Based upon Booked Orders and Sales Predictions, we expect to need the following finished goods over the planning period: 120 Product A We currently have the following Finished Goods Products in Inventory: 60 Product A We have scheduled the following to be produced in the factory within the planning period: 50 Product A How many products should we include on future Planned Production Orders

Answer:

1) Fundamental causes of a nation's business cycle fluctuations:  The causes of business cycle fluctuations are economic growth and recession.  The economy of a nation fluctuates within its business cycle by witnessing periods of expansion and periods of contraction, including those in-between.  The fluctuations or changes are caused by forces of supply and demand, the movement of the gross domestic product or GDP, the availability of capital, and expectations about the future.

The business cycle is divided into four distinct segments: expansion, peak (or crisis point), contraction (recession), and trough (recovery period).   But, the vital factors driving expansion and recession can be located in the economy's levels of production, prices, interest rates, income, and employment being experienced at any particular period.

2) A relationship can, therefore, be discerned between total spending by government and consumers and the location of the countries GDP on the business cycle.  Total spending by government and consumers drives the gross domestic product and the supply and demand for goods and services.  They are in turn driven by the availability of capital for spending and expectations about the future.  When the government and consumers have more resources to spend as a result of low-interest rates, rising income, and availability of capital, the resulting productivity increases total GDP.  Increasing GDP ensures economic expansion.  Economic outlook affects spending.  Expectations of a brighter future trigger economic buoyance, more spending, and increased GDP.  On the other hand, lower GDP is caused by worrying economic outlook where spending is withheld because of envisaged future uncertainties.

This is why some economists believe that Governments and the general public can always spend their ways out of a recession.  The implication is this, in order to end a recession, governments and individuals are advised to boost their spending in value-adding activities.

Explanation:

a) The Business cycle of a nation:  The business cycle is also known as the economic cycle or trade cycle.  It describes the downward and upward movement of gross domestic product (GDP) between periods of economic growth and recession.

b) Gross Domestic Product (GDP) is the value of finished goods and services made within a country during a specific period.  GDP shows a country's economic activities in total.  The measure is used to estimate the size of an economy and its growth rate.   There are three ways to calculate GDP, using expenditures, production, or incomes.

The two characteristics that must be possessed is transferability and utility.

We can describe "monetary value" as the property of having a material worth and this allows the transfer-ability of an assets.

In conclusion, a monetary value must be transferable to other person and must be able to be used to carry out transaction at any time..

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The arithmetic average return that Regina Computer stock saw on its returns over the five years was 11. 6 %

The variance of the returns over the period was 320.3, and the standard deviation was 17.9 %

The arithmetic mean on returns can be found by summing up all the returns and then dividing this by the number of returns.

The  arithmetic mean to Regina stock in the five year period was therefore:

= (7 % + - 12% + 11 % + 38 % + 14 % ) / 5

= 58 % / 5

= 11. 6 %

Using this mean, the variance can be found on a spreadsheet to be 320.3.

The standard deviation is the square root of variance so the standard deviation of Regina Computer stock in the past 5 years is:

= √ Variance

= √ 320.3

= 17.89

= 17.9 %

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Answer:

answer is in explanation

Explanation:

Effect of Errors in Physical Inventory

Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inventory on December 31, 2016, Fonda Motorcycle Shop incorrectly counted its inventory as $337,500 instead of the correct amount of $328,850.

Enter all amounts as positive numbers.

a. State the effect of the error on the December 31, 2016, balance sheet of Fonda Motorcycle Shop.

Balance Sheet Items Understated / Overstated Amount

Merchandise Inventory Overstated $

Current Assets Overstated $

Total Assets Overstated $

Owner's Equity Overstated $

b. State the effect of the error on the income statement of Fonda Motorcycle Shop for the year ended December 31, 2016.

Income Statement Items Understated / Overstated Amount

Cost of Merchandise Sold Understated $

Gross Profit Overstated $

Net Income Overstated $

c. If uncorrected, what would be the effect of the error on the 2017 income statement?

Income Statement Items Understated / Overstated Amount

Cost of Merchandise Sold Overstated $

Gross Profit Understated $

Net Income Understated $

Expert Answer

100% (9 ratings)

State the effect of the error on the December 31, 2016, balance sheet of Fonda Motorcycle Shop. Balance Sheet Items Understated / Overstated Amount Merchandise I

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The example of sliced bread teach us  It teaches us that no matter how are excellent one's product or service is, if a person do not market or spread it to the world, it will not sell that much.

A marketing plan is known to be a component of a business plan. Marketing plans is one that has all the information about a firm's products and/or services and tells how potential customers will be known.

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Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.

1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.

2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.

3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.

4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.

5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.

6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.

It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.

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3D printing offers your organization a genuinely necessary upper hand. It permits you to create models quicker, decreases the expense of creation, requires less info (HR and gear), and diminishes above.

SpaceX involves 3D printing in their designing and assembling processes, including printing parts for rocket motors, spouts, and primary parts for the Bird of Prey 9 and Hawk Weighty rockets and Mythical serpent shuttle.

The improvement of an ML framework that utilizes PC vision to screen the creation cycle and fix material dealing with shortcomings continuously. The fundamental benefits of 3D printing are diminishing expenses, less waste, decreased time, getting an upper hand, lessening mistakes, classification, and creation on request.

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1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.

To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.

Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.

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Prioritization allows us to make decisions about what is important so we can know what to focus on and what's not as important. Being able to discern tasks that are necessary from those that we should do is crucial. Prioritization is a critical skill to have, but can take some practice to achieve.

First, it is important to separate debit items from credit items. Debits will be recorded on the left side of the T account, while credits will be recorded on the right side. After all of the transactions have been recorded, it is essential to compare the total debits to the total credits. The totals should be equal.

If they are not equal, there has been an error somewhere in the recording process.The balance sheet, also known as a statement of financial position, reflects a company's financial position at a specific moment. The assets, liabilities, and equity of the company are all represented on the balance sheet. The income statement, also known as the profit and loss statement, details the company's financial performance over a specific period, such as a quarter or a year.

Accruals, Bank, Bank Loan, Buildings, Buildings Accum Depn at 31.12.2009, Carriage Inwards, Corporation Tax, Debentures 4%, Debenture Interest, Fixtures & Fittings, F & F Accumulated Depreciation at 31.12.2022, Insurance, Intangible Assets, Land, Utilities (Electricity & Water), Marketing, Motor Expenses, Office Equipment, Office Equip Accum Depn at 31.12.2022, Opening Inventory, Other Reserves, Proceeds from Sales of Office Equipment, Provision for Bad Debts, Rates, Rent, Repairs & Maintenance, Retained Earnings, Revaluation Surplus, Revenue, Revenue Return/ Purchases Returns, Share Capital - 100,000 shares at 1$ each, Share Premium Suspense, Trade Receivable/ Trade Payable, Purchases, and Wages & Salaries are some of the terms that need to be considered for creating a balance sheet and income statement.

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When Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

Based on the information you provided, Sylvia Baxter has reached an agreed-upon selling price for a particular item or property. This means that she and the buyer have come to a mutual agreement on the price at which the item or property will be sold.
When negotiating a selling price, it's important for both parties to consider several factors, such as the current market value of the item or property, its condition, and any unique features or attributes that may affect its value. Additionally, both parties should be clear about any terms and conditions of the sale, such as the date of transfer of ownership, any repairs or renovations that need to be made before the sale, and any financing or payment arrangements.
Once the selling price has been agreed upon, both parties will typically sign a sales agreement or contract that outlines the terms of the sale. This document serves as a legally binding agreement between the buyer and seller and ensures that both parties are aware of their rights and obligations.
In summary, when Sylvia Baxter reaches an agreed-upon selling price, it means that she and the buyer have negotiated and come to a mutual agreement on the price at which the item or property will be sold, and they have signed a legally binding sales agreement or contract.

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A grant is aid given to a student by an institution, often based on academic success.

An institution is a structured organization or system that is established to serve a specific purpose, often with a set of rules, norms, and values that guide its operation. Institutions can exist in various forms, including political, educational, financial, religious, and cultural institutions. They are often created to provide social order, stability, and predictability in a society. Institutions can have a significant impact on individuals and communities, shaping their behaviors, beliefs, and interactions with one another. They can also influence social and economic outcomes, such as access to resources and opportunities. Institutions can evolve over time, adapting to changing social, economic, and political conditions. They can also be challenged and transformed by individuals or groups seeking to create change or reform.

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Answer:

a. $13,000

b. $17,000

c. $27,000

Explanation:

a= Net income (loss) = Service revenue - Other operating expenses

Net income (loss) = $25,000 - $12,000

Net income (loss) = $13,000

b. Ending retained earnings = Beginning retained earnings + Net income - Dividends

Ending retained earnings = $5,000 + $13,000 - $1,000

Ending retained earnings = $17,000

c. Total assets = Cash + Accounts receivable + Supplies + Equipment

Total assets = $15,000 + $3,000 + $3,000 + $6,000

Total assets = $27,000

The company's Cash from Financing Activities in 2022 a net cash outflow of $580.

The repurchase of treasury stock is a financing activity, while the net income and depreciation expense are not. The payment of dividends is also a financing activity, as it represents a distribution of profits to the shareholders. First, let's calculate the cash outflow from the repurchase of treasury stock. The company bought 10 shares for $50 each, which amounts to $500. Since this is a cash outflow, we will show it as a negative number.

Next, let's calculate the cash outflow from the payment of dividends. The company paid a dividend of $0.80 per share, and it has 100 shares outstanding. Therefore, the total dividend payment was $80. Again, since this is a cash outflow, we will show it as a negative number.
To calculate the Cash from Financing Activities, we need to add the cash outflows and subtract any cash inflows. In this case, there are no cash inflows, so we only need to add the two cash outflows.
Cash from Financing Activities = - $500 (repurchase of treasury stock) - $80 (payment of dividends) = - $580
Therefore, the company's Cash from Financing Activities in 2022 was a net cash outflow of $580.

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HTM Securities, which the board has the goal and capacity to hold until development, are conveyed at amortized cost. AFS protections are conveyed at fair worth and hidden gains and misfortunes .

Held-to-development (HTM) Securities are bought to be possessed until development. For instance, an organization's administration could put resources into a bond that they intend to hold to development. There are different bookkeeping medicines for HTM protections contrasted with protections that are sold temporarily.

HTM protections are normally revealed as a noncurrent resource; they have an amortized cost on an organization's fiscal summaries. Acquired revenue pay shows up on the organization's pay explanation, however changes in the market cost of the venture don't change on the association's bookkeeping proclamations.

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Answer:

Entries and their narrations are posted below

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

a. Issued 2,700 shares of $0.01 par value common stock to investors for cash at $27 per share

Dr Cash (2700 x $27)            72,900

Cr Common stock                     27

Cr Additional paid-in capital   72,873

b. Borrowed $68,000 from the bank to provide additional funding to begin operations; the note is due in two years.

Dr Cash                        $68,000

Cr Notes payable       $68,000

c. Paid $1,150 for the current month's rent of a warehouse and another $1,150 for next month's rent.

Dr Warehouse rent   $1,150

Dr Prepaid rent          $1,150

Cr  Cash                     $2,300

d. Paid $1,800 for a one-year fire insurance policy on the warehouse

Dr  Prepaid insurance    $1,800

Cr  Cash                           $1,800

e. Purchased furniture and fixtures for the warehouse for $10,000, paying $3,000 cash and the rest on account.

Dr furniture and fixture     $10,000

Cr  Cash                               $3,000

Cr  Account payable           $7,000

f. Purchased inventory  for $3,200 cash

Dr Inventory  $3,200

Cr  Cash         $3,200

g. Placed advertisements on Google for a total of $250 cash.

Dr Advertisement expense  $250

Cr Cash                                  $250

h. Sold caps totaling $2,300, half of which was charged on account. The cost of the caps sold was $1,500.

Dr Cash                           $1,150

Dr Account receivable  $1,150

Cr Caps revenue            $2,300

Dr Cost of goods sold $1,500

Cr Inventory                  $1,500

i. Made full payment for the furniture and fixtures purchased on account

Dr account payable $7,000

Cr Cash                         $7.000

j. Received $250 from a customer on account.

Dr cash $250

Cr account receivable $250

The compound growth rate, given the sales of the company five years ago and this year, is 16 %

Your sales, five years from now , would be $ 1, 691, 277.08

The compound growth rate can be found by the formula :
= ( Current sales / Sales five years ago ) ^ ( 1 / number of years ) - 1

= ( 1, 050, 150 / 500, 000 ) ¹ / ⁵ - 1

= 2. 1003 ¹ / ⁵ - 1

= 16 %

The sales in five years would be :
= Current sales x ( 1 + rate ) ^ number of years

= 1, 050, 150  x ( 1 + 10 %) ⁵

= $ 1, 691, 277.08

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The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.

The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.

It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.

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A compressed work schedule Job sharing, Flextime Telecommuting.

The practice of carrying out job tasks remotely using a phone and internet connection is known as telecommuting (sometimes known as teleworking). When an employee works remotely, they do so from a location other than the employer's office. Frequently, this entails working from home or from a place nearby, such a small cafe, library, or co-working facility. A teleworker differs from a worker or employee even though they are frequently out of the office since they occasionally need to be present in the office, though that's not always the case. Another significant distinction is that teleworkers frequently live closer to the head office than do remote workers.

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Answer:

Find the difference of 67.2 and 23.9.

Explanation:

The potential providers of finance for BC Fruits Ltd will be commerical banks and the private investors.

Based on the information, the information requirements of the providers will be cash position, contingent liabilities, revenues, profit performance, etc.

Performance simply means the behavior over a particular period while position means the state of affairs on a particular date. It should be noted that while profit and loss statement reflects the performance of a business, the balance sheet shows the position of a company.

In conclusion, financial statements only shows the summary of financial transactions.

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Greta has been asked to purchase some new office equipment for three new employees. the total cost of her order before taxes.

=$409.71

The aggregate of an organization's recurrent and non-negotiable expenditures is referred to as its total fixed costs. Consider the following scenario: a corporation rents office space at a rate of $10,050 per month, pays $5,000 per month for the use of machines, and has a monthly power cost of $1,000. In this scenario, the total amount that the corporation would spend on its fixed expenses would be 16,050.

Generally, the total cost of each item is mathematically given as

chair= 85.95

headset=29.99

mouse=6.79

notebook=7.14

pen=6.70

the total cost of the order of one employee=$136.57

In conclusion, for 3 employees

=$136.57*3

=$409.71

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CQ

The complete question is attached below

The time series plot of the provided data displays the quantity of lightning strikes in a specific county over a period of seven months. Because its MSE is lower than the MSE using the most recent value, the average of all prior values offers a superior forecast.

It appears to follow a seasonal trend based on the pattern seen in the data. This is evident from the values' variation over time, which exhibits a cycle or recurring pattern.

We must series plot the MSE values to see whether strategy produces the best forecast. The MSE value of the most recent value approach is lower (42.15) than that of the average technique (84.44), indicating a more accurate forecast. Therefore, a better forecast is given by the most recent value.

As a result, the significance of the time series data show the number of lightning strikes in a particular county for the most recent seven months are the aforementioned.

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The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Answer: Protectionism

Explanation:

Protectionism occurs when the industries in a particular country are being protected from foreign competition by the government of that economy. Protectionism is done through the imposition of tariffs, quotas or total ban on the products of other countries.

In the question, the tariff on rice is an example of protectionism as the tariff will lead to an increase in the price of the foreign rice and the people will have to buy from the local rice suppliers. In this case, the local industry is protected.

To record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024, we need to consider the issuance of the bonds and the accrual of interest expense.

1. Bond Issue on January 1, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  January 1, 2024   Cash                     $293,938

                                     Bonds Payable                $320,000

  To record the issuance of $320,000 face value bonds at a discounted price of $293,938.

2. Semiannual Interest Payment on June 30, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  June 30, 2024      Interest Expense    $14,400

                                  Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from January 1, 2024, to June 30, 2024.

3. Semiannual Interest Payment on December 31, 2024:

  Date         Account                Debit        Credit

  --------------------------------------------------------

  December 31, 2024   Interest Expense    $14,400

                                      Cash                       $14,400

  To record the semiannual interest payment ($320,000 * 8% / 2 = $12,800) for the period from July 1, 2024, to December 31, 2024.

Please note that the interest expense amount mentioned in the question might be incorrect. Based on the information provided, the interest expense should be $12,800 for each semiannual interest payment, resulting in a total of $25,600 for the year 2024.

Depending on the chosen technique, the process for using a stakeholder management tool, such as the Power Interest Grid or Stakeholder Assessment Matrix, can vary.

According to their power (influence) and interest (degree of involvement) in a project or organization, stakeholders are evaluated using the Power Interest Grid.

On a matrix with four quadrants, stakeholders are represented as high power, high interest, high power, low interest, low power, low interest, and low power, low interest.

A project's or organization's stakeholders are rated according to their level of influence and impact by the Stakeholder Assessment Matrix.

It is crucial to select a methodology that fits the particular requirements of the project or organization, taking into account the level of analysis that will be needed, the data that is at hand, and the intended results.

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Answer:

$280

Explanation:

FIFO stands for First in First Out. FIFO method assumes that the first goods received will be the first goods sold. Therefore, Costs of Goods Sold will be valued at the earlier prices.

Calculation of the Cost of Goods Sold will be as follows :

Step 1

Establish first the units sold

Units Sold = 45

Step 2

Then Calculate the cost of those units keeping in mind to start with the earlier units

Cost of Goods Sold = 16 × $3 + 29 × $8

                                 = $280