Answer:
According to a physical count, 600 units were on hand at the end of March. The cost of goods sold for March applying the FIFO method is:
$1081600
Explanation:
MARCH 1 800 20
MARCH 8 8600 22
MARCH 8 15400 22
MARCH 8 22400 24
MARCH 8 27400 24
Final Inv. 600
Sell units 74000
FIFO Purch. Unit cost Sell Un. Cost
MARCH 1 800 20 800 16000
MARCH 8 8600 22 8600 189200
MARCH 8 15400 22 15400 338800
MARCH 8 22400 24 22400 537600
MARCH 8 27400 24 26800 643200
74000 1081600
The main reason is that they thought they could not only successfully battle international rivals, but could gain on weaker domestic competitors that failed to do so. This subject is related to mercantilism and one of the characteristics is the u<span>se of high import barriers and export subsidies. </span>
Answer: contingency
Explanation:
Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.
Therefore, based on the question, Pinnacle is practicing contingency planning.
The return on investment is 0.2%.
<h3>
What is the return on investment?</h3>
- Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
- A high ROI indicates that the benefits of the investment outweigh the costs.
- ROI is used as a performance measure to evaluate the efficiency of an investment or to compare the efficiencies of various investments.
- It is one method of relating profits to capital invested in economic terms.
To find the return on investment:
- Return on investment:
- (6 - 4)/10 = 0.2%
Therefore, the return on investment is 0.2%.
Know more about return on investment here:
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