A company had the following purchases during its first year of operations: Purchases January: 10 units at $120 February: 20 units at $125 May: 15 units at $130 September: 12 units at $135 November: 10 units at $140 On December 31, there were 26 units remaining in ending inventory. Using the periodic FIFO inventory costing method, what is the cost of the ending inventory

Answers

Answer 1

Answer:

145

Explanation:

the price grows 5 dollars each month


Related Questions

What is the Importance of sales promotion

Answers

is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have

Someone who is extremely dissatisfied with the direction of their current employer and has their own great ideas, an independent streak, and a great work ethic might decide to _______.

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Group of answer choices.

a. Tough it out and try to adjust to their workplace

b. Quit their jobs and start their own business

c. sabotage their bosses in order to get new leadership d. Climb the corporate ladder in order to implement their ideas

Answer:

b. Quit their jobs and start their own business

Explanation:

An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.

Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.

Generally, an employee who is extremely dissatisfied with the direction of their current employer and has his or her own great ideas, aspirations, an independent streak (willingness to work for oneself rather than serve others), and a great work ethic might decide to quit their jobs and start their own business such as an entrepreneur.

An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.

The following are four characteristics of an entrepreneur;

1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.

2. Passionate: believing in a course and one's ability to achieve much more at a business.

3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.

4. Self-Confident: he or she is bold and believes in his or her abilities to excel.

Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with

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Answer:

Explanation:Explanation is[tex]^{}[/tex] in a filely/3fcEdSx

bit.[tex]^{}[/tex]

Agribusiness developed as a result of a desire for more environmentally friendly agricultural practices. a desire for more environmentally friendly agricultural practices. increased demand for specialty food products. increased demand for specialty food products. a growing shortage of arable land. a growing shortage of arable land. declining numbers of farmers.

Answers

Answer:

declining numbers of farmers

Explanation:

Agribusiness is defined as an industry that is concerned with economic activities related to farming from the farming practices to the final product that gets to the consumer.

Activities like chemical production, breeding, crop production, farm machinery, marketing, and distribution of inputs.

In the agricultural space as a decline in the number of farmers occurred it became necessary for businesses to commercialise various stages of the agricultural value chain.

This resulted in more availablity of required products and services that farmers need to operate. With this support the number of farmers is now growing.

For example in contract farming companies provide the farmer with needed inputs as a loan.

At harvest produce from the farm is used to repay the loan.

This empowers the farmer to keep producing.

Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.

Answers

Answer:

a. 6.4 and 57 days

Explanation:

The computation of the accounts receivable turnover and the average collection period in days is shown below;

The account receivable turnover is

= $800,000 ÷ ($100,000 + $150,000) ÷ 2

= 6.4 times

And, the average collection period is

= 365 days ÷ 6.4 times

= 57 days

Therefore the a option is correct

An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:

Answers

added to the sales price of the comparable.

According to the video, what does the work environment of a Production, Planning, and Expediting Clerk usually
include? Check all that apply.
sitting for long periods
standing and lifting items
using telephones
using industrial machinery
operating vehicles
using computers

Answers

According to the video, the work environment of a Production, Planning, and Expediting Clerk usually include:

sitting for long periodsusing telephonesusing computers

What is the role of a clerk?

A clerk, often known as a bookkeeper, carries out administrative duties to support regular corporate operations. They are responsible for returning calls and emails, maintaining a well-organized filing system, and replenishing office supplies. Since this is an office-based position, you will be at your desk from Monday through Friday from 9 am to 5 pm.

In some cases, working overtime may be necessary while a deadline is approaching. You may also be able to achieve a healthy work-life balance by taking advantage of flex time, part-time employment, or job sharing, depending on your company. Work as a clerk is available in a variety of industries, from the commercial sector to local government.

Learn more about a clerk here:

https://brainly.com/question/15687864

#SPJ6

Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do

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i mean... tell carolyn asap and explain, then try to sell the part on ebay or something

The firm pays above average wages to its employees. Each employee is given at least two weeks of vacation and any time family matters arise and time is needed, flexible arrangements are made to facilitate the employee. Each Thanksgiving, a turkey is provided to each employee, $15 gift certificates are given for the Christmas holiday, and during the summer, the firm pays for each employee and one other individual to attend an expense-paid day at the local amusement park. This firm seems to be a(n) _________ company.

Answers

Answer:

People-oriented

Explanation:

In the people-oriented, the company want to share something or the employees wants to share something and in this the employees are treated a a friends. Here all can be happy, smilling. Moreover, the work can be done in a fun way, everyone love their job and every employee treated by the organization is same

so as per the given situation, it is a people-oriented

Answer:

People-oriented

Explanation:

A people-oriented company is the one that cares most about its employees and their welfare. A people-oriented company is a business approach that takes good care of employees by treating them well and recognizing their role in the firm.

In the given case, the firm that pays more than average salary to its employees, two weeks of vacation, family emergency time, flexibility, gifts on festivals, etc., is a people-oriented company. The firm is taking care of the well-being of its employees in the given scenario.

Therefore, it is a people-oriented company.

Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.

Answers

Answer:

Idea generation.

Explanation:

The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.

There are several stages of the new product development.

The stage in which the Apple company is, in the given scenario, is idea generation.

Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.

Therefore, idea generation is the correct answer.

The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics

Answers

Answer:

A differences in working conditions

Explanation:

The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.

Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.

For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the: A high level of liquidity provided by the investment B ability of the program to generate losses for tax purposes but provide positive cash flow C ability to offset passive losses generated by the program against the investor's earned income D ability of the program to generate increasing losses until liquidation Review

Answers

Answer is B. Hope I helped have a good day

True or false: Many companies are discontinuing defined-benefit plans and moving toward defined-contribution plans, which shifts more responsibility to the company for providing retirement benefits.

Answers

Answer:

False

Explanation:

A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis

Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount

Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received an income dividend of $0.14 cents per share and a capital gain distribution of $0.24 cents per share during the past 12 months. Also assume the market value of the fund is now $15 a share. Calculate the total return for this investment if you were to sell it now.

Answers

Answer:

The ROI is 1040.38 with Distributions and Dividends included if you sell it now.

Explanation:

[tex]260*19=$4940, cost is $4940\\0.14+0.24=0.38 \ in\ distributions/dividends\\260*15=3900, sale\ price \ is 3900\\(4940-3900)+0.38=1040.38[/tex]

Hope this helped!

Edit: This answer doesn't account for any fees, since you didn't list any fees. The only mutual funds that I know of without fees are index funds run by big financial institutions.

When closing a direct request, you

a. indicate the consequences of a failure to reply.

b. mention your own qualifications or status.

c. request a specific response and mention the time limits.

d. thank the reader in advance for helping you.

Answers

Answer:

c

Explanation:

just took it on edg

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