Explanation:
LIFO stands for “Last-In, First-Out”. It is a method used for cost flow assumption purposes in the cost of goods sold calculation. The LIFO method assumes that the most recent products added to a company's inventory have been sold first. The costs paid for those recent products are the ones used in the calculation.
What are some similarities and differences between Home Depot, Target, and Petsmart?
Answer:
They all are stores and having customers and sell products but a difference is they sell different things like pet food and wood power tools
Tony is the head of a company that develops cutting edge technology. His team is working on their next big thing and they are close to a breakthrough. As his team works, Tony spends a good portion of his time making sure each part of his team has what they need to produce their best work. Tony also spends some of his time making sure any potential obstacles to his team are taken care of and coaching his team through some of their challenges.
What type of leadership is Tony practicing here?
A. Laissez-faire
B. Democratic
C. Servant Leader
D. Directing
Answer:
D- Directing
Explanation:
It can't be laissez-faire because that literally makes zero sense at all. It's not democratic because that would mean that he would have had his team take a vote at some point in time, but this question says nothing about that. It is not servant leader because literally wth is that. It would have to be directing because Tony is giving his team some direction to help them keep moving forward.
If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1040 ta
return form?
$24,902.21
$23,562.55
$2,679.32
$26,241.87
Answer:
Explanation:
$26,241.67
Kallapur company manufactures two products: kap1, which sells for $120; and quin, which sells for $220. estimated cost and production data for the current year are as follows.
The question is incomplete. The complete question is :
Kallapur company manufactures two products: KAP1, which sells for $120; and QUIN, which sells for $220. estimated cost and production data for the current year are as follows :
KAP1 QUIN
Direct materials cost $ 30 $ 45
Direct labor cost (at rate $ 12/hr) $ 24 $ 60
Estimated production (units) 25,000 15,000
In addition, fixed manufacturing overhead is estimated to be $ 2,000,000 and variable overhead is estimated to equal $ 3 per direct labor hour. Kallapur desires a 15 percent return on sales for all of its products.
Calculate the target cost for both KAP1 and QUIN.
Solution :
It is given that Kallapur company manufactures two products namely KAP1 and QUIN.
Selling cost of KAP1 = $ 120
Selling cost of QUIN = $ 220
∴ [tex]$\text{Target cost = target price - target profit}$[/tex]
Target cost of KAP1
Target price = $ 120
Target profit = $ 120 x 0.15
= $ 18
So, [tex]$\text{target cost = target price - target profit}$[/tex]
= 120 - 18
= $ 102
Target cost of QUIN
Target price = $ 220
Target profit = $ 220 x 0.15
= $ 33
So, [tex]$\text{target cost = target price - target profit}$[/tex]
= 220 - 33
= $ 187
11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.
Answer:
Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.
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Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financial reserve. (3-6 sentences)
Answer:
There are a thousand and one scenarios that would make me break my piggy bank.
Explanation:
If I came across a very good deal, I'd draw from my financial reserve and empty it if need be to take advantage of such an opportunity.
Imagine for instance that a 2020 Chevrolet Silverado 2500HD truck which normally goes for about $34,000 is suddenly available for whatever legitimate reason for about $10,000 and its only 3 months old without dents or any mechanical fault, perhaps the owner needs cash for something equally more profitable to them, I'd grab the opportunity to buy it and resell at a higher price in order to turn a decent profit.
For a car that has only been used for three months, I can resell easily and very quickly at half the original price making a $7,000 in profit or I decide to hold on a little while can actually sell at a much higher price for nearly $30,000 perhaps one or two thousand dollars less and still make an extremely good profit.
Cheers
1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
much is the pressure exerted by the metal box on the floor? Take g=
10 m/s?
C.
answer:
explanation: Pressure = force / area
P = 20/ 1×0.6
P = 20/0.6
P = 33,33 N/m^2
The pressure exerted by metal box on the floor is 33.34 [tex]N/m^{2}[/tex]
Pressure is defined as force per unit area.
[tex]Pressure=\frac{Force}{Area}=\frac{F}{A}[/tex]
Force,[tex]F=20N[/tex] and Area [tex]A=0.6*1=0.6m^{2}[/tex]
Pressure = [tex]\frac{20}{0.6}=33.34N/m^{2}[/tex]
Therefore, Pressure exerted by metal box on the floor is 33.34 [tex]N/m^{2}[/tex]
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Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each.
Indicate whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.
Statement Price Control Binding or Not
1. The government has instituted a legal minimum price of $8 each for hamburgers.
2. The government prohibits fast-food restaurants from selling hamburgers for more than $8 each.
3. Due to new regulations, fast-food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so.
Answer:
price floor
Explanation:
due to new regulations, fast food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so
Read the excerpt from “The Monkey's Paw.”
Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said, slowly. "It seems to me I've got all I want."
"If you only cleared the house, you'd be quite happy, wouldn't you?" said Herbert, with his hand on his shoulder. "Well, wish for two hundred pounds, then; that'll just do it."
His father, smiling shamefacedly at his own credulity, held up the talisman, as his son, with a solemn face, somewhat marred by a wink at his mother, sat down at the piano and struck a few impressive chords.
"I wish for two hundred pounds," said the old man distinctly.
A fine crash from the piano greeted the words, interrupted by a shuddering cry from the old man. His wife and son ran toward him.
Which phrase indicates a change in mood within the excerpt?
“struck a few impressive chords”
“smiling shamefacedly at his own credulity”
“a fine crash from the piano”
“interrupted by a shuddering cry”
Answer:
“smiling shamefacedly at his own credulity”
Explanation:
Answer:
its c
Explanation:
What is the role of the third part in mediation?
A. Adversary
B.Advocate
C.Friend
D.Facilitator
Answer:
b
Explanation:
Answer:
facilitator
Explanation:
The accompanying chart shows the qualitative characteristics of useful accounting information. Fill in the blanks. Fundamental Qualities Usefulness Enhancing Qualities Relevance Consistency select an aspect of relevance select an enhancing quality select an aspect of relevance select an enhancing quality select an aspect of relevance select an enhancing quality Understandability Faithful Representation select an aspect of faithful representation Neutral select an aspect of faithful representation
Answer:
Follows are the solution to this question:
Explanation:
please find the attached file.
In point a the answer is "predictive value", Its sensitivity and precision of the results as well as diseases pervasiveness throughout the populace being tested involve determining predictive power.
In point b, the answer is "confirmatory value" which allows users to check and verify previously estimated or assessments.
In point c, the answer is "materiality" is the importance of certain facts to a sensible user throughout the decision-making and also how their incorporation in the financial reports will impact the assessment of past, portray, and upcoming things.
In point d, the answer is complete.
In point e, the answer is free of error.
In point f, the answer is "comparability " its quality of financial reports, which involves comparing yet another company's financial reporting with yet another firm's earnings reporting.
In point g, the answer is "verifiability " must be verified by the same information and hypotheses.
In point h, the answer is "timeliness "it is a prompt method that is how quickly taking account data for users is accessible.
An investor thought that market interest rates were going to decline. He paid $19,000 fora corporate bond with a face value of $20,000. The bond has an interest rate of 10% per year payable annually. If the investor plans to sell the bond immediately after receiving the 4th interest payment, how much will he have to receive (sell it for) in order to make a return of 14% per year?
Answer:
$22,251
Explanation:
Coupon rate = $2,000
Now, we calculate the seired sale price of the bonds:
19,000 = 2,000[P/A, 14%, 4] + S[P/F. 14%, 4]
19,000 = 2,000(2.9137) + S(0.592)
S = (19,000 - 5,827.4) / 0.592
S = 22251.01351351351
S = $22,251
So, he have to receive $22,251.
an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance
Answer:
Image distance = 60 cm
Explanation:
Object distance from a convex lens = 20 cm
Focal length of convex lens = 15 cm
Use the following relation between the object distance, focal length and image distance.
[tex]\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}[/tex]
[tex]\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}[/tex]
Therefore,
Image distance = 60 cm
Sales of quilt covers at bud banis's discount department store in carbondale over the past year are shown below. management prepared a forecast using a combination of exponential smoothing and its collective judgment for the 4 months (march, april, may, and june):
Answer:
The MAD is 15.50
Explanation:
Note: The question was incomplete, please find the attached complete question.
MAD for forecast
MAD refers to mean absolute deviation.
MAD determines the forecasted value of the demand from the actual demand.
MAD is described as a mean deviation for every period in absolute terms.
The MAD is calculated as follow
Month ____ Sales Units ___ Forcasted Value ____ Absolute deviation
____________ X _____________ Y ______________ |X – Y|
March _____ 101 units _______ 120 units __________ 19 units
April ______ 96 units ________114 units ___________18 units
May _______89 units ________112 units ___________23 units
June______ 108 units ________110 units ___________2 units
Total absolute Deviation ________________________ 62 units
Calculate the Mean of absolute Deviation as follow
Mean of absolute Deviation as follow = Total absolute Deviation / Numbers of months
Mean of absolute Deviation as follow = 62 units / 4 months
Mean of absolute Deviation as follow = 15.50 per month
Mean of absolute Deviation as follow = 15.50
does anyone know the answer to this
Answer:
My answer is B.
Explanation:
The reason its in the question lol.
Type the correct answer in the box. Spell all words correctly.
Which pricing strategy involves setting a high price for an exclusive, high-end product?
The
pricing strategy involves setting a high price for an exclusive, high-end product.
Answer:
premium pricing strategy
Explanation:
plato
hey does anyone play nitro type!?
yeah lol I used to play all the time but I sucked at it
Which descriptions offer examples of Marketing Information Management and Research workers? Check all that apply.
a-Amelia gathers and analyzes information about a company's competitors and target market to determine its
market strategy.
b-Donna meets with people in person and on the phone to ask them survey questions.
c-Nick arranges products in a store for customers to see.
d-Otis calls customers on the phone to sell them products.
e-Sung writes survey questions and analyzes the information gathered from them.
f-Ginger schedules product shipments and organizes the workers and activities in a warehouse.
Answer:
A,B, and E
Explanation:
Got right on edge
Descriptions that offer examples of Marketing Information Management and Research workers are Amelia gathers and analyzes information about a company's competitors and target market to determine its market strategy, Donna meets with people in person and on the phone to ask them to survey questions, Sung writes survey questions and analyzes the information gathered from them. Option (A) (B) and (E) are correct.
What do you mean by Marketing?The activity, set of institutions, and processes for making, communicating, delivering, and changing offerings that have value for customers, clients, partners, and society at large are referred to as marketing.
A target market is a group of people that have been determined as the most likely possible customers for merchandise because of their shared characteristics such as age, income, and lifestyle.
Therefore, Options (A) (B), and (E) are correct.
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what concept of scarcity refers to what idea
Answer:
D
Explanation:
people have limited resources to fufill their unlimited wants.
this one just sounded right to me.
sorry if this is wrong
A company's data analysis team needs to perform real-time complex queries against a database. As the team grows the complex queries are slowing down production transactions. The current environment has an Amazon RDS database with the largest instance typing and is still experiencing performance issues. Which solution will reduce cost and resolve the performance issue?
Answer: Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.
Explanation:
The options include:
a. Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size.
b. Implement Amazon ElastiCache and run the query against ElastiCache directly.
c. Implement Amazon EC2 instances to run a cluster of the production database and remove the RDS database instance.
d. Implement a larger Amazon RDS database instance type and apply Reserved Instances by submitting a limit increase request.
The solution that will reduce cost and resolve the performance issue is option A"Implement an Amazon RDS Read Replica of the production database to be used by the Data Analysis team and reduce the RDS database instance size".
We should note that the Amazon Relational Database Service (Amazon RDS) is quite easy to set up, and it also gives a cost efficient capacity while there is automation of the database setup, backups, provisioning of hardware.
1. Which of the following is the money or other resources needed to pay for a part or
parts of the company?
A. Investment
B. Purchasing cost
C. Grant
D. Finance
Answer:
A. Investment
Explanation:
The money that you need to pay to purchase and acquire a part of a company is an investment. This investment can be used, for example, to buy stock. A stock is a title of ownership of a company for the percentage of the company that the stock represents. If I own 100 stocks that represent 1% of a company, then, I own 1% of that company. In other words, my investment (my money) is worth 1% of said company.
An example of this operating expense is checkout counters.
1) Advertising
2) Fixtures
4) Rent
5) Equipment
Answer:
On EDGE it's A. Fixtures
Explanation:
The answers are listed wrong here for the edge question but it is fixtures for either.
1. What factors would lead to an increase in population.
global warming, pollution and birth rates
better health care, access to food and clean water
access to water, public transportation and pollution
O public transportation, migration and jobs
Answer:
global warming, pollution and birth rates
Explanation:
I hope this helps! ^^
☁️☁️☁️☁️☁️☁️
Andrew’s company uses a special email program for communicating within the organization. What should the company do to ensure that its employees are able to access the inbox even when they are away from office?
Answer:
Make a program available as a web app
Explanation:
Since in the given situation it is mentioned that the Andrew company used a special email program for communication within the organization so is able to ensure that the employees able to access still when it is away from the office so here the program should be made that would be a web app
Therefore the same would be considered
1. The company reported LIFO cost of goods sold of $31,049 million. Calculate the amount that would be reported for cost of goods sold had Caterpillar used the FIFO inventory method for all of its inventory during 2017. 2. Using the cost of goods sold calculated in requirement 1, how much higher (lower) would income before taxes be, if Caterpillar had used the FIFO inventory method for all of its inventory?
Answer:
Note: The full question is attached as picture below
1. Cost of goods sold = Beginning inventory + Purchase - Ending inventory
If FIFO method is used,then beginning and ending inventory will increase. Increase in beginning inventory will increase the cost of goods sold. Increase in ending inventory will decrease the cost of goods sold.
Cost of goods sold under FIFO = $31049 + $2139 - $1934 = $31,254
2. Cost of goods sold under LIFO = $31049
Cost of goods sold under FIFO = $31254
Increase in cost of goods sold = $31254 - $31049 = $205
Increase in cost of goods sold will decrease the income before taxes
Decrease in income before taxes = $205
how to make a business title
Answer:
In this article, we'll give you eighteen tips for coming up with a great business name.
Use acronyms.
Create mash-ups.
Get inspiration from mythology and literature.
Use foreign words.
Use your own name.
Take a look at a map.
Mix things up.
Partner with another company.
Answer:
try to make it catchy, but relevant to your subject. its easy to remember, not hard to spell, and remember it doesn't have to really really cool, as long as it makes sense, and is easy to remember
Explanation:
What skills do you think an aircraft engineer would need to have?
Statement of financial position is prepared to calculate the profit for the year of the business.
True
False
Car crashes in the United States result in high costs. In what areas do these high costs occur?
Select the 2 answer options that apply.
Money
Work time
Human lives
Sleep
Answer:
human lives and money i took that quic
