obsolescence, breakage, theft, etc. are examples of which cost category?

Answers

Answer 1

Obsolescence, breakage, theft, etc. are examples of the category of costs known as losses or shrinkage.

These costs refer to any reduction in inventory levels that occurs due to factors such as theft, damage, or obsolescence. Shrinkage costs are considered to be a significant issue for many businesses, as they can result in lost revenue, increased expenses, and reduced profitability. To mitigate these costs, businesses may implement measures such as improved inventory management systems, increased security measures, or regular inventory audits.

Inventory shrinkage refers to the loss of products between the point of manufacture and the point of sale, typically due to factors such as obsolescence (products becoming outdated), breakage (damaged goods), theft (stolen items), and other similar causes.

Therefore,  Obsolescence, breakage, theft, etc. are examples of the cost category known as inventory shrinkage.

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Related Questions

Which of the following statements would be considered pros of globalization?

Increased competition between countries

Increased immigration of unskilled workers

Increased public funding for education and immigration of those citizens with education

Increased consumption of wide variety of goods leading to increased production

Answers

Answer:

increased consumption of wide variety of goods leading to increased production.

Explanation:

im sorry if i get it wrong

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits in the workbook below. Write the formula on cell B7.

Answers

Answer:

=SUM(B2:B6)

Explanation:

Given

See attachment for workbook

Required

The function that calculates the total number of fruits

The number of fruit for each fruit is represented by cell B2 through B6.

So, we need to create a function that adds up the values in B2 to B6. To do this, we make use of the SUM function.

So, enter the following formula in cell B7

=SUM(B2:B6)

The above formula will add B2 to B6

Learning Task 7: Find the function and create a formula that will calculate the total number of fruits

Suppose that the above total revenue curve is derived from a particular linear demand That demand curve must be: A. inelastic for price declines that increase quantity demanded from 6 units to 7 units. B. elastic for price declines that increase quantity demanded from 6 units to 7 units. C. inelastic for price increase that reduce quantity from 4 units to 3 units. D. elastic for price increase that reduce quantity demanded from 8 units to 7 units.

Answers

Option B. is correct, if a price decline leads to an increase in quantity demanded from 6 units to 7 units, this indicates that the demand is elastic, as the change in quantity demanded is proportional to the change in price.

A total revenue curve shows the relationship between price and total revenue, which is the price of a good multiplied by the quantity sold. The total revenue curve can be derived from a particular linear demand curve, which shows the relationship between price and quantity demanded. The slope of the demand curve and the shape of the total revenue curve will depend on the specific demand conditions, and can vary in different market conditions. In general, an elastic demand will result in a flatter total revenue curve, while an inelastic demand will result in a steeper total revenue curve.

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Suppose that the above total revenue curve is derived from a particular linear demand That demand curve must be:

A. inelastic for price declines that increase quantity demanded from 6 units to 7 units.

B. elastic for price declines that increase quantity demanded from 6 units to 7 units.

C. inelastic for price increase that reduce quantity from 4 units to 3 units.

D. elastic for price increase that reduce quantity demanded from 8 units to 7 units.

Suppose that the above total revenue curve is derived from a particular linear demand That demand curve

What is friendship?? :)

Bye! Y'all!!

What is friendship?? :)Bye! Y'all!!

Answers

Answer:

agree with this

.................................

Answer:

just for fun

Explanation:

real friends are those who open their mouth to just insult there bestij

How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.

Answers

Answer:

Explanation:

There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.

The amount of money that a firm receives from the sale of its output is called.

Answers

The amount is called total revenue
Total revenue, have a great day/night!!

according to maslow’s hierarchy of needs, joining a leadership development group is an example of the self-actualization need.

Answers

According to Maslow’s hierarchy of needs, when one joins a leadership development group, it is an example of the self-actualization need. Therefore, it's true.

Self-actualization need simply means the realization of the potential of a person. It's self-fulfillment, and the desire to accomplish a particular thing.

In this case, joining a leadership development group is an example of the self-actualization need. In such a situation, the personal goal or desire of the person is accomplished.

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A major goal of environmentally-friendly business is
O A. sustainability
B. globalization
O C. discrimination
O D. diversity

Answers

Answer:

A major goal of environmentally - friendly business is sustainability i. e. Option A.

Answer:

A. Sustainability

Explanation:

Apex

during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?

Answers

Given:

Price of one share in 1980 = $\(17\dfrac14\)

Price of one share in 1989 = $\(56\dfrac18\).

To find:

How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?

Explanation:

Using the given information,

Change in the value of each share = \(56\dfrac18-17\dfrac14\)

                                                          = \(\dfrac{448+1}{8}-\dfrac\dfrac{68+1}{4}\)

                                                          = \(\dfrac{449}{8}-\dfrac\dfrac{69}{4}\)

                                                          = \(\dfrac{449-138}{8}\)

                                                          = \(\dfrac{311}{8}\)

Value of one share increased by $\(\dfrac{311}{8}\).

Value of 100 shares increased by = \(100\times \dfrac{311}{8}\)

                                                        = \(\dfrac{31100}{8}\)

                                                        = \(\dfrac{7775}{2}\)

                                                        = \(3887.5\)

Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.

How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

Answers

Answer:

The present value is $537.78

Explanation:

Given

\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

\(FV = I *(1 + R)^T\)

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

\(20,000 = I *(1 + 7.5\%)^{50}\)

Convert percent to decimal

\(20,000 = I *(1 + 0.075)^{50}\)

\(20,000 = I *(1.075)^{50}\)

\(20,000 = I *37.19\)

Divide both sides by 37.19

\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)

\(\frac{20,000}{37.19} = I\)

\(537.778 = I\)

\(I = 547.78\ (Approximated)\)

Hence, the present value is $537.78

Xerox sells to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the ______ process are appropriate.

Answers

Xerox sells  to different customers in different sales situations. In order to capture customer commitment, Xerox salespeople must determine what steps in the Selling process are appropriate.

What is the Selling process?

The selling process starts with presale preparation, identification of prospects and making a sales presentation in which a salesperson tries to convince a customer that the specific product or service can satisfy his needs.

A salesperson tries to evaluate the brand and product positively in response to the current need of the customer and market.

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Which part of the business plan identifies plans for pricing policies? a. Self-analysisb. Trading area analysisc. Proposed marketing pland. Product description

Answers

Proposed marketing plan identifies plans for pricing policies. so the right choice is C.

The products and pricing area of your marketing strategy outlines the services and goods you provide to the market along with your approach to pricing for each.

Pricing conveys a clear message to your market, so it must be in line with your strategy, brand, and the value you're offering.

Businesses utilise a marketing plan as a strategic road map to plan, carry out, and monitor their marketing strategy over a specific time frame.

Different marketing tactics for diverse marketing teams across the organisation working toward the same business goals can be included in marketing plans.

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4. A few minutes later you came across some old commercials for the movie The Hunger Games.
Again, you realized that you learned about this type of economy in your economics class. Which type
of economic system best describes the fictional country of Panem? How can you tell?

Answers

The type of economic system that is in place in the fictional country of Panem is a Command economy.

How was Panem a command economy ?

In a command economy, all economic decisions are made at the discretion of the central authority. The land and the means of production are either owned by the state or a group.

Government control, as opposed to private enterprise, according to proponents of command economies, can guarantee a just distribution of goods and services.

Panem was a command economy in the Hunger Games because the government in the Capital controlled all aspects of life in the various districts.

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because amazon prime offers super-fast, free shipping, many other retailers have had to offer the same type of shipping in order to compete. this is an example of

Answers

Customers pay a charge to utilize items or to access premium services under this subscription-based business model.The basis of this business approach is to provide customers a sense of exclusivity and specialness.Amazon Prime is a good illustration of this membership business.

Amazon Prime is what kind of a program?For a yearly or monthly charge, clients can subscribe to Amazon Prime, which provides premium services.For a monthly subscription fee, Amazon Prime offers shipping reductions, free access to Prime Video, Twitch Prime, Amazon Drive, and 30 minutes of early access to Lightning Deals. Customers that use your product or service on a regular basis pay a charge in a subscription business model.Two excellent examples of subscription-based businesses are Netflix and Spotify. various subscriptionssubscription with a set usage.A fixed fee for a fixed amount of products or services over a specific period of time is offered by the fixed usage subscription model.subscription with unrestricted use.Pay-as-you-go-subscription.free-to-use model. Convenience is the primary factor that makes subscriptions appealing.Subscriptions enable businesses to generate recurring revenue while also giving customers consistent and predictable deliveries of content or goods, whether they are linked to a streaming service, SaaS product, or DTC retail brand. Subscription services enable users to fully control their usage from month to month, hence minimizing waste.This is quite advantageous in a world where we are concerned about climate change and preserving our planet for as long as possible.

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How can you create any elegant and artistic presentation of a cake or pastry considering the product and its container?

Answers

Master the art of royal icing. This elegant 4-tiered cake is beautifully decorated with hand-piped royal icing lace. ...
Learn advanced piping techniques. ...
Create stunning sugar flowers. ...
Add cake sculpting to your list of accomplishments. ...
Discover hand painting techniques.

How can organizations influence consumer behaviors and increase awareness of the value of the triple bottom line?

Answers

Organizations can influence consumer behaviors and increase awareness of the value of the triple bottom line through various strategies such as marketing campaigns, education and information dissemination, and incorporating sustainable practices into their products and services.

One of the main ways organizations can influence consumer behaviors is through marketing campaigns that emphasize the triple bottom line concept. By highlighting the social, environmental, and economic benefits of their products or services, organizations can educate consumers about the value of considering sustainability and responsible business practices in their purchasing decisions. This can be done through advertising, social media campaigns, and other marketing channels that promote the positive impact of the organization's offerings.

Education and information dissemination also play a crucial role in increasing consumer awareness of the triple bottom line. Organizations can conduct awareness programs, workshops, and seminars to educate consumers about sustainable practices and the importance of considering social and environmental factors in their consumption choices. By providing information about the impact of consumer choices on the planet and society, organizations can empower consumers to make more informed decisions and prioritize products or services that align with their values.

Furthermore, organizations can lead by example by incorporating sustainable practices into their own operations and products. This includes implementing eco-friendly manufacturing processes, using renewable energy sources, reducing waste and carbon emissions, and sourcing ethically produced materials. By demonstrating their commitment to the triple bottom line, organizations can inspire consumers and set a positive example for the industry, encouraging other businesses and consumers to follow suit.

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Which statement is a consequence of objectivism? Group of answer choices Moral rules apply in all cases, without exceptions. Whether an action is objectively right depends on its consequences. If two people have a moral disagreement, only one of them can be right. Everyone has the same beliefs about morality.

Answers

Answer:

B. Whether an action is objectively right depends on its consequences

Explanation:

Ayn Rand developed the theory of Objectivism. Objectivism according to her is the philosophical idea, that every thing people do, be it the pursuit of education or financial security is done simply for the purpose of preserving the human life. This theory promotes selfishness over altruism. It also advocates realism. Every other thing people do is supposed to conform to that which is the fact.

This theory also opines that if our philosophy of life is correct or right, then we would be successful. But if our philosophy of life is wrong, then the consequences would be inimical.

What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above

Answers

Answer:

A. A place where investors can buy and sell different  investments.

Explanation:

A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.

A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.

Thus, the correct answer is option A.

Answer:

A. A place where investors can buy and sell different investments.

Explanation:

The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.

Sales is one occupation where _________ is not determined by wage or salary limits set by an employer

Answers

Sales is one occupation where profit is not determined by wage or salary limits set by an employer.

What is sales?

Sales include the step by step procedure that is used in spelling a goods or services.

The activity involves in sakes aims at selling the product to make profit.

Therefore, sales is one occupation where profit is not determined by wage or salary limits set by an employer.

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True or false: if rajiv is risk averse, then he prefers a guaranteed $150 over a 50-50 gamble between $0 and $300.

Answers

True, if Rajiv is risk-averse, he prefers a guaranteed $150 over a 50-50 gamble between $0 and $300.

If Rajiv is risk-averse, it means he dislikes uncertainty and prefers safer options. In this case, the 50-50 gamble offers a potential gain of $300 but also a potential loss of $0. The expected value of the gamble is $150 (0.5 * $0 + 0.5 * $300 = $150). However, since Rajiv is risk-averse, he is likely to prioritize the guaranteed outcome of $150 over the uncertain gamble. This is because the certainty of the guaranteed $150 aligns better with his risk-averse attitude, ensuring he avoids the possibility of ending up with nothing.

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a first order reaction has a t1/2 of 10 minutes. what is the reaction rate constant k?

Answers

The reaction rate constant (k) is a fundamental parameter that represents the speed at which a chemical reaction occurs. The reaction rate constant (k) for this first-order reaction is approximately 0.0693 minutes⁻¹.


The reaction rate constant (k) for a first-order reaction can be determined using the half-life (t1/2) of the reaction. The relationship between the half-life and the rate constant for a first-order reaction is given by the equation:

t1/2 = 0.693 / k

Given that the half-life (t1/2) is 10 minutes, we can rearrange the equation to solve for the rate constant (k):

k = 0.693 / t1/2

k = 0.693 / 10

k ≈ 0.0693 minutes⁻¹

Therefore, the reaction rate constant (k) for this first-order reaction is approximately 0.0693 minutes⁻¹.


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according to data in exhibit 6-3 and assuming the total number of workers is 8,400, the civilian labor force is:

Answers

According to data in exhibit 6-3 and assuming the total number of workers is 8,400, the civilian labor force is 8,000.

What Is the civilian labor force?

The Bureau of Labour Statistics (BLS) uses the phrase "civilian labour force" to group the civilian population of the United States into employed and jobless groups. The civilian labour force does not include members of the armed forces, federal employees, retirees, crippled or demoralised workers, or farm labourers.

Who is not allowed to work in the civilian sector?

The term "civilian labor force" refers to any employed or jobless people who aren't in the military on active service, as well as institutionalised people, people who work in agriculture, and people who work for the federal government. The civilian labour force does not include retired people, those with disabilities, or discouraged employees.

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T is called ________ when decision making authority is maintained at the top level of management at company headquarters.

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The term you are looking for is "centralization". Centralization refers to a decision-making structure where the authority and power to make decisions are concentrated at the top level of management, specifically at company headquarters.

In a centralized organization, key decisions are made by top-level executives, such as the CEO or board of directors, who retain control over the decision-making process. This approach allows for a consistent and unified decision-making process across the entire organization. However, it can also limit autonomy and creativity at lower levels of management. Centralization is commonly found in organizations with a hierarchical structure, where information flows from the top down. It is important to note that the level of centralization can vary across different companies and industries, with some organizations opting for more decentralized decision-making structures. I hope this helps! Let me know if you have any further questions.

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BUSINESS 1. Explain five advantages a firm would enjoy by engaging in prize winning competition as a method of sales promotion.​

Answers

Answer:

I hope my answer is good!

1- Increased brand awareness: Prize-winning competitions can generate a lot of buzz and excitement, which can lead to increased brand awareness and visibility for the company.

2- Increased sales: By offering a prize, companies can incentivize customers to purchase their products or services, resulting in increased sales.

3- Customer engagement: Prize-winning competitions can also help companies to engage with their customers, as they are more likely to participate in the competition if there is a chance to win a prize.

4- Cost-effective: Prize-winning competitions can be a cost-effective way for companies to promote their products or services, as the cost of the prizes can be less than the cost of traditional forms of advertising.

5- Consumer data collection: Prize-winning competitions can also help companies collect valuable data on their customers, such as contact information, demographic information, and purchasing habits.

Answer: creates new things

Explanation:

creates word of mouth

creates a reason to ,creates a focused marketing approach, creates great revenue, creates a source of information

Sam has an investment of $200 that is expected to earn 10%. How much will the investment be worth at the end of the first year if the investment earns simple interest

Answers

Answer:

220

Explanation:

10% of 200 is 20 so 10% plus 200

is 220

true or false, to advance the progress completion percentage in a smartbook assignment, only one question per concept must be answered correctly

Answers

Answer:

False

Explanation:

A SmartBook assignment's progress completion % may not always be dependent on correctly answering just one question per idea. The requirements for increasing a SmartBook assignment's progress completion percentage can change based on the particular assignment, the course, and the instructor. It could be determined by properly answering a predetermined number of questions overall, a predetermined number of questions in each topic area, or by doing a predetermined number of activities or evaluations inside the assignment. The easiest way to find out the precise requirements for raising the progress completion percentage in a SmartBook assignment is to study the assignment instructions or speak with the instructor.

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___ should not be included on the resume
references
white space
hobbies
or All the Above​

Answers

Answer:hobbies

Explanation:

2. what are the tasks of the production department in a furniture factory?​

Answers

The tasks of the production department in a furniture factory typically include designing and manufacturing furniture, managing inventory, overseeing quality control, and ensuring safety standards are met. They may also be responsible for scheduling production, coordinating with suppliers, and managing the production budget.

The data analysis process phases are ask, prepare, process, analyze, share, and act. What do data analysts do during the ask phase

Answers

The thing which the data analysts do during the ask phase are:

Define the problem by looking at the current stateIdentifying how it's different from the ideal state.

What is Data Analysis?

This refers to the use of data to find out the similarity and differences between the different data and how to use it to solve problems.

With this in mind, we can see that during the data analysis process phases, we can see that they include:

AskPrepareProcessAnalyzeShareAct.

Then in the ask phase, the data analysts have to define the problem and then identify how to solve it.

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Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?

Answers

9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.

10. Molly's monthly payment is $433.

11. The total interest Molly will pay under this plan is $3,907.

12. The total cost of Molly's car is $28,507.

Loan Amount:

Required cash allowance = $500

Qualified cash allowance = $400

Down payment = $2,500 (typically 10% of value)

Total price of car = $25,000 ($2,500/10%)

Loan required = $22,100 ($25,000 - $2,500 - $400)

Interest and Periodic Payment:

N (# of periods) = 60 months

I/Y (Interest per year) = 6.6%

PV (Present Value) = $22,100

FV (Future Value) = $0

Results:

PMT = $433.45

Sum of all periodic payments = $26,007

Total Interest = $3,907

Total Cost of the car to Molly:

Down payment = $2,500

Total periodic payments = $26,007

Total cost = $28,507 ($26,007 + $2,500)

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