Answer:
$2040
Explanation:
FIFO under the perpetual inventory system is one in which the sale or purchase of inventory is immediately updated in the inventory account such that the true position of inventory available per time is known.
FIFO is first in first out which means that inventory purchased first are sold first.
Given;
Units Unit Cost Total Cost Units Sold
Beginning Inventory 30 $28 $ 840
Sale No. 1 20
Purchase No. 1 50 $40 $2,000
Sale No. 2 40
Purchase No. 2 20 $44 $880
Totals 100 $3,720 60
Cost of goods sold = $28 * 20 + $28 * 10 + $40 * 30
= $560 + $280 + $1200
= $2040
Answer:
Steve will receive $752 dividend income on June 12.
Explanation:
=> Dividend is declared on May 6 to holders of record on Friday, May 22.
=> Aaron shares purchased before May 22 are:
500 shares on May 8
200 shares on May 16
100 shares on May 20
∴ 800 shares in total
Aaron is having Total 800 Shares as on May 22. So he will receive Dividend for 800 shares.
since Dividend per share = $0.94
, therefore
Total Dividend = 0.94 x Total share ==> 0.94 x 800
Total dividend = $752
Answer:
His maximum inventory level would be 180 units
Explanation:
According to the given data we have the following:
daily demand rate , d=1,600/200=8 units;
daily production rate p=80 units;
C0=25 dollar
Cc=2 dollar
Therefore, Qopt=√2*25*1,600/(2(1-8/80))
Qopt=210.82
But here Rolf decide to produce 200 units each time he started production, hence fix Q=200
Therefore, Maximum inventory level=200*(1-8/80)=200*0.9
Maximum inventory level=180 units
His maximum inventory level would be 180 units
The correct answer to this open question is the following.
Unfortunately, you did not include the name of the two labor organizations. There is no further context, reference, text, or article.
However, trying to help you we can comment on the following.
Probably, you are referring to the Ontario Federation of Labor (OFL) and the Ontario Public ServiceEmployees Union (OPSEU).
If that is the case, we say that these two labor organizations have a major role in supporting the employees of Tim Horton's branches, after the response, they have taken in Ontario regarding the increase of the minimum wage in that Canadian province.
The power of these labor organizations created awareness of the employee's situation when different media channels covered the news about the demonstrations. This coverage was nationwide, alerting all Canadians about the situation in some branches of this famous and cherished Canadian fast-food restaurant.
This situation does not only grab the attention of public opinion but from the government and political parties that can get into the discussion, affecting the public image and reputation of Tim Horton.
Answer:
Acquire skills and knowledge that are valuable to firms in both manufacturing and service sectors
Explanation:
Manufacturing and service operations answer different questions and formulate different strategies when it comes to planning and managing the way in which an organization is run.
