Becky shelton, a teacher at kemp middle school, is in charge of ordering the t-shirts to be sold for the school’s annual fund-raising project. the t-shirts are printed with a special kemp school logo. in some years, the supply of t-shirts has been insufficient to satisfy the number of sales orders. in other years, t-shirts have been left over. excess t-shirts are normally donated to some charitable organization. t-shirts cost the school $7 each and are normally sold for $14 each. ms. shelton has decided to order 830 shirts. required if the school receives actual sales orders for 760 shirts, what amount of profit will the school earn? what is the cost of waste due to excess inventory? if the school receives actual sales orders for 860 shirts, what amount of profit will the school earn? what amount of opportunity cost will the school incur?
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Business, 21.06.2019 20:30
What do economists mean when they use the latin expression ceteris paribus?
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Business, 22.06.2019 14:30
Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.
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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
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Business, 22.06.2019 21:00
China's new 5 percent tax on disposable wooden chopsticks, reflecting concerns about deforestation, has been praised by environmentalists. the move is hitting hard at the japanese, who consume 25 billion set of wooden chopsticks annually. almost all of the chopsticks used in japan come from china. the reuirements for chinese manufacturers of wooden chopsticks to pay the 5 percent tax is a factor in their external environment.
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Becky shelton, a teacher at kemp middle school, is in charge of ordering the t-shirts to be sold for...
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