Answer:
Sales Revenue - Inconsistent
Cost of Goods Sold - Inconsistent
Commission - Consistent
Shipping expense - Inconsistent
Bad debt expense - Unexplained
Salaries - Consistent
Lease of distribution center - Consistent
Depreciation of fleet and equipment - Inconsistent
Advertising - Consistent
Office rent, Phone, Internet - Inconsistent
Explanation:
The increase in selling price will result in change in the revenue figure. The cost of distribution is increased due to handling the addition volume. This will result in an increase in shipping expense and cost of goods sold. Salaries and commission of the staff will remain consistent as there will be no change due to increase of selling price.
Income Approach seems to fit best but i'm not quite sure.
Sorry if it's wrong.
Answer:
The argument exposed in the question does not address the fact that natural resource scarcity and/or depletion cannot be so evident, and as result, economic agents do not necessarily have the incentive to hold more of them, and drive up the price.
Besides, natural resources provide ecosystemic and enviromental services, that generate positive externalities, and these positive externalities are not accounted for in the prices (this is why they are externality), causing the market prices that are paid for natural resources to be lower than they should.
The government can use to strategy to promote natural resource conservaiton:
1) Account for the positive externalities, and increase the price that is charged for the use. It can be a tax.
2) Simply step in and forbid the use of some natural resources after a certain point is reached. It can be a quota system.
Griffin and Powell ensures that all their CSR initiatives on forests are regularly and substantially publicized.
Answer: Option A.
<u>Explanation:</u>
If Griffin and Powell make publicize their CSR on a regular basis, this would be an evidence about the argument about the reason why Jeanne had picked up this company for making an ally with her own company to promote Eco friendly ways for working in the economy and to promote the other firms and competitors for also doing the same in the market.
CSR turn out to be a great and an effective way of checking how strong and established a particular company is.
Allocated costs of items sold = $10337.48
Allocated costs of remaining inventory = $2268.76
First, calculate how much inventory is actually produced from 2400 lbs of lobsters.
Tails = 2400/100*52 = 1248
Flakes = 2400/100*22 = 528
The value of that inventory is:
Tails = 1248 * $21 = $26208
Flakes = 528 * $14 = $7392
Total = $26208 + $7392 = $33600
<span>Now the percentage of value to distribute costs among.
Tails = 26208 / 33600 = 0.78
Flakes = 1 - 0.78 = 0.22
Cost of inventory
Materials: 2400 * $4.50 = $10800
Labor: $1,800
Total: $10800 + $1800 = </span><span> $<span>12600
Now let's distribute the cost between the tails and flakes:
Tails: 0.78 * $12600 = $9828
Flakes: 0.22 * $12600 = $2772
Now let's calculate the cost per pound of the inventory
Tails: $9828 / 1248 = $7.88/lb
Flakes: $2772 / 528 = $5.25/lb
Of the 1096 lbs of tails sold, that leaves 1248-1096 = 152 lbs in inventory.
Cost of tails sold = 1096 * $7.88 = $8636.48
Cost of remaining tail inventory = 152 * 7.88 = $1197.76
Of the 324 lbs of flakes sold, that leaves 528-324 = 204 lbs in inventory.
</span></span>Cost of flakes sold = 324 * $5.25 = $1701
Cost of remaining flake inventory = 204 * 5.25 = $1071
Allocated costs of items sold = $8636.48+$1701 = $10337.48
Allocated costs of remaining inventory = $1197.76+$1071=$2268.76
