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-Dominant-
7 days ago
6

Samuelson will produce 20,000 units in January using level production. If each unit costs $500 to manufacture, what is the dolla

r value of ending inventory in January if beginning inventory is 10,000 units and January sales are 15,000?
Business
1 answer:
soldi70 [3.4K]7 days ago
5 0

Answer:

The monetary value of the ending inventory amounts to $7,500,000

Explanation:

To determine the dollar value of the ending inventory, the following formula should be applied:

Ending inventory = (Beginning inventory + production - sales). $

Here are the values for this case:

- Beginning inventory: 10,000 units

- Production for January: 20,000 units

- Sales during January: 15,000 units

Ending inventory = 10,000 + 20,000 - 15,000

Ending inventory = 15,000 units

Dollar value = 15000 units × $500 = $7,500,000

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The management of warby parker believes that its operations must be grounded in
harina [3514]

Answer:

Warby Parker is a company specializing in eyewear that produces designer glasses at affordable prices. The company's management believes in the importance of grounding its operations in Corporate Social Responsibility.

Explanation:

Warby Parker is an eyewear manufacturer creating designer glasses that remain budget-friendly. The management asserts that its operations should be based on principles of Corporate Social Responsibility.

3 0
1 month ago
Mart's Boutique has sales of $820,000 and costs of $540,000. Interest expense is $36,000 and depreciation is $59,000. The tax ra
Mariulka [3472]

Answer:

$146,150.00

Explanation:

Net income is calculated after taxes.

Here,

Sales = $820,000.00

Less: Expenses = -$540,000.00

Gross profit = $280,000.00

Less: Financial Expenses

Interest = -$36,000.00

Depreciation = -$59,000.00

Net profit before tax = $185,000.00

Less: Tax at 21% of $185,000.00 = - $38,850.00

Net Income (after taxes) = $146,150

Net income is always determined after accounting for tax.

$146,150.00

3 0
7 days ago
What strategies would you recommend that apple pursue in order to assure widespread consumer adoption of apple pay?
soldi70 [3439]

Here are some strategies that Apple should implement to guarantee widespread use of Apple Pay -

i) Encourage more merchants to accept it by educating them and providing devices at low costs

ii) Expand support across various platforms so that users of different devices can access Apple Pay services

iii) Boost visibility by collaborating with additional e-commerce platforms and applications

3 0
24 days ago
Company XYY has recently won several bids and is now discussing how to structure the staff so that every contract can be success
Scilla [3549]

Answer:

Two organizational structures available to the company:

Functional structure: This is the most typical type of organizational structure and may already be in use by company XYY. In this model, employees are arranged into departments based on specific roles or functions.

The essential divisions may comprise a production department, a marketing department, a finance or accounting department, and a sales department.

Flatarchy: This term combines "flat" and "hierarchy" to define a structure that lacks a rigid hierarchy. Instead, it fosters collaboration among employees working together towards shared objectives for a more integrated approach.

4 0
1 month ago
Read 2 more answers
On April 24 of the current year, The Memphis Pecan Company experienced a tornado that destroyed the company's entire inventory.
stepan [3267]
The total value of the inventory lost in the tornado is $105,700. Explanation: The relationship is captured in this equation: Beginning inventory + inventory purchases + Gross profit = Sales + ending inventory. Plugging in the figures, $228,350 + $199,400 + $322,050 = $644,100 + ending inventory resolves to $749,800 = $644,100 + ending inventory. Thus, determining that the ending inventory amounts to $749,800 - $644,100 results in $105,700. The gross profit is calculated as Gross profit percentage multiplied by sales: 50% multiplied by $644,100 yields $322,050. Since the inventory was destroyed in the tornado, we assume the ending inventory lost corresponds to $105,700.
4 0
11 days ago
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