Game Systems Corporation has grown significantly over the past year. The end-of-year supplies on hand totaled $200, and purchases totaled $3,000, and supplies on hand at the beginning of the year amounted to $180. How much will Game Systems report as supplies expense for the current year?
A) $2,980
B) $3,180
C) $3,200
D) $3,000
A
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Identify at least five of the influence tactics used to get people to do what you want. Is each of these a hard or soft tactic? Which one is most frequently used? Provide examples of how each might be used.
What will be an ideal response?
A question related to inventory levels that a company needs to ask is, ______?
A. How can we minimize the cost of inventories B. Where should these inventories be located C. How can these inventories be insured D. How can these inventories be transported
Walton reported sales of $640,000, fixed costs of $314,000, and a profit of $92,000. If the contribution margin is $8 per unit, how many units did Walton sell?
A) 11,500 units B) 31,125 units C) 50,750 units D) 70,375 units
The inventory method that relies on deliveries coming right before they are needed is:
A) Just-in-Time B) Basket C) LIFO D) FIFO