Answer: $1,712
Explanation:
If the company uses FIFO it means that they sell their earlier inventory first. If there are 96 units on hand, it means that these 96 units would be the latest inventory.
That means that these 96 units comprise of:
- 86 units purchased on November 25 at $6.30 each and,
- 10 units from the November 17 purchase of 58 units at $6.05 each which means 48 units were sold from this purchase.
The units sold were therefore:
= (29 * 5.80) + (115 * 6.20) + (48 * 6.05)
= 168.20 + 713 + 290.40
= $1,171.60
= $1,712
Answer:
C. getting feedback from customer
Explanation:
Companies often gathered data/information from the customers in order to understand the customers' preference. Having this understanding is very beneficial for the company since it can help them design their product to suits the customers' taste and increase the brand's value in the customers' perspective.
Allowing a comment section opened in a blog can be used to serve this function.
In the comment section, customers who purchased their product could tell the company their opinion regarding the product. The company could use these opinions as a basis to develop the next changes/adjustment for their products.
Reconstruction refers to the period of American history that followed the Civil War. During this time period, the country attempted to recover from the damage of the war. It also attempted to integrate former slaves into mainstream society.
Although Reconstruction was not a complete success, I consider that it was still an effective way to achieve long-lasting change. The Reconstruction allowed the rebuilding of the economy by integrating the former slaves into the labor force. It also forced employers or landowners to pay their black workers. Reconstruction helped the black population of the country enjoy the rights and freedoms that they were able to achieve.
Answer:
(E) $30,000
Explanation:
For computing the annual profit, the following formula is used.
Annual Profit = Total revenues - total cost
where,
Total revenue = Number of units × selling price per unit
= 10,000 units × $40
= $40,000
And, the total cost = lease cost + installment amount + variable cost
= $100,000 + $20,000 + ($10,000 units × $15 + $10,000 units × $10)
= $120,000 + $250,000
= $370,000
Now put these values to the above formula
So, the answer would be equal to
= $400,000 - $370,000
= $30,000
Specialization increases the productivity of a nation's resources and allows for larger total output.
