Business, 17.12.2019 22:31 beccastark1733
Chase co. uses the perpetual inventory method. the inventory records for chase reflected the following information: jan 1 beginning inventory 2200 units @ $6.10 jan 12 purchase 2300 units @ $5.90 jan 18 sales 2400 units @ $7.60 jan 21 purchase 2200 units @ $6.20 jan 25 purchase 2000 units @ $6.00 jan 31 sales 2350 units @ $7.60assuming chase uses a lifo cost flow method, what is the amount of cost of goods sold for the sales transaction on january 18? $14,160 $14,180 $14,600 $14,640
Answers: 2
Business, 22.06.2019 16:40
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
Business, 22.06.2019 20:20
Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.
Answers: 2
Business, 22.06.2019 21:50
Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.
Answers: 3
Chase co. uses the perpetual inventory method. the inventory records for chase reflected the followi...
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