Answer:
$4,100
Explanation:
In this question ,we apply the income statement equation
Opening stock + Purchase + Gross profit = Sales + Closing stock
$4,500 + $17,000 + $11,600 = $29,000 + Closing stock
$33,100 = $29,000 + Closing stock
So, the closing stock would be
= $33,100 - $29,000
= $4,100
The gross profit is computed below:
= Sales × gross profit percentage
= $29,000 × 40%
= $11,600
Answer:
B. managerial cost report
Explanation:
A report that accumulate the actual expenses that a manager is responsible for and their budgeted amounts is Managerial cost report
Answer:
A) adding more workers exhausts the possible gains from specialization.
Explanation:
When a worker specializes in a certain task, they will become more productive and efficient in performing the task. Worker specialization takes a long time, so it only applies in the long run.
In the short run when a company wants to increase its output, it cannot rely on worker specialization since they don't have the time to wait, they must hire more workers.
This is a tricky answer, because:
the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan
--BUT--
your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.
I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.
