determine the cost of merchandise sold for the transaction on september 8 using the perpetual inventory system and the lifo method. date item units cost total sept. 1 inventory 4 $5 $20 4 purchase 8 7 56 8 sale 5 20 purchase 14 8 112 25 sale 12 a.$20 b.$56 c.$30 d.$35

Answers

Answer 1

The cost of merchandise sold for the transaction on September 8 using the perpetual inventory system and the LIFO method is $40.

Therefore, the correct answer is d. $35.To determine the cost of merchandise sold for the transaction on September 8 using the perpetual inventory system and the LIFO method, we need to calculate the cost of the most recent purchases first.

The units and cost of the most recent purchase on September 14 are 8 units at $8 each, resulting in a total cost of $64.

Next, we need to consider the sale on September 8. According to the question, 5 units were sold.

Since we are using the LIFO method, we will consider the cost of the most recent purchase first. Therefore, the cost of the 5 units sold will be $8 each, resulting in a total cost of $40.

So, the cost of merchandise sold for the transaction on September 8 using the perpetual inventory system and the LIFO method is $40.

Therefore, the correct answer is d. $35.

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Related Questions

The real gdp of country a grew by only 1% from 2016 to 2018 while the real gdp of country b grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries?.

Answers

If each country's economy grows in this way, Country B will eventually have a higher real GDP than Country A.

The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature. The gross domestic product (GDP) of a nation is a monetary indicator of the final goods and services—those purchased by the consumer—that were produced over a specific time period. It records all production that takes place within a nation's boundaries. We are aware that the GDP is the monetary value of all finished goods and services produced in an economy. Let's take Country B as an example, which only produces backrubs and bananas.

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Kyler's using conversion tracking tags to gain insight into how effectively his ads are converting customer transactions for his online store. But he notices that conversions aren't functioning. What can help him troubleshoot this issue?

Answers

Answer:

Google Tag Assistant

Explanation:

Google Tag Assistant, as the name implies, is a tool that assists a user to ensure or make verification of several google tags are installed in an appropriate manner. It is a Google Chrome extension that aids in carrying out troubleshooting various installed google tags such as Google Analytics, Adwords Conversion Tracking, Google Tag Manager, etc.

Hence, in this case, the correct answer to this question is Google Tag Assistant





Coronado Company lost all of its inventory in a fire on December 26,2022 . The accounting records showed the following inventoryrelated data for November and December. Coronado is fully insured for fi

Answers

Coronado Company lost all of its inventory in a fire on December 26, 2022.

What was the total inventory value for November and December?

To determine the total inventory value for November and December, we need to sum up the inventory values for both months.

Since the accounting records provided the inventory-related data, we can refer to those records.

However, the specific details of the inventory values for November and December are not provided in the question.

Therefore, without the inventory values, we cannot calculate the total inventory value for the two months.

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a three-step process is used to make a product. the yield of step 1 is 80%; of step 2, 40%; and of step 3, 50%. step 1 takes 2 minutes per unit. step 2 takes 4 minutes per unit. step 3 takes 5 minutes. which step in the process is the bottleneck, and how many good units can be produced from this process in one 8-hour day?

Answers

The yield of the bottleneck, which is equal to 24 for 8 hours, 60 minutes, and 0.05 good units per minute, determines the daily yield.

What is the unit's significance?

Measurement will not be consistent without a standard unit system. The only means by which you can claim that a theory is valid are measurements. Understanding Units and Measures is crucial since it deals with the comparison tool.

How are units per minute determined?

instances to calculate  Unit Price or Unit Rate:

- We put up a ratio with minutes as the denominator since we want to know the laps per minute unit. In the numerator is the total number of laps. Hence, the ratio is 12/30.

- Finish the division: 12 ÷ 30 = 0.4. You can conclude that the per minute lap unit rate is 0.4/1.

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before beginning a film project you have 3 fundamental choices to consider that will affect all other production decisions, including cost and schedule, what are they?

Answers

The 3 fundamental choices that affect film planning are : how will it be filmed, how will it be edited and how will it be distributed.

What is film budgeting ?

The process through which a line producer, unit production manager, or production accountant creates a budget for a film production is referred to as film budgeting. This lengthy document, which might be over 130 pages, is used to assemble the necessary funding for the film's pre-production and production. The budget may need to go through several iterations in order to reduce expenditures. Typically, a budget is broken down into the following four categories: above the line (creative talent), below the line (direct production expenditures), post-production (editing, visual effects, etc.), and other (insurance, completion bond, etc.). The film distributor is in charge of handling the film's promotion and marketing, which are not included in the budget. Private investors, sponsors, product placement, movie studios, entertainment businesses, and/or personal funds can all provide film finance.

When assessing a movie's budget, the sum is known as the gross budget, which is the sum of all actual expenses incurred in producing the work. This is distinct from the net budget, which is the producer's final out-of-pocket cost after any government rebates or incentives. ("If something costs $50 and you have a mail-in coupon for a $10 rebate, your total spending is still $50.")

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a flexible budget shows what budgeted amounts should have been at the actual level of activity. as a result of this change in activity, the flexible budget will show a change in total ______.

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Flexible budgeting will show a change in the total of what fixed costs, variable costs and what revenues should have been at the actual level of activity.

Flexible budgeting differs from static budgeting in that it includes a leeway in organizational budgets according to production or sales in a given period.

This type of budget is prepared at the end of the accounting period and is used for organizational control purposes, as it allows for unforeseen situations that may occur in the micro or macro environment.

Therefore, flexible budgeting is used as a control instrument that considers costs as variables based on defined estimates.

Its main advantage is its greater flexibility and ability to keep budgets up to date.

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- revenue

- variable cost

NOT

- fixed costs

- fixed costs in the flexible budget will be the same as fixed costs in the static or master budget.

.. If two variables have a direct relationship on a graph, it indicates that
A. both variables are not related.
B. as one variable rises, the other variable falls.
C. both variables are moving in the same direction.
D. as one variable rises, the other variable is constant.

Answers

Answer:

Option C. Both variables are moving in the same direction.

Explanation:

The reason is that in the direct relationship, the variables move in the same direction which means if one of the variable increases then the other will also increase and vice versa. So the only option that satisfies this condition is option C.

Jim and Evan enter into a real estate contract. The contract allows Evan to get a mortgage at 5% interest. But after due diligence, Evan can only get a mortgage at 8% interest. What will happen to the real estate contract

Answers

Since Evan can only get a mortgage at 8% interest instead of at 5%, the real estate contract suffers termination by contingency.

What is a contingency?

A contingency in a real estate contact is a term that is required to happen before its closing.  

Thus, termination by contingency will allow Jim to terminate the contract without consequences.

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6. Identify a change in technology during each of the time periods in history below that you believe improved the
way marketing activities were completed. List the example and explain how it contributed to marketing during
that time.
(a) 1900s to 1930s
(b) 1930s to 1950s
(c) 1950s to 1980s
(d) 1980s to today
Answer:

Answers

Answer:

Prior to the 1950s, the production orientation generally held true due to the growing numbers of affluent and middle class people that capitalism had created.

Say’s Law states that the “production of commodities creates, and is the one and universal cause which creates, a market for the commodities produced”.

The emphasis of firms adopting a production orientation of marketing would have been based on the theory of economies of scale, which are the cost advantages that an enterprise obtains due to expansion.

Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..

A. AFP and AMA
B. AFP and ACS
C. AMA and AIA
D. AIA and ACS​

Answers

Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA

A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.

A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.

A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.

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__________ is the drug administration method with the highest risk of chronically reducing the user's ability to receive oxygen from the air they breathe

Answers

Smoking is the drug administration method with the highest risk of chronically reducing the user's ability to receive oxygen from the air they breathe.

Lung damage and a reduction in the amount of oxygen that can be absorbed into the bloodstream can result from breathing in smoke from burning tobacco or other substances. Smoking entails performing this. Long-term smoking can result in a variety of health problems, including heart disease, lung cancer, and chronic obstructive pulmonary disease (COPD). Quitting smoking is the best way to reduce these risks and improve general health.

Only a few of the more than 70 known carcinogens found in tobacco smoke, which over time can harm the lungs and other organs, include tar, carbon monoxide, and heavy metals like lead and cadmium. Long-term smoking has been linked to a significant increase in a number of diseases, including heart disease, lung cancer, COPD, emphysema, and chronic bronchitis.

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what authority did the equal employment opportunity act of 1972 grant the equal employment opportunity commission?

Answers

The Equal Employment Opportunity Act of 1972 granted the Equal Employment Opportunity Commission (EEOC) the authority to investigate charges of discrimination in employment and to enforce federal laws that prohibit discrimination based on race, color, religion, sex, or national origin.

The authority granted to the Equal Employment Opportunity Commission (EEOC) by the Equal Employment Opportunity Act of 1972 includes the following:

1. Enforcement power: The EEOC was granted the authority to enforce compliance with Title VII of the Civil Rights Act of 1964, which prohibits employment discrimination based on race, color, religion, sex, and national origin.

2. Investigative authority: The EEOC can now investigate complaints of discrimination and determine if there is reasonable cause to believe that discrimination has occurred.

3. Litigation power: If the EEOC finds reasonable cause for discrimination, they can now file lawsuits against employers on behalf of the complainants, if conciliation efforts fail.

4. Regulation authority: The EEOC has the power to issue regulations and guidelines to clarify and interpret the provisions of the Civil Rights Act of 1964, as amended by the Equal Employment Opportunity Act of 1972.

Therefore, the Equal Employment Opportunity Act of 1972 granted the EEOC the authority to enforce, investigate, litigate, and regulate employment discrimination cases, thereby strengthening the agency's role in ensuring equal employment opportunities for all.

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ABC Company issued a bond with face value for $1000, paid annual 10% coupon and 3 years to maturity, what is the value of ABC bonds today if the required rate of return is 12%.

Answers

Answer:

The value of Bond = $951.963

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate

Value of Bond = PV of interest + PV of RV

Th e PV of interest payment

A ×(1- (1+r)^(-n))/r

Interest payment = 10%× 1000 = 100

PV = 100× (1- 1.12^(-3))/0.1 =  240.183126

PV of redemption value

PV = RV× (1+r)^(-n)

PV = 1000× 1.12^(-3) = 711.7802

The value of bond =   240.18 +  711.78= 951.963

The value of Bond = $951.963

Jim paid $250,000 for an apartment building with a fair market value of $260,000. At the time of the sale, the building was appraised at $225,000. For income tax purposes, what would be the basis of the apartment building

Answers

The amount of $225,000 will be the would be the basis of the apartment building for income tax purposes.

Basically, the cost basis is the purchase cost which is $225,000.

The fair market value and appraised cost does not have anything to do with tax basis for income tax purposes.

In conclusion, the amount of $225,000 will be the would be the basis of the apartment building for income tax purposes

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Please help worth bonus points!

Please help worth bonus points!

Answers

Answer:

the 4th and 5th one is for france

Explanation:

this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)

4=the staff utilizes platters to serve cooked food

5=the last one

1= america, the first one.

2=Russia

3=russia

if I got anything mixed up, pls inform me.

When creating a résumé, other experiences should be included only if they are relevant to the job objective.truefalse

Answers

When creating a résumé, other experiences should be included only if they are relevant to the job objective. true

Why is it crucial to just include information that is relevant on your resume?

Recruiters want to be certain that you are serious about the position and are not simply flooding the internet with applications for every open position. This implies that if you have a lot of expertise in other, unrelated subjects, you might want to opt to concentrate exclusively on those that are specifically relevant to the career or field you seek.

Employers may learn more about you, see your qualifications, and request an interview by reviewing your resume.

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what type of marketing strategy best exemplifies a straightforward mapping of a product to a customer’s willingness to pay?

Answers

Vertical differentiation strategy is the marketing strategy that best exemplifies the straightforward mapping of the product.

Marketing strategy refers to plans executed by a firms' marketing department which ensure that various plan for reaching prospective consumers and turning them into customers of the products are achieved.

Basically, the differentiation strategy in marketing entails development of product which is unique, different and distinct from its competitors product.

But in this question context, the type of marketing is Vertical differentiation strategy.

The Vertical differentiation strategy involves a firm finding a quality and price mix which will differentiate the brand from its competitors,

Therefore, the type of strategy that best exemplifies a straightforward mapping of a product to a customer’s willingness to pay is the Vertical differentiation strategy.

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How does the outlook for this job influence decision to pursue it? Does the education required for this match your plans for high school?

Answers

The outlook for this job influence decision to pursue it Looking at process outlook whilst choosing a brand-new function to pursue is an crucial thing to making sure process security. The better the process outlook for that function, the much more likely you're to each locate and maintain a process in that field.

The education required for this match your plans for high school Having a plan in place in which college students can maintain music of those non-public learnings can assist similarly their very own development.  For instance, they could file what mastering fashion pleasant fits them. For excessive college college students, this piece of records may be very beneficial in relation to deciding on a college.

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Assume that we are in the MM world. Health and Wealth Company is financed entirely by common stock that is priced to offer a 12 percent expected return. If the company repurchases 20 percent of the common stock and substitutes an equal value of debt yielding 8 percent, what is the expected return on the common stock after refinancing

Answers

Answer:

13%

Explanation:

the new cost of equity = old cost of equity + [(debt / equity) x (old cost of equity - cost of debt)]

the new cost of equity = 12%+ [(20 / 80) x (12% - 8%)] = 12% + 1% = 13%

Since we are in the MM world, taxes do not exist, therefore they are not included in the equation.

How much notice does the Worker Adjustment and Retraining Notification
(WARN) Act require employers give their employees when a facility is
closing?
A. 120 days
B. 90 days
C. 60 days
D. 30 days

Answers

Answer:60 days

Explanation:

ap3x

Answer:

The question may also ask:

The Worker Adjustment and Retraining Notification (WARN) Act requires that companies meet notice requirements of how many days before reducing a workforce?

The answer is still 60 days

Explanation:

Vhich of these is an example of a conceptual skill?
O A. Managing a customer complaint
B. Operating office machinery
C. Understanding how promotion will support the company
D. Completing monthly invoices

Answers

Answer:

C

Explanation:

Understanding how promotion will support the company: is based on the mental thinking of the person and not based on what he/she was taught.

An example of a conceptual skill is Understanding how the promotion will support the company. Thus the correct option is C.

What are skills?

Skills are referred to as unique qualities, traits, abilities, and talents an individual carries which differentiate them from others and help them to gain a competitive advantage over others to achieve the goals of life.

The ability to see an organization's whole image falls under the category of conceptual skills. For those who hold administrative positions and are responsible for making decisions for the organization, conceptual skills are especially crucial.

Understanding how the promotion will support the company is an example of conceptual skills giving an image in a broader sense which symbolizes the traits of conceptual skills that helps managers to make decisions.

Therefore, option C is appropriate.

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ten opinions on "discipline and successful life"​

Answers

Answer:

graditude

forgiveness

meditation

active goal setting

eat healthy

sleep

exersize

organisation

time management

persistance

When a site is unsafe, it means a. Your personal information may be used in ways you do not want c. Permission to use that site at school is always allowed b. That site is okay to visit often d. All of the above Please select the best answer from the choices provided A B C D

Answers

Answer:A, Your personal information may be used in ways you do not want

Explanation:

If it is a unsafe site than there for your personal information can go places you do not want them to.

When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.

What does it mean when a website is unsafe?

External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.

Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.

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a common measure of productivity used to track growth of gdp per capita is ________________

Answers

a common measure of productivity used to track growth of GDP per capita is labor productivity. Labor productivity is the measure of the amount of goods or services produced by a worker in a certain amount of time.

Higher labor productivity means that a worker is producing more output per hour of work, which leads to increased GDP. This can result in higher incomes and living standards for individuals, as well as a stronger economy overall. Therefore, labor productivity is an important factor to consider when assessing economic growth and development.
A common measure of productivity used to track growth of GDP per capita is labor productivity. This is calculated by dividing the GDP by the total number of hours worked in an economy. Labor productivity reflects how efficiently labor input is being used to produce goods and services. As labor productivity increases, GDP per capita generally grows, indicating an improvement in the standard of living and economic performance of a country. Monitoring labor productivity helps policymakers and businesses identify areas where improvements can be made to boost economic growth.

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Help ASAP!!!! most possible answer

Help ASAP!!!! most possible answer

Answers

a hope this helps!!!!

Answer:

The administration prosses a public and and AVAILIBLE TO ANYONE to review.

Explanation:

That is the most open administration because its available to anyone-(the public).

QUESTION 3 / 10 What is the first step you should take when you want to open a savings account? A. Review the different savings account options that your bank offers. B. Make your initial deposit. C. Go to the bank and fill out an application. D. Present your photo ID to the bank representative.​

Answers

Answer:

A. Review the different savings account options that your bank offers.

A/R Turnover (Net Sales / Ave. Net A/R)

Asset Turnover (Net Sales / Ave. Total Assets)

Current Ratio (Current Assets / Current Liabilities)

Debt Ratio (Total Liabilities / Total Assets)

calculate those from tesla 10-k

Answers

Accounts Receivable (AR) Turnover Ratio Formula & Calculation. The AR Turnover Ratio is calculated by dividing net sales by average account receivables.

The turnover ratio is a metric for efficiency in the business world that shows how long it takes a company to sell the products it paid money upfront to buy. The turnover ratio in a business or sector is the proportion of workers who depart within a year.

The Receivable Turnover Ratio, also known as the Debtor's Turnover Ratio, is an accounting metric used to assess how successfully a business extends credit and collects debts. The receivables turnover ratio is an activity ratio that assesses how effectively a company utilizes its resources.

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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?

Answers

Answer: $861.44

Explanation:

Given the following :

Purchase price = $195,000

down payment = 20%

Interest rate = 5.25%

Period = 30 years

Down payment = 0.2 × $195,000 = $39,000

Therefore, loan amount will be :

$(195,000 - 39,000) = $156,000

The payment per period (monthly payment) can be calculated using the annuity calculator.

Present value = $156,000

Number of periods = 30yrs = 30× 12 = 360 months

Interest = 5.25% / 12= 0.4375% = 0.004375

Future value = 0 (Amount when entire loan has been paid)

Therefore, the payment per period is $861.44 using the financial calculator.

Identify the possible mediating variable in a quantitative study exploring the effects of pre-college advising for high school seniors.

Answers

A mediating variable is a variable that explains the relationship between the independent variable (pre-college advising) and the dependent variable (outcomes for high school seniors). In a quantitative study exploring the effects of pre-college advising for high school seniors, the possible mediating variable could be students' motivation to pursue higher education.

The provision of pre-college advising may increase students' motivation to pursue higher education by providing them with information and guidance on the benefits of higher education, available options, and the application process. This increased motivation, in turn, may lead to better outcomes for high school seniors, such as higher rates of college enrollment, persistence, and completion.

Other possible mediating variables in this study could be students' self-efficacy, academic preparedness, and social support. These variables may also play a role in explaining the relationship between pre-college advising and outcomes for high school seniors.

Overall, identifying the mediating variable(s) in a quantitative study is important for understanding how and why a particular intervention (pre-college advising) is effective in achieving desired outcomes for the target population (high school seniors).

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A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE

Answers

I believe it’s true but I could be wrong
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