45,000 worth of goods were invoiced by A. Bose of Kolkata to C. Dutta of Chandigarh at

Garden World uses the retail method to estimate its monthly cost of goods sold and month-end inventory. At May 31, the accountin

chubhunter [2.5K]

Answer:

The estimated inventory at May 31 is $352,549

Explanation:

In order to calculate the estimated inventory at May 31 we would have to calculate the following formula:

Estimated closing inventory=(resale of goods- sales in may)*(beginning inventory plus purchases/resale of goods

Estimated closing inventory=($1,020,000-$400,000)*($580,000)/$1,020,000)

Estimated closing inventory =($620,000*$580,000)/$1,020,000

Estimated closing inventory =$352,549

The estimated inventory at May 31 is $352,549

8 0

3 years ago

A firm underwriting of a municipal bond issue usually has a number of different broker-dealers involved. Those who earn the tota

Ymorist [56]

Answer:

Selling syndicate members

Explanation:

Selling syndicate members is a term used in business or finance to describes part of a broker-dealers of a municipal bond issue. They are charged with the responsibilities of selling the bonds allotted to them.

From the sales of each bond, the total takedown, including the additional takedown is earned.

Hence, in this situation, the correct answer is Selling Syndicate Members

5 0

3 years ago

"Betty has been working for Bright Fires for about five years. She compares herself to different managers, such as Meg, who work

Dafna11 [192]

Answer:

External comparison

(occupational equity)

Explanation:

Motivation is commonly defined as a set of distinct energetic forces that occurs as a result of both within and outside an employee; start with work-related effort; and set its direction, intensity, and constancy.

Equity theory is simply a theory of motivation. It shows that motivation is based on an individual's views of his/her life and what happens in lives of other people.

comparison others

Based on the theory of equity, this is the act of viewing or examination our own efforts and results and them comparing them to the efforts and results of others people. Therefore we use the other individuals as a comparison other.

External comparison

Is simply defined as the act by which an individual or employee of a company is compared of himself or herself to an employee from another company . That is When an employee from another company is known as the "comparison other," .

7 0

3 years ago

Read 2 more answers

Which of the following nouns is properly capitalized?

ehidna [41]

A. Congress
When referring to the Senate and the House of Representatives, it should be capitalized.

3 0

2 years ago

Read 2 more answers

Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou

Butoxors [25]

Answer:

$5625.60

Explanation:

number of units produced =50 units

direct labour hours 100

direct materials $ 680

Direct labor cost $ 7,000

The unit product cost for Job P951 is;

Direct materials = $ 680

Direct labor cost $ 7,000

variable manufacturing overheads $ 6.00*100=600

total fixed manufacturing overheads= $ 273,000

total costs=$(680+7000+600+273000)=$281,280

unit product cost=$28,1280/50

=$5625.60

5 0

3 years ago