The client's physical count of inventories is lower than the inventory quantities in the perpetual records. This could be the result of a failure to record:
A. Purchases.
B. Sales.
C. Purchase discounts.
D. Sales discounts.
Answer: B
You might also like to view...
Select the statements that challenge the idea that marketers cannot be held liable for decisions that any individual makes.
A. Any individual may choose not to buy a marketed product. B. If marketing is ineffective in influencing consumer choice, the marketers selling their services to businesses are committing fraud. C. Marketing addresses populations, not, as sales do, individuals, so no direct causal connection can be demonstrated between a marketing campaign and an individual's choices to buy a product. D. If marketing is effective and does influence consumer choices, it cannot disavow responsibility for the consequences of those choices. E. B and D. F. A and C.
The budgeted production of Capricorn, Inc. is 13,000 units per month. Each unit requires 30 minutes of direct labor to complete. The direct labor rate is $80 per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $520,000 B) $195,000 C) $1,040,000 D) $34,667
Alex wishes to take out an installment loan to finance the purchase of a lawn mower costing $715. Her loan requires a 2.75% down payment and equal monthly payments of $125.78 for 9 months. What is the amount of the finance charge on this loan?
A. $425.47 B. $417.02 C. $430.64 D. $436.68
Define target cost. How is target cost determined?
What will be an ideal response