Business, 04.03.2021 21:30 marithatkid
During the months of November and December 2014, Comfy Home had the following transactions related to holiday wreaths: November 1, 2014 - purchased 40 wreaths for $15 each Between November 2 and November 29, 2014 - sold $1,000 worth of wreaths for a sales price of $50 each November 30, 2014 - purchased 85 wreaths for $20 each Between December 1, 2014 and December 31, 2014 - sold $5,000 worth of wreaths for a sales price of $50 each If Comfy Home uses the LIFO method for recording their inventory, what is the amount transferred to the cost of goods sold account during the month of December 2014
Answers: 1
Business, 22.06.2019 00:30
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
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Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
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Business, 22.06.2019 11:10
The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.
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Business, 22.06.2019 11:20
Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:
Answers: 1
During the months of November and December 2014, Comfy Home had the following transactions related t...
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