Lemay department store uses the retail inventory method to estimate ending inventory for its monthly financial statements. the following data pertain to one of its largest departments for the month of march 2021: - cost retail beginning inventory $ 40,000 $ 60,000 purchases 207,000 400,000 freight-in 14,488 purchase returns 4,000 6,000 net markups 5,800 net markdowns 3,500 normal breakage 6,000 net sales 280,000 employee discounts 1,800 sales are recorded net of employee discounts. required: 1. compute estimated ending inventory and cost of goods sold for march applying the conventional retail method

Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

Dyed-denim corporation is seeking to lower the costs of value creation and achieve a low-cost position. as a result, it plans to move its manufacturing plant from the u.s. to thailand, which based on company research, is the optimal location for production. this strategic move will most likely allow the company to realize