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denpristay [2]
3 years ago
12

You own a shoe store with a merchandise book value of $178,000. You conduct a physical inventory and find the value to be $169,0

00. Your total sales between inventories totaled $476,000. Calculate the shrinkage as a percentage of sales.
Business
1 answer:
lozanna [386]3 years ago
6 0

Answer:

1.89%

Explanation:

The book value of the merchandise is  $178,000

Physical inventory reveals stock is worth $169,000

The shrinkage = $178,000 - $169,000

=$9000

As a percentage of sales, the shrinkage will be

=$9000/$476,000 x 100

=0.0189076 x 100

=1.89%

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NARA [144]

Answer:

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Explanation:

Path-Goal Leadership Theory -

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3 0
3 years ago
Dibert Inc. has provided the following data concerning one of the products in its standard cost system.Inputs Standard Quantity
Soloha48 [4]

Answer:

Option (C) is correct.

Explanation:

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= $74,698 - $68,952

= $5,746 U

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Hence, the correct answer is $ 5,746 U

5 0
3 years ago
Customer retention is measured as the percentage of customers who return for more service. true false
seraphim [82]
Your answer is true! The root of the word "retention" is retain, so basically customer retention means retaining customers, which also means having them return. Hope I helped!
8 0
3 years ago
1) Explain in brief the creations of controlled environment for off season vegetable farming.
Orlov [11]

Answer:

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3 0
2 years ago
1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, n
Ket [755]

Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts                                                              Dr                                        Cr

Robo Department Overhead Control              996

Materials Control (80 \times 5.15) \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \  412

Wages Payable  (80\times 5)\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400

Shop overhead control(80\times  2.30) \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ 184

Finished Goods                                                  2000

Work in process control                                                                             2000

7 0
2 years ago
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