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Pepsi [2]
3 years ago
5

How a company classifies its inventory depends on whether the firm is a merchan- diser or a manufacturer. In a merchandising com

pany. such as those described in Chapter 5, inventory consists of many different items. For example, in a grocery store, canned goods, dairy products, meats, and produce are just a few of the inven- tory items on hand. These items have two common characteristics: (1) They are owned by the company, and (2) they are in a form ready for sale to customers in the ordinary course of business. Thus, merchandisers need only one inventory classifi- cation, merchandise inventory, to describe the many different items that make up the total inventory.​
Business
1 answer:
Aleonysh [2.5K]3 years ago
5 0

Answer:

2.94

Explanation:

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Which of the following acronyms identifies the Big Five personality dimensions
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The answer will be CANOE. Hope this helps:)
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3 years ago
Assume you borrowed $100,000 at a fixed rate of 7 percent for 30 years to purchase a house. If the inflation rate is 3 percent,
nikitadnepr [17]

Answer:

(A) less

Explanation:

Given a positive inflation rate, the real value of the dollar will depreciate by the rate of inflation annually.

Thus, for a house that cost $100,000 today, given a 3% inflation rate, it would cost (100,000 * 1.03 = ) $103,000 after a year.

This means, $100,000 today will have the same value as $103,000 one year later.

Therefore, repayments, which will likely be a fixed sum every year, will have a lower purchasing power as the year progresses.

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3 years ago
Classifying a cost as either direct or indirect depends upon​ ________. A. whether a cost is fixed or variable B. whether the co
Yakvenalex [24]

Answer:

Classifying a cost as either direct or indirect depends upon B: whether the cost can be easily traced with the cost object

Explanation:

The classification of a cost as direct or indirect depends on the connection to the cost object. If the cost can be linked undeviatingly to the cost object, it is direct. On the contrary, if it can't be traced to the cost object it is indirect.

A. whether a cost is fixed or variable. Incorrect. A direct cost can be fixed or variable.

B. whether the cost can be easily traced with the cost object. Correct.

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6 0
4 years ago
Johansen Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The
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Explanation:

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8 0
3 years ago
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ludmilkaskok [199]

Answer:

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