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Sedaia [141]
1 year ago
8

On his way home from work, Phil stopped at a shopping center. He parked in front of the dry cleaner, where he could pick up his

suit. He did not have to move his car because next door was a gift shop where he could pick up a gift for his niece. Conveniently enough, next door to that store was a supermarket, where he purchased essentials like milk and cornflake cereal. Phil was shopping in what type of shopping center? Lifestyle center Mixed-use development center Enclosed shopping mall Power center Neighborhood center
Business
1 answer:
lorasvet [3.4K]1 year ago
6 0
<h3>Hello there!</h3>

Your question asks what type of shopping center Phil is shopping at.

<h3>Answer: Neighborhood Center</h3>

The reason why "Neighborhood Center" would be the correct answer is because the stores that Phil is going to is more "convenient."

The stores that Phil went to: dry cleaner, gift shop, and supermarket are all stores that are more convenient to customers. Neighborhood centers have stores that are more convenient to customers, due to the fact that they people would be shopping for essential items that would go well with ones well being or for the house.

Since the stores that Phil shopped at are convenient stores, and neighborhood centers have convenient stores, this means that Phil is shopping at a Neighborhood center.

<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
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Business products that are purchased routinely, do not become part of finished goods, and are expense items rather than capital
bixtya [17]

Answer:

e. accessory equipment

Explanation:

Accessory equipment are the goods and services that are used by firms and organizations to complete their daily operation. They consist of products and services which are used in the production processes. Likewise, they are considered import which makes them expensive compared to other capital goods. These goods can easily be replaced without affecting the whole process.

8 0
1 year ago
Harrison Industries began July with a finished-goods inventory of $48,000. The finished-goods inventory at the end of July was $
Anestetic [448]

Answer:

Option (D) is correct.

Explanation:

Given that,

Began July with a finished-goods inventory = $48,000

Finished-goods inventory at the end of July = $56,000

Cost of goods sold during the month = $125,000

Cost of goods manufactured during July:

= Ending finished goods inventory + Cost of goods sold - Beginning finished goods inventory

= $56,000 + $125,000 - $48,000

= $133,000

8 0
2 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Makovka662 [10]

Answer:

The Corporation's manufacturing overhead cost for the year was $543,840

Explanation:

Giving the following information:

Last year, the Corporation worked 60,500 actual direct labor-hours and incurred $532,000 of actual manufacturing overhead cost.

The Corporation had estimated that it would work 61,800 direct labor-hours.

First, we need to calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 532,000/60,500= $8.80 per direct labor hour.

Now, we can allocate overhead based on actual direct labor hours:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH=  8.8*61,800= $543,840

3 0
1 year ago
Which of the following could be used as a basis to allocate profits among partners who are active in the management of the partn
grandymaker [24]

Answer:

1, 2, 3 & 4

Explanation:

All of the given options could be used as a basis to allocate the profit among partners. Allocation of salaries is also a basis for profit allocation. Salaries of partner is deducted from the net profit on the basis of predetermined ratio or amounts.

The numbers of years can also be a base for the profit allocation. The partner from the long time could have more share than a new partner but it depends on the agreement of all the partners.

The profit can also be based on the the amount of work work done or time spent by each partner. Some associations and firms use this method to allocate the profit.

The most common method of profit allocation is the capital invested in the business. partners are paid on the basis of what they invested in the business.

5 0
2 years ago
Slotnick Chemical received $230,000 from customers as deposits on returnable containers during 2018. Ten percent of the containe
sesenic [268]

Answer:

$20,909.09

Explanation:

We have been given that Slotnick Chemical received $230,000 from customers as deposits on returnable containers during 2018. 10% of the containers were not returned. The deposits are based on the container cost marked up 10%.

The price after mark-up would be 100\%+10\%=110\%

To find the profit on the forfeited deposits, we will divide $230,000 times 10% by 110% as:

\text{Profit on the forfeited deposits}=\frac{\$230,000\times 10\%}{110\%}

\text{Profit on the forfeited deposits}=\frac{\$230,000}{11}

\text{Profit on the forfeited deposits}=\$20,909.0909

\text{Profit on the forfeited deposits}\approx \$20,909.09

Therefore, Slotnick realize a profit of $20,909.09 on the forfeited deposits.

7 0
1 year ago
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