Answer:
D. $490,000
Explanation:
The inventory was valued at first-in, first-out (FIFO) costs and totaled $500,000.
<em>Adjustments:</em>
The goods worth $10,000 (1,000 units x $10 cost) were shipped and billed to a customer meaning that company has already recorded the sales in its income statement therefore they became the property of the customer and should not have been included in the inventory count. The $10,000 should be removed from the inventory recorded bringing the inventory balance at $490,000 ($500,000 - $10,000).
The goods worth $30,000 (6,000 units x $5 cost) will not be included in the total inventory count because the inventory is held on consignment for one of the company's supplier and the ownership of the goods belongs to the consignor (in this case, the supplier) until they are sold. The goods appear in the inventory records of the consignor (in this case, supplier) not the consignee (in this case, the company). In this case, the company has not included the goods in its inventory cost therefore no adjustment is necessary.
I<span>n order to know how much will it cost to drive 975 </span><span>km, we need first to know how many gallons it would take to drive 975 km. </span>First,<span> we need to convert kilometers to miles. 975 km would be equal to 605.84 miles (1 km = 0.62 miles). Since one gallon can be consumed up to 24.5 miles, we need to divide 605.84 miles by 24.5 miles to know how many gallons will be consumed travelling such distance. Dividing the two numbers, we can get 24.73 gallons. We know that </span>one-gallon<span> costs $2.75. Therefore, it would cost $68.01 ($2.75 x 24.73 gallons) to drive 975 kilometers.</span>
density=mass/volume
mass=density *volume
mass of mercury=13.6 *50=680g
mass of bottle when filled with mercury=680 +25=705g
Answer:
b) policies and procedures manual.
Explanation:
A company's policies and procedures manual is essential for establishing norms and rules that will guide the company's operation.
Through corporate policies, it is possible to determine actions, conducts, practices and values that the company adopts in order to achieve its objectives and goals, and demonstrate what are its fundamental values that give this organization its own identity and the foundations that will make it different from other companies in the competitive market.
Answer:
win based on strict liability
Explanation:
Strict liability is a liability that is imposed on party by the claimant that proves that an action occurred and the defendant is responsible for it.
This provision does not require the claimant to prove a fault by the defendant. It is mostly used when an action is considered dangerous.
In this scenario Mike was blasting some holes in rocks. This is a dangerous activity that can cause harm.
Myra who broke her legs in the explosion only needs to prove Mike was responsible for the explosion that occurred for her to win based on strict liability provision.
