Answer:
Value of inventory =$466,040
Explanation:
The value of goods in inventory
=Value of opening inventory + cost of purchases - cost of gold sold
Note that there is a gross profit on selling price, therefore the cost of the goods sold would be
Cost of goods sold = sales value - (40% × sales value)
= 1,924,500 - (40% × 1,924,500)
= 1,154,700.00
Value of inventory = 423,300 + (1,140,950 + 56,790) -1,154,700.00
=$466,040
<em>Note that the freight-in was added as part of the cost of purchases on February 10</em>
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Answer:hahah
Explanation:u are so unsmart hahah lol
Answer:
This can be due to the method of allocating cost.
Explanation:
In the given scenario a division in a decentralised company earned the largest amount of income from operations, yet it was the least profitable.
This can be as a result of the cost allocation method the company uses.
If the company uses a cost allocation method where cost from other division is paid for by the division with largest income. The result will be that the other divisions that generate less income will appear to be more profitable.
The remedy for this is to use activity based costing. Where cost is allocated based on the level of activity of a division.
That way divisions will only pay for cost associated with their activity
Answer:
The. Trader should buy the out option
Explanation:
See attached file
Answer: When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization
Explanation:
A Mass Casualty Incident refers to an overwhelming event, which leads to more patients at a time than what the available resources can easily manage such that it requires additional assistance.
A plan for mass casualty incidents should include protective actions that will be used to reduce vulnerabilities, response actions to minimize negative consequences, and post incident actions to promote community recovery.
A partnership approach to planning for mass casualty incidents is important as it helps in ensuring that the plans for your organization are compatible with those of the agencies that would respond if an incident occurred.
It's also vital to customize your emergency plan to reflect the risks, realities, and resources that characterize the local area and your own organization.
The false statement is "When an organization is planning for mass casualty incidents, an effective approach is to request law enforcement personnel to develop a separate plan for mass casualty incidents for the organization". This isn't true.
