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2 years ago

When using the specific identification inventory method, cost of goods sold equals the ______.

1 answer:

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With the specific identification inventory method, the Cost of Goods Sold equals the exact costs of the items sold.

The specific identification inventory method tracks each sold item to record its cost. The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.

The specific identification inventory method is not like the:

FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the store
LIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the store
Weighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.

Thus, the specific identification method ensures that the Cost of Goods Sold equals the actual cost of the goods.

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3 years ago

PLEASE HELP. QUESTIONS AT THE BOTTOM, TOP PART IS SOME LORE PER SAY.

deff fn [24]

Answer:

Explanation:

Question 1: Checkerz

If you're recreating the same type of biscuit/ cookie as Oreo's then checkerz would make sense as the pattern of the biscuit ( aka black, white, black) reminds potential buyers of the classic game of checkers.

sweet'n'fusions (as the cream filling is fused between the two biscuits)

cream bites

raven munchers (as the two outer biscuits are dark like ravens)

gogo's (to get you energised and ready to go)

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- abnormal packaging shape such as hexagon to set it apart from other companies

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Question 3

instead of having just the biscuit on its own, instead take the idea of reeces peanut butter cups but make the cup out of chocolate fudge brownie the peanut butter replaced by the Oreo

A brand extension in this case would not be a good idea considering many people associated Hydrox with cleaning supplies, many people who hear about the brand maybe put off by the subconscious thoughts of consuming cleaning products

I hope that was helpful to you and contained everything you wanted, i'll be more than happy to edit the answer if you think i left something out :)

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3 years ago

DataSpan, Inc., automated its plant at the start of the current year and installed a flexible manufacturing system. The company

azamat

Answer:

Month 1 = 5.3 Days

Month 2 = 4.9 Days

Month 3 = 3.9 days

Month 4 = 4.5 Days

Explanation:

The computation of throughput time for each month is shown below:-

Throughput time = Process time + Inspection time + Move time + Queue time

Month 1 = 0.7 Days + 0.6 Days + 0.6 Days + 3.4 Days

= 5.3 Days

Month 2 = 0.7 Days + 0.6 Days + 0.5 Days + 3.1 Days

= 4.9 Days

Month 3 = 0.7 Days + 0.4 Days + 0.4 Days + 2.4 Days

= 3.9 days

Month 4 = 0.4 Days + 0.6 Days + 0.8 Days + 1.7 Days

= 4.5 Days

Therefore for computing the throughput time for each month we simply applied the above formula.

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3 years ago

Ctual total factory overhead incurred $ 28,175 Standard factory overhead: Variable overhead $ 3.10 per unit produced Fixed overh

Mariulka [41]

Answer:

Total controllable overhead variance $

Standard total overhead cost ($4.10 x 9.800 units) = 40,180

Less: Actual total overhead incurred = 28.175

Total controllable overhead cost 12,005(F)

Standard total overhead cost per unit = $3.10 + $1.00 = $4.10

Explanation:

Total controllable overhead variance is the difference between standard total overhead cost and actual total overhead incurred. The standard total overhead cost is the product of standard total overhead cost per unit and actual units produced.

3 0

3 years ago

On 12/31/Year 1 Passey Co. acquired a 100% interest inSolomon Co. by exchanging 10000 shares of its common stock for100000 share

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The consolidated financial statements of Passey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

Data and Calculations:

Passey Co.s shareholding in Solomon Co. = 100%

The fair value of Solomon's = $3.50

The fair value of Passey's = $9

Solomon Co.

Book Values Fair Values

Current assets $115,000 $115,000

Plant assets 200,000 255,000

Liabilities 10,000 10,000

Passey Co.

Plant assets $1,700,000 $1,800,000

Consolidated Plant Assets:

Passey Co. Solomon Co. Consolidated

Number of shares exchanged 10,000 100,000

Plant assets $1,700,000 $255,000 $1,955,000

Thus, the consolidated financial statements of Passsey Co. as of December 31, Year 1 would report plant assets at iii. $1,955,000.

Learn more: consolidating plant assets of parent and subsidiary here: brainly.com/question/24635717

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2 years ago