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2 years ago

Many companies have and will adopt a code of ethics. These codes can vary greatly but can be placed in two categories.

1 answer:

7 0

I have a quiz and the time is unlimited. This sentence appeared to me.
The timer can only start after the setup process is finished.
What does this timer mean? Why does that time appear unlimited, please explain

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Cost of Merchandise Sold Based on the following data, determine the cost of merchandise sold for July: Increase in estimated ret

Dvinal [7]

Answer:

$873,200

Explanation:

The computation of the cost of merchandise sold is shown below:

= Merchandise inventory, July 1 + Purchases - Purchases returns and allowances - Purchases discounts - Freight in - Merchandise inventory, July 31

= $49,300 + $985,500 - $33,500 - $19,700 - $13,800 - $94,600

= $873,200

We simply added the purchase amount and deduct all other items except Increase in estimated returns inventory to the opening balance of merchandise inventory

4 0

4 years ago

MC Qu. 93 Schrank Company is trying to decide how... Schrank Company is trying to decide how many units of merchandise to order

ss7ja [257]

Answer:

43,000 units

Explanation:

Given that,

Projected sales in August = 48,000

Projected sales in September = 38,000

Projected sales in October = 58,000

Ending inventory is the 25% of the next month's sales.

The units purchased in the month of September includes the amount of sales in this month and the amount of ending inventory for this month but the amount of beginning inventory excludes from this calculation of purchases.

Ending inventory for September:

= 25% of the next month's sales

= 0.25 × Sales in October

= 0.25 × 58,000

= 14,500

Here, the opening inventory for September is the amount of ending inventory for August.

Opening inventory for September:

= 0.25 × Sales in September

= 0.25 × 38,000

= 9,500

Units to be purchased:

= Sales in September + Ending inventory for September - Opening inventory for September

= 38,000 units + 14,500 - 9,500

= 43,000 units

8 0

3 years ago

Read 2 more answers

Dupli-pro copy shop provides photocopying service. next year, dupli-pro estimates it will copy 2,800,000 pages at a price of $0.

Paha777 [63]

Dupli-Pro Copy Shop provides photocopying service. Next year, Dupli-Pro estimates it will copy 2,800,000 pages at a price of $0.08 each in the coming year. Product costs include: Direct Materials, Direct Labor, Variable Overhead and Total Fixed Overhead.

How are additional product costs specified?

Product costs are often referred to as "inventory costs" or "manufacturing costs." Permanent costs: - Selling and administrative costs. These costs are reflected in the income statement as incurred.

Is the product costs advertised?

Sales commissions, administration fees, advertising and marketing, and office space rentals are all recurring fees. These charges are not covered as part of the cost of purchased or synthetic items, but are recognized as charges in the profit and loss account for the period in which they are incurred.

Is the rental the product costs?

When a manufacturer leases its manufacturing equipment and systems, the lease is the product costs (rather than the price of length). In other words, the rent is protected against the manufacturing overheads assigned to the manufactured product.

Learn more about product cost here:- brainly.com/question/24494976

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4 0

1 year ago

Should a local government be able to condemn property in order to sell it later to real estate developers for private use? Why o

ZanzabumX [31]

No,I don't think that the <span>government should be able to condemn property if what they plan to do is to sell it later for private use. This should apply to both the local and the national government. The government should only have the power to condemn property if some important need arises, such as security or infrastructure, and if the need is important for the functioning of a society. However, taking away someone's property to give it to someone else is not a good use of condemnation. </span>

4 0

3 years ago

Suppose the UK and Norway both produce oil and shoes, which are sold for the same prices in both countries. UK's opportunity cos

forsale [732]

Answer:

Norway

Explanation:

UK and Norway are producing two goods: Oil and shoes

UK's opportunity cost of producing 1 unit of oil = 2 pairs of shoes

Norway's opportunity cost of producing 1 unit of oil = 1/2 pair of shoes

Therefore,

Once trade is allowed among the trading nations, then a nation is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.

Norway has a comparative advantage in producing oil because it has a lower opportunity of producing oil as compared to UK.

Hence,

Norway should produce oil.

4 0

3 years ago