Blue Spruce Corp. Has the following inventory data: July 1 Beginning inventory 126 units at $19 $2394 7 Purchases 441 units at $20 8820 22 Purchases 63 units at $22 1386 $12600 A physical count of merchandise inventory on July 30 reveals that there are 210 units on hand. Using the average cost method, the value of ending inventory is $4074. $4,326. $4,269. $4,200

Answers

Answer 1

The value of ending inventory using the average cost method is $4,200.

What is the ending inventory?

In order to determine the ending inventory using the average cost method, the total cost of inventory would be divided by the total inventory bought. The average price would be multiplied by the ending inventory.

Average cost = $12,600 / (126 + 441 + 63) = $20

Ending inventory = $20 x 210 = $4,200

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Related Questions

For a 13-person team, how many extra workers should be hired to meet the labor hours needed without overtime

Answers

For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.

What is Labor hours?

This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.

Note that "Labor hours" is one that entails hours of work that has been carried out  by workers who have been employed by the general contractor or the subcontractors  that are found to be working on the project.

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Sunland Corporation had net income of $2100000 and paid dividends to common stockholders of $510000 in 2021. The weighted average number of shares outstanding in 2021 was 421000 shares. Sunland Corporation's common stock is selling for $29 per share on the NASDAQ. Sunland Corporation's payout ratio for 2021 is

Answers

The payout ratio of Sunland Corporation's for 2021 given the dividends paid and the net income is 0.24.

What is the payout ratio?

The payout ratio is the ratio of the dividends paid out to shareholders as a function of the net income of the company. It is the ratio of the dividend to net income.

Payout ratio = dividend / net income

Payout ratio = $510,000 / $2,100,000 = 0.24

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Import quotas are used to help protect domestic companies from foreign competition.
True
False

Answers

True. i suppose thats what i know

What skills and characteristics would an employer be looking for when hiring a person for an administrative job?.

Answers

Answer:

Explanation:

It depends on the administrative job specifically, but most administrative jobs require/want their employees to have basic computer literacy skills, organizational skills, strategic planning, scheduling skills, time-management skills, verbal and written communication skills, critical thinking skills quick-learning skills, and detail-oriented.

Determine the due date and the amount of interest due at maturity on the following notes:

Date of Note Face Amount Interest Rate Term of Note
a. January 5 * $90,000 6% 120 days
b. February 15 * 21,000 4 30 days
c. May 19 68,000 8 45 days
d. August 20 34,400 5 90 days
e. October 19 50,000 7 90 days
* Assume a leap year in which February has 29 days.

Assume 360 days in a year when computing the interest.

Note Due Date Interest
(a) May 4
(b) Mar. 16
(c) July 3
(d) Nov. 18
(e) Jan. 17

Answers

i think the answer is c. july 3rd !
Amount of interest = face amount x [interest rate x (term of note / 360)]

(a) 90,000 x 0.06 x (120/360)
(b) 21,000 x 0.04 x (30/360)
(c) 68,000 x 0.08 x (45/360)
(d) 34,400 x 0.05 x (90/360)
(e) 50,000 x 0.07 x (90/360)

Remember the interest rate is stated on an annual basis, while the term is expressed as days

(a) $1,800
(b) $70
(c) $680
(d) $430
(e) $875

What happens when the price of a good increases? The quantity of goods that are produced increases. The producer of the good is certain to make less money. The quantity of goods that are produced decreases. The quantity of goods that are produced stays about the sam

Answers

Because due to increase in the price of the product the consumer demand for this product decreases.

During times of a need, such as following a natural disaster, firms will overcharge for certain items or services, knowing customers will pay the higher cost due to lack of options. This unethical pricing practice is known as:.

Answers

The name of unethical practice that firms engage in when they overcharge for certain items or services is known as price gouging.

What is an Unethical Practise?

This refers to the behavior which is shown to have no honor and respect for due process and is usually done in order to make a quick profit to the detriment of others.

Hence, we can see that when there are natural disasters or situations when there are uncertain situations, some firms actually overcharge for certain items or services, knowing customers will pay the higher cost due to a lack of options and this is known as price gouging.

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why is the sun cold how can my fish walk and why does my dog talk

Answers

Answer:

bro what ???

Explanation:

the sun is cold because is out in space(space=cold)

A leader's use of power can influence his or her overall effectiveness as a strategic manager. Which of these statements is true? a. Edward Wrapp says that effective leaders should use their power in a dictatorial fashion to ensure team members understand who the final decision maker is. b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge. c. Jeffrey Pfeffer believes that only those with a title and official position can exert power within an organization. d. Edward Wrapp argues that organizational leaders do not have anything in common with political leaders and should not behave democratically.

Answers

Answer:

b. Jeffrey Pfeffer explains that ultimately a manager's power comes from his or her control over resources, such as budgets, capital, positions, information, and knowledge.

Explanation:

A true leader does not believe in dictatorship, rather believes in team work. When a leader uses his information received from various sources he creates an understanding with the current and expected performance standards of the company.

This provides for the use of resources like reports in the form of budgets, available understanding of finances of company etc:

A true manager or leader shall use his understanding on the company requirements and possible opportunities.

Thus, option B provides for the same.

The highest salaries and highest foreseeable level of future demand are most likely to be open to

A. STEM professionals
B. tradespeople
C. liberal arts professionals
D. human services professionals

Answers

The highest salaries and the  highest foreseeable level of future demand are most likely to be open to tradespeople.

Who are the tradespeople?

This is the term that is used to refer to the people that are specialized in a particular trade.

Due to the fact that there is an ever rising demand for trade, these people would have the greatest future salary.

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Answer: A.

Explanation:

Monopolistic competition has which drawback compared to a monopoly?
A. Consumers have fewer options for buying new products.
B. Companies have less capital for expensive investments.
C. Prices are more likely to be fixed at high levels.
D. Governments are more likely to regulate them.

Answers

Answer:

B. Companies have less capital for expensive investments.

Explanation:

In monopolistic competition, there are many companies that compete in the same market. Each company only has some market power, because most of that power is shared among all of the companies of the market as a whole.

For this reason, companies in monopolistic competition obtain less revenue than companies in monopoly, and this means not only less profit but also less capital for expensive investments.

Answer:

It is, in fact, indeed, most definitely, positively, B

Explanation:

Why does supplier competition make it harder for an entrepreneur to be successful

Answers

Answer:

because the supplier is already supplying sellers with what the entrepreneur is supposed to be selling and if more people are going to the other suppliers than no one will buy it from the entrepreneur because they can get it from suppliers

Explanation:

sorry if its wrong!

Its gives other entrepreneur advantage over the entrepreneur in question.

Suppliers encompasses people who supplies raw materials, finished goods to the users which can be an organisation or an entrepreneur.

Now, when there is competition, people tends to approach suppliers whose goods are cheaper. This gives some entrepreneur advantage over others because they sells at price at lower than their competitors.

A typical example is when a supplier prefers to supply goods to an entrepreneur in an axis based on previous relationship. Other entrepreneur may suffers because they might get the product at higher price from another supplier

In conclusion, if  price ceiling are employed, it will make uniform the price at the all suppliers will sell their goods to entrepreneur, hence, no entrepreneur will at higher advantage than others

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Which of these careers sound interesting to you? Check all that apply.

Farmworker
Veterinarian
Animal Trainer
Agricultural Inspector
Food Scientist
Farm Equipment Mechanic
Forester
Environmental Engineer

Answers

Answer:

this is a personal question, just pick what ever you're interested on.

hope it helps.

Farmworker, veterinarian, and animal trainer all sound like interesting occupations to me. Thus, the answers (A), (B), and (C) are accurate.

What do you know about Animal Trainer?

Animal training is the process of teaching animals precise reactions to particular circumstances or stimuli. Training may be done for friendship, detection, protection, or even enjoyment.

Depending on the training technique employed and the goal for which the animal is being trained, the sort of training an animal receives will differ. A seeing-eye dog, for instance, will be trained to accomplish a different aim than a wild animal in a circus.

There are organizations that certify animal trainers in some nations. They don't have any common objectives or specifications, and they don't stop anyone from using the title or working with animals. Similar to other countries, the United States does not demand any particular accreditation from those who train animals.

The natural actions of an animal should be taken into account by an animal trainer.

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Many companies have been forced to deal with a type of online fraud that lures their employees into disclosing personal information. The employees receive an email that appears to come from the Internal Revenue Service, demanding confirmation of their Social Security numbers. The message threatens that noncompliance will mean criminal penalties. These employees are victims of ___________________.

Answers

The answer is definitely Identify Fraud

The strategy of making work interesting and motivating employees by moving them from one job to another is called job:.

Answers

The strategy of making work interesting and motivating employees by moving them from one job to another is called job rotation

What is job rotation?

Job rotation is an employee management method where employees move between two or more job functions. An advantage of job rotation is that it allows employees to have more skills than they would have if they focused on only one job function.

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What is a country that wants to increase its gross domestic product trying to
achieve?
A. It wants to increase the value of goods and services it produces.
B. It wants to prevent its currency from gaining or losing value too
quickly.
C. It wants to reduce the number of people who can't find a job.
D. It wants to increase its economic productivity per person in the
country

Answers

Answer:

A. It wants to increase the value of goods and services it produces.

Explanation:

GDP is the total value of all commodities and services produced within the country over a  given period.  Only finished consumer goods are considered when calculating GDP. The GDP value communicates the state of a country's economy. An increase in GDP reflects growth, while a decrease suggests a recession.

When a country wants to increase the GDP value, it is thinking of increasing the value of all commodities and services produced within its boundaries. Increasing GDP is similar to expanding the economy.

Answer:

it wants to increase the value of good and services it produces

Explanation:

Michelle runs a shop on etsy. One month, she spends $2,800 to promote her shop on etsy and other social media sites. In that month, she gains 50 new customers. All customers purchased products that cost $100, that were marked up 100 percent. What is the actual amount of revenue earned per customer, taking into account materials and promotional costs?.

Answers

The actual amount of revenue earned per customer, taking into account materials and promotional costs is -$6.

Actual amount of revenue

First step is to find the customer acquisiton cost

Customer acquisition cost=Amount spent/Number of new customers

Customer acquisition cost=$2,800/50 customers

Customer acquisition cost=$56

Second step is to calculate the amount of revenue

Amount of revenue=$50-$56

Amount of revenue=-$6

Inconclusion the actual amount of revenue earned per customer, taking into account materials and promotional costs is -$6.

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Volunteering at an animal shelter is a great way to

demonstrate your passion for helping others
develop additional computer skills
earn money to pay for college tuition
show you have become skillful at studying

Answers

When we volunteer at an animal shelter, this is a great way to demonstrate your passion for helping others.

What does volunteerism show?

Volunteerism refers to work that we are not paid for and are only doing in order to help others.

When we volunteer in an animal shelter therefore, it means that we are helping out others, be they animals or humans who need animal companions.

In conclusion, option A is correct.

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Answer: A - demonstrate your passion for helping others.

Explanation:

I got it right on my test.

One reason firms carry inventory is to ______, that is, to use inventory as a buffer between successive internal operations to avoid disruption in the event of equipment breakdowns or accidents.

Answers

One reason firms carry inventory is to use inventory as a buffer between successive internal operations

What is inventory?

Inventory involves taken records or account of raw materials or resources that are used to produce goods .

It also involves taken account of goods that are available for sale, it helps to know and plan ahead of Productionm

Therefore, One reason firms carry inventory is to use inventory as a buffer between successive internal operations.

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Aggregate demand refers to the relationship between :_________
A. the price level and the quantity of real GDP supplied.
B. prices and the quantity of a good demanded.
C. the price level and the quantity of real GDP demanded.
D. prices and the quantity of a good supplied.

Answers

Answer:

C

Explanation:

The higher the price level the higher the result of real GDP demanded

Work Survival skills include?
A. introducing new ideas, coordinating tasks, and managing groups
B. identifying problems, gathering information, and imagining alternatives
C. cooperating, providing support, and expressing feelings
D. being punctual, managing time, and enforcing policies

Answers

Answer:d

Explanation: because it is in the work place survival skills manual

hope this helps

In the Work Survival skills includes the cooperating, providing support, and expressing feelings. The correct option is (C).

What do you mean by Work survival Skills?

The ability to maintain one's life in either a built-up or a natural setting is known as survival skills.

The required skills in the work survival are:

Design thinking.Online cooperationManage cognitive burden.Digital literacyTransdisciplinary.Computation-based reasoning.Cultural sensitivity.Social awareness.Innovative and flexible thinkingPerception.

Even though they are not necessary in our modern world of support systems, survival skills will help you become a more independent person who is aware that they don't necessarily need to rely on all of our modern infrastructure systems to survive.

Therefore, in the Work Survival skills includes the cooperating, providing support, and expressing feelings.

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The difference between social cost and private cost is a measure of the:.

Answers

Answer:

cost of externality

Explanation:

Businesses in the nation of Islandia have been accumulating cash because they have a pessimistic outlook of the national economy. Due to recent changes in the economic outlook of Islandia, business leaders have started investing some of their accumulated cash. Instructions: Enter your answers as a whole number. Use a positive number to show an increase and a negative number to show a decrease. a. If business leaders invest a total of $30 billion of accumulated cash, what is the maximum expected change in GDP if Islandia's marginal propensity to consume is 0.8

Answers

The maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.

Maximum expected change in GDP

First step is to find the Multiplier

Multiplier= 1/(1 − MPC)

Multiplier = 1/(1 − 0.80)

Multiplier= 1/0.20

Multiplier=5

Second step

Maximum expected change = 5 × $30 billion

Maximum expected change = $150 billion

Inconclusion the maximum expected change in GDP if Islandia's marginal propensity to consume (MPC) is 0.8 is: $150 billion.

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A company delivers packages by truck and would like to minimize the length of the route that each driver must travel in order to reach n delivery locations. The company is considering two different algorithms for determining delivery routes.
Algorithm I Generate all possible routes, compute their lengths, and then select the shortest possible route. This algorithm does not run in reasonable time.
Algorithm II Starting from an arbitrary delivery location, find the nearest visited delivery location. Continue creating the route by selecting the nearest unvisited location until all locations have been visited. This algorithm does not guarantee the shortest possible route and runs in time proportional to n2.
Which of the following best categorizes algorithm II?
A. Algorithm II attempts to use an algorithmic approach to solve an otherwise undecidable problem.
B. Algorithm II uses a heuristic approach to provide an approximate solution in reasonable time.
C. Algorithm II provides no improvement over Algorithm I because neither algorithm runs in reasonable time.
D. Algorithm II requires a much faster computer in order to provide an improvement over Algorithm I.

Answers

Answer:

Algorithm II uses a heuristic approach to provide an approximate solution in reasonable time.

Explanation:

Enumeration: Give the top five (5) known families who owned the big Corporations in
the Philippines.

Answers

Answer:

The top five (5) known families who owned the big Corporations in  the Philippines are discussed below in details.

Explanation:

The Philippines’ market world is controlled by a few prominent business families that have stakes in nearly every perspective of economics, from strength and mechanisms to real estate and production.

FAMILY-OWNED corporations continued to control the Philippine industry landscape.

The top five (5) known families who owned the big Corporations in the Philippines are:

The Sy FamilyThe Lopez FamilyThe Gokongwei FamilyThe Ayala FamilyThe Aboitiz Family

The correct statement is that the top five Philippines' families which are the owners of big corporations are

Lopez FamilyGokongwei familySy FamilyAboitiz familyAyala Family

These families are the owners of one of the biggest corporate houses that exist in the Philippines and still continue to dominate the nation's economic policies.

Family Corporations

The families as mentioned above are indirectly the runners of the country's economy, owing to which there exists a big amount of corruption in the nation.

As the families have subsequent powers under their control, it is said to be running the country for a prolonged period of generations now.

Hence, the families like Sy family, Gokongwei family, Ayala family, Aboitiz family and Lopez family own big corporations in the Philippines.

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A transaction against a consumer's normal buying behavior can be used to do which
of the following?
Create promotional campaigns
Identify similar customer behaviors
Detect fraudulent credit card transactions
Group the customer into a different category?

Answers

Consumer behavior can be studied, transaction against a consumer's normal buying behavior can be used to identify similar customer behaviors.

What is consumer behavior?

It is the attitude of an individual, organization or group of people towards a particular goods and services.

It involves a study of this individuals and groups to know their perception of a product.

Therefore, transaction against a consumer's normal buying behavior can be used to identify similar customer behaviors.

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Answer:

Detect fraudulent credit card transactions

Explanation: I got it correct trust me

If you started a car wash service today but didn't have the funds to pay
for advertising how would you advertise?

Answers

Simply make a sign and go out on
the streets.

Using its aging of accounts receivable, Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible. Prior to making its adjusting entry, the unadjusted Allowance for Doubtful Accounts has a credit balance of $1,000. After the adjustment, the:_____.a. Allowance for Doubtful Accounts will have a $90,000 credit balance.b. Bad Debt Expense will equal $90,000.c. Allowance for Doubtful Accounts will have an $89,000 credit balance. d. Allowance for Doubtful Accounts will have a $91,000 credit balance.

Answers

Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, this implies that, after the adjustment, a. the Allowance for Doubtful Accounts will have a $90,000 credit balance.

What is Aging of Accounts Receivable?

Aging of Accounts Receivable can be described as a technique of identifying open accounts receivables depending on the amount of time an invoice has been outstanding.

The importance of the aging of accounts receivables is its employment in ascertaining the allowance for doubtful accounts.

Since Age Old, Inc. estimates that $90,000 of its $4,000,000 of accounts receivable will be uncollectible, the implication of this in aging is that the desired ending credit balance of Allowance for Doubtful Accounts is $90,000.

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What happens when the firm achieves the breakeven point?.

Answers

The total sales equal and correlate to the total expense when a firm achieves the breakeven point.

What is a breakeven point?

The term "breakeven point" in accounting is used in a variety of commercial and financial contexts. It is the level of output about which total production income equals entire production expenses.

This indicates that you are taking in the same amount of money as you require to meet all of your costs and manage your firm. Your firm does not make a profit or benefit when it reaches break-even and It does not also incur any loss.

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What is the relationship between kaizen and the deliberate practice?.

Answers

The relationship between Kaizen and the deliberate practice lies on the fact that;

Deliberate practice is frustrating, uncomfortable, and most importantly painful, although it separates those who achieve from those who don’t.

Messages from Deliberate Practice

Talent is definitely not enough. Hence, Practice as characterized by hard work is the difference between good and great. Expert performance is characterized by hard work and requires repeated actions. Focus is important, In essence, break the work into manageable parts. Setting goals and perseverance is very important Generating Feedback in the moment.

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During May, the following activity was recorded: Raw materials (all direct materials): Beginning balance $ 9,100 Purchased during the month $ 38,600 Used in production $ 39,900 Labor: Direct labor-hours worked during the month 2,500 Direct labor cost incurred $ 25,110 Actual manufacturing overhead costs incurred $ 33,900 Inventories: Raw materials, May 30 ? Work in process, May 30 $ 17,093 Work in process inventory on May 30 contains $3,849 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The cost of goods manufactured for May was: above it says find the missing angle measurement. You have just moved into a new apartment and are trying to arrange your bedroom. You would like to move your dresser of weight 3,500 N across the carpet to a spot 5 m away on the opposite wall. Hoping to just slide your dresser easily across the floor, you do not empty your clothes out of the drawers before trying to move it. You push with all your might but cannot move the dresser before becoming completely exhausted. How much work do you do on the dresser? You have just moved into a new apartment and are trying to arrange your bedroom. You would like to move your dresser of weight 3,500 across the carpet to a spot 5 away on the opposite wall. Hoping to just slide your dresser easily across the floor, you do not empty your clothes out of the drawers before trying to move it. You push with all your might but cannot move the dresser before becoming completely exhausted. How much work do you do on the dresser? W>1.75104J W=1.75104J 1.75104J>W>0J W=0J Hello please help will give brainliest! Jocko works for IBM, a publicly traded company that sponsors a stock bonus plan. Which of the following statements is not correct regarding the plan? a. If the distribution of IBM stock is made to Jocko in installments over a two year period, then the fair market value of all employer securities distributed in the installment distribution will be taxable as ordinary income. b. Jocko is permitted to vote the shares of IBM within his account. c. Upon termination, Jocko must be given the right to receive IBM stock held in the plan as part of a distribution. d. If Jocko has less than three years of service, he is permitted to diversify one-half of company match contributions that consist of IBM stock. the cuticle is made of a waxy material. suggest an advantage to a plant of this feature What is a government?A. a small group of people that bosses people aroundB. a single individual that orders other people aroundC. a an organized body of people that make laws for a nationD. a building Jefferson delays mentioning the American colonies until late in the introduction. How does this delay affect his argument? 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