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CD

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(Table: Cost Data) Use Table: Cost Data.The average total cost of producing 5 purses is:

A) $10.
B) $38.
C) $48.
D) $240.

On Jul 23, 2024


C
CD

Answered

Which of the following are unlikely to influence the sales forecast?

A) Past sales levels
B) Past production levels
C) Economic trends
D) The pricing policy of the company

On Jun 29, 2024


B
CD

Answered

Determine the difference in the amount of income that the company would have reported if it had used the FIFO method instead of the LIFO method. Would income have been greater or less?

On Jun 15, 2024


1. FIFO: Ending inventory $3,660\$ 3,660$3,660
300 units @$8=$2,400180 units @$7480 units =1,260$3,660\begin{array}{lll}300 \text { units } @ \$ 8 & = & \$ 2,400 \\\frac{180 \text { units } @ \$ 7}{480 \text { units }} & = & \frac{1,260}{\$ 3,660}\end{array}300 units @$8480 units 180 units @$7==$2,400$3,6601,260

2. Average Cost: Ending inventory $3,216\$ 3,216$3,216
$6,700÷1,000=$6.70\$ 6,700 \div 1,000 = \$ 6.70$6,700÷1,000=$6.70 per unit ×480\times 480×480 units =$3.216‾‾= \underline { \underline { \$ 3.216 } }=$3.216 Income would have been $880 ($3920 vs. $3040) greater if the company used FIFO instead of LIFO.
CD

Answered

What is the first step in the preparation of an information-gathering interview?

A) Identifying the goal
B) Deciding the procedure
C) Setting the questions
D) Selecting the appropriate person

On Jun 14, 2024


A
CD

Answered

Assume that stock market returns do follow a single-index structure. An investment fund analyzes 200 stocks in order to construct a mean-variance efficient portfolio constrained by 200 investments. They will need to calculate ________ estimates of expected returns and ________ estimates of sensitivity coefficients to the macroeconomic factor.

A) 200; 19,900
B) 200; 200
C) 19,900; 200
D) 19,900; 19.900

On May 30, 2024


B
CD

Answered

There are three parties to a check: (1)_______________ (2)______________ and the (3)______________.

On May 02, 2024


maker payer payee
CD

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Describe installment notes and the nature of the typical payment pattern.

On May 01, 2024


Installment notes are agreements to repay borrowed amounts over several periods through a series of payments.The most common type of note requires an equal payment which is allocated between principal and interest.With equal total payments,the cash payment remains constant over the life of the note while the amount applied to principal increases over time and the amount of interest expense decreases over time.
CD

Answered

If material has been declared surplus,there are several disposal options including storing it until needed,substituting it for a material in demand,transferring it to another plant,or selling it.

On Apr 30, 2024


True
CD

Answered

Teams of people in an organization who participate in purchase decisions are known as ________.

A) B2B consumers
B) buying agents
C) buy centers
D) gatekeepers

On Apr 28, 2024


C