = $660,000

Value of Dec 31, 2013 inventory at base year (2012) prices = $660,000/110*100 = $600,000

The real-dollar quantity increase in inventory = ($600,000 - $480,000) = $120,000

Value of this real dollar quantity increase in inventory at Dec 31, 2013 prices=   $120,000 * 110/100 = $132,000 (LIFO layer to the Dec 31, 2012 inventory)

Value of Dec 31, 2013 inventory = Dec 31, 2012 inventory + The value of LIFO layer formed

Value of Dec 31, 2013 inventory = $480,000 + $132,000

Value of Dec 31, 2013 inventory = $612,000

4 0
3 years ago
which categoryh of inventory holding costs would be much higher than average for rapidly chaning industries
Alex787 [66]

The correct option is (c) i.e, The pilferage, scrap, and obsolescence category of inventory holding costs are much higher than average for rapid-change industries such as PCs and cell phones.

<h3>What does Inventory Holding Cost mean?</h3>

Expenses associated with keeping inventory at a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.

Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.

Businesses must take demand planning and demand sensing into account when these prices rise. These technologies can help businesses keep the right amount of stock on hand.

Therefore, The category of inventory holding costs that are depicted, based on the information provided comprises pilferage, scrap, and obsolescence.

The complete question is:

Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and cell phones?

A) housing costs

B) material handling costs

C) pilferage, scrap, and obsolescence

D) investment costs

To know more about inventory holding costs refer to: brainly.com/question/15298484

#SPJ4

6 0
2 years ago
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