the main objection to designed experimentation in an industrial environment is: obtaining more information for less cost than can be obtained by traditional experimentation getting excessive scrap as a result of choosing factor levels that are too extreme verifying that one factor at a time is the most economical way to proceed obtaining data and then deciding what to do with it

Answers

Answer 1

The fundamental argument against deliberate experimentation in an industrial setting is the risk of selecting factor levels that are excessively high and producing unnecessary scrap.

Why is the business environment crucial?

A good industrial environment analysis will discuss key elements like customers, vendors, suppliers, the competitive climate, etc. that are essential for corporate success. A firm runs a significant danger of failing if it doesn't comprehend and evaluate its environment.

What aspects of an industrial environment are there?

The industry environment is primarily composed of six factors: suppliers, buyers and customers, rivals and new entrants, alternative products, regulators, and strategic partners.

To learn more about industry environment here:

https://brainly.com/question/28484749

#SPJ4


Related Questions

Lifesaver Inc., a producer of personal protective equipment, trades on the TSX Venture stock exchange at an EV/EBITDA multiple of 4.0x. From performing a precedent transaction analysis, you note that recent acquisitions of similar companies have transacted at an EV/EBITDA multiple of 6.0x. The following is not a valid potential reason for this discrepancy: Review Later The presence of a control premium within the EV/EBITDA multiple implied by the acquisitions Since buying Lifesaver Inc. shares on the TSXV does not likely result in obtaining control of the company, the stock trades at a discount to the multiple implied by the recent acquisitions Multiples implied by precedent transactions are not relevant when considering publicly traded companies Special purchaser considerations, such as synergies, being inherent in the precedent transaction multiples

Answers

The option that is not a valid reason for the discrepancy would be that Multiples implied by precedent transactions are not relevant when considering publicly traded companies. Option B

How to check for the discrepancy here

Option A is a good explanation for the gap since Lifesaver's lack of control will result in a different valuation from the control that an acquisition route gives.

Option C is appropriate because synergies are an important component to examine and include in the valuation when making a purchase.

Option D is viable because it follows a similar path to Option A. A control premium will increase the valuation, as is evident from previous deals in this industry.

Option B is flawed because antecedent transaction analysis, DCF, and comparable are all crucial factors to consider when evaluating businesses.

We have all of options A, C and D as the valid reasons for the discrepancy that occurs. This leaves option B out. Hence it is the answer to the question

Read more on stock trades here:

https://brainly.com/question/28547611

#SPJ1

complete question

Lifesaver Inc., a producer of personal protective equipment, trades on the TSX Venture stock exchange at an EV/EBITDA multiple of 4.0x. From performing a precedent transaction analysis, you note that recent acquisitions of similar companies have transacted at an EV/EBITDA multiple of 6.0x.

The following is not a valid potential reason for this discrepancy:

Question options

The presence of an implied minority discount (a discount due to a lack of control in the company when purchasing shares in the open market) in the 4.0x EV/EBITDA trading multipleMultiples implied by precedent transactions are not relevant when considering publicly traded companiesSpecial purchaser considerations, such as synergies, being inherent in the precedent transaction multiplesThe presence of a control premium within the EV/EBITDA multiple implied by the acquisitions

1. Income Tax Payable

Answers

Answer:

Income Tax Payable is the amount of tax that the company owes, and that it plans to pay within the next year. Income Tax Payable is shown under the current liabilities section of the Balance Sheet.

Tax liabilities that are planned to be paid in more than a year are listed in a separate account under the Long-Term Liabilities section of the Balance Sheet.

Mandy is going to a four year universily and is completing classes When she graduates, she is planning on starting a job in the Energy career cluster. Which job will Mandy most likely be applying for?

A) Power Line Repairer
B) Nuclear Power Reacter Operater
C) Electrician
D) Petroleum Enginner​

Answers

Answer:

D) Petroleum Engineer

Explanation:

A power line repairer only needs an associates degree (2 years of college). Nuclear Power Reactor Operator only needs a high school degree (more or less) An Electrician only needs a high school degree (more or less) And Petroleum Engineers have a Bachelors degree aka 4 years of college.

Sorry if I was to late to answer your question but I hope it can at least help someone else :)

Answer:

D

Explanation:

i took the unit test

When asked to provide an estimate of a basketball court, Simon looked from one end of the field to the other, licked a finger and held it in the air, squinted into the sun and said $10,000, give or take 30%. The technique employed for cost estimation is:

Answers

The technique employed for cost estimation for the given case Simon is ballpark estimate.

What is the ballpark estimate?

A ballpark estimate is a rough estimate that is not an exact figure. This estimate is based on the level of information and confidence that the projected value is within a fair price range. This strategy is also known as rough order of magnitude.

In the given case, the Simon has provided an estimate of $10000 for the irrigation system, which might be considered a rough estimate. Therefore, it is called as the ballpark estimate.

Learn more about the ballpark estimate, refer to:

https://brainly.com/question/14992908

#SPJ1

Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?​

Answers

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

Who are the role-players and stakeholders involved in the project?

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.

Read more about project organigram

brainly.com/question/31255959

#SPJ1

How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?

Answers

It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.

CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.

As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.

It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.

This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.

For more such questions on profitability visit:

https://brainly.com/question/24553900

#SPJ8

What are the benefits of multiple marketing channels? Are there any disadvantages?

Answers

Some benefits are...
Helps you save money
Saves time
Increases effectiveness

Disadvantage are...
Decreased revenue
Loss of value of products
Too many participants

employee unions represent workers who serve the government.

Answers

Answer: Public employee unions

Explanation:

A public-sector trade union (or public-sector labor union) is a trade union which primarily represents the interests of employees within public sector or governmental organizations.

how does the nature of human resources help to manage internal and external business relationship to foster positive interactions?

Answers

Answer:

>>>>>>>

Explanation:

Which of the following are “matched” under the matching concept?

Answers

The matching notion relates to balancing off costs with the income generated by those costs. This is further explained below.

What is the matching concept?

Generally, the matching concept is simply defined as Income and expenditures must be recorded in accordance with the matching principle of accounting.

In conclusion, This rule mandates that a company keep track of its outgoings in addition to its incoming income.

CQ

Revenues, expenses, and dividends are closed to retained earnings at the end of an accounting cycle. Which of the following is "matched" under the matching concept?

Read more about matching concept

https://brainly.com/question/14501695

#SPJ1

Which part of the Business Cycle would this graph represent?

Which part of the Business Cycle would this graph represent?

Answers

bust is the correct answer

CSelect the items from this list that are examples of misconceptions.

A high school student is too young to have a budget.
A bank is not a safe place to keep your money.
Buy stock before you have a steady income.
After high school, there is no need to become more educated.
Save your money as soon as you have a full-time job.re the deadline.

Answers

A- you’re never too young to limit your spendings
D- there’s is more to learn outside of high school for many careers
probably B too but i’m not sure

Use the information in the table below to answer the following two questions.

Items Billions of $
Savings deposits 8000
Money market mutual funds 700
M2 13700
Checking deposits 1750
Small time deposits 750

How much is M1?
$
billion

Part 2 (1 point)See Hint
Now, calculate the amount of currency in billions of dollars in the economy from the given information (assume no traveler's checks).
$
billion

Answers

M1 includes checking deposits and savings deposits, but not money market mutual funds or small time deposits. The economy now has $3950 billion in currency.

How to calculate M1 value?

Therefore, M1 = $8000 + $1750 = $9750 billion.

To calculate the amount of currency in the economy, we need to subtract the non-currency components of M1 (checking deposits and savings deposits) from M2.

Therefore, currency = M2 - checking deposits - savings deposits

                                  = $13700 billion - $1750 billion - $8000 billion

                                  = $3950 billion.

So, the amount of currency in the economy is $3950 billion.

To know more about  mutual funds visit:

https://brainly.com/question/31417979

#SPJ1

Why do you think brand advocates willingly promote companies via social media

Answers

Answer:

They help create brand awareness and spread a positive image of their brand in their community. They have a greater reach and get more feedback. Hope this helped!

Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.

Answers

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

What is the selling price per pound for onions?

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

Read more about selling price

brainly.com/question/28420607

#SPJ1

You earn $1800 working at a summer job. You decide to put it into an account and leave it there for four years while you are in college. The principal will earn 2.25% simple interest. How much will you have in your account at the end of three years?

Answers

Answer:

1962

Explanation:

the formula is

A=p(1+rt)

A=1,800×(1+0.0225×4)

A=1962

Now that you have a signed listing contract and many of the required disclosures, you need to develop a plan to market the property. Some of the obvious steps are to post the property on the local MLS and to put a sign on the front lawn. But it should not stop there.

Now that you have a signed listing contract and many of the required disclosures, you need to develop

Answers

All of the answers are correct. Communication skills are essential for successful salespeople, and all of the options listed are important to consider when communicating with potential buyers.

What is Communication skill?

Communication skills refer to the ability to effectively exchange information, whether verbally or non-verbally. This includes both speaking and listening, as well as the ability to effectively interpret and respond to both spoken and unspoken messages. Examples of communication skills include active listening, open-mindedness, empathy, respect, collaboration, assertiveness, and the ability to give and receive feedback. These skills are important in any context, from interpersonal relationships to professional interactions. Developing strong communication skills can help you build relationships, increase your confidence, and advance in your career.

Listening is as important as talking, and face-to-face communication is often the most effective two-way communication. While letters can sometimes be a one-way form of communication, they are not necessarily the least effective.

To learn more about Communication skill
https://brainly.com/question/30046724
#SPJ1

You are an outside project management professional who has been hired by Mainstreet to lead its new Wingra Point Live Work development. You are given an approved vendor list and access to the shared drive containing project templates. You are also introduced to the company’s standard processes and procedures and the submission and approval protocols. What type of project inputs do these elements represent? Project collateral Operational Process Assets (OPAs) EEFs Enterprise assets

Answers

These elements represent organizational process assets, which are documents, reports, and plans that are developed within an organization and used to guide project decisions and activities.

What type of project inputs do these elements represent?

Generally, Project management is the process of leading a team to achieve specific goals and objectives within a defined timeline and budget. It involves defining project scope, setting goals and milestones, identifying tasks and responsibilities, tracking progress, and making adjustments as needed to ensure successful completion. Key skills in project management include leadership, organization, communication, problem-solving, and time management.

These assets include policies, procedures, guidelines, templates, and historical information that can be used to inform project management decisions and activities.

Read more about project management

https://brainly.com/question/15404120

#SPJ1

What do franchisees typically have to pay to the franchisor?
a. One-time franchise fee
b. Nominal fee for business knowledge
O c. Monthly royalties based on sales
d. One-time franchise fee and monthly royalties based on sales
O e. Approximately half of the franchise's profits each month

Answers

Answer:

E because I looked it up

Explanation:

e

Approximately half of the franchise's profits each month the franchisees typically have to pay to the franchisor. Thus, option E is appropriate.

An alliance between a franchisor with a franchisee is known as a franchise. The original company is the franchisor. It promises to sell a license for its name and idea. The franchisee invests in the right to promote and advertise the franchisor's products and services using an established brand business strategy.

If you purchase a franchise either an investor or a franchise, you can operate a business. You receive a format originator system created by the business (franchisor), a license to use its name for a predetermined period, and help in exchange for paying a franchise fee.

Thus, option E is correct.

Learn more about the Franchise here:

https://brainly.com/question/3032789

#SPJ4

Perpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for WCS12 are as follows:
340 units at $10
200 units
360 units at $11
400 units
Oct. 1
13
22
29
Inventory
Sale
Purchase
Sale
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to
two decimal places.
per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal
places.
$
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places

Answers

Perpetual Inventory can be calculated as follows:

a. Weighted average unit cost after the October 22 purchase:

Beginning inventory:

340 units at $10 = $3,400

Purchases:

200 units at $10 = $2,000

360 units at $11 = $3,960

Total units: 340 + 200 + 360 = 900 units

Total cost: $3,400 + $2,000 + $3,960 = $9,360

Weighted average unit cost = Total cost / Total units

=$9,360 / 900 units

≈ $10.40 (rounded to two decimal places)

b. Cost of goods sold on October 29:

Units sold: 400 units

Cost of goods sold = Units sold * Weighted average unit cost

= 400 units * $10.40

= $4,160

c. Inventory on October 31:

Remaining units: 100 units (900 units - 400 units)

Weighted average unit cost (from part a): $10.40

Inventory value = Remaining units * Weighted average unit cost

= 100 units * $10.40

= $1,040

Learn more about Perpetual Inventory  here:

brainly.com/question/30766404

#SPJ1

Cooper Construction Company had a contract starting April 2021, to construct a $24,000,000 building that is expected to be completed in September 2023, at an estimated cost of $22,000,000. At the end of 2021, the costs to date were $10,120,000 and the estimated total costs to complete had not changed. The progress billings during 2021 were $4,800,000 and the cash collected during 2021 was 3,200,000. Cooper uses the percentage-of-completion method. At December 31, 2021 Cooper would report Construction in Process in the amount of: A. $ 920,000 B. $10,120,000 C. $11,040,000 D. $ 9,440,000

Answers

Answer:At December 31, 2021 Cooper would report Construction in Process in the amount of: C. $11,040,000

Explanation:

Particulars                                                            Amount

Total Contract Price                                               $24,000,000

Expected Costs of Contract                                       $22,000,000

Profit ($24millon -$22millon)                                        $2,000,000

Profit in % of cost   $2,000.000/$22,000,000          9.09%

Costs incurred in 2021                                           $10,120,000

Gross  Profit = total gross profit on contract x Total % of completion in 2021 $10,120,000  x 9.09%                                                        $919,908

construction in process at 31 Dec 2021=

$10,120,000  +   $919,908=$11,039,000 rounded up to  $11,040,000

what is the importance of having a good management​

Answers

Answer:

Employees need to know what is expected of them; having clear expectations helps employees do their job well. A good manager will convey his expectations and make sure employees understand them. He also will make himself available to employees, so they can have the opportunity to clarify any confusion they may have.

Employees need to know what is expected of them; having clear expectations helps employees do their job well. A good manager will convey his expectations and make sure employees understand them. He also will make himself available to employees, so they can have the opportunity to clarify any confusion they may have.

Employees can always benefit from a manager's guidance and leadership. For instance, if you own a restaurant, it's doubtful the workday will run smoothly without a manager's intervention. A good manager will monitor her employees as they work and offer suggestions to accomplish tasks in the most efficient and effective manner. This, in turn, can result in more skilled and confident employees. Also, a good manager will work side-by-side with employees during an unexpected surge in business or an employee absence.

A good manager knows that employees need motivation to keep repeating desired behaviors and encouragement to achieve their goals. Managers can offer incentives for exceptional performance as a way to motivate employees. They can hold weekly meetings to encourage employees to strive for their goals. When employees know that their manager cares how they do their jobs and whether or not they are successful, it can make a difference in their daily effort.

A good manager will observe his employees, gather relevant data and evaluate employees objectively, regardless if a personal relationship exists. His job is not to play favorites or become friends with everyone. He is not a peer to his employees; he is a leader. He is there to identify employees' strengths and help them build upon them. He is skilled at identifying areas that need improvement and is able to offer helpful solutions to employees while supporting them as needed. By being fair and objective, the manager will keep employee morale intact and also gain respect and trust.

Financial aid letters show your aid and costs of attendance for _____.

Answers

Financial aid letters show your aid and costs of attendance for an academic year.

What is a financial aid letter?

This is a letter that a tertiary institution gives to a student to show the cost of their attendance at the college they are currently enrolled in.

The period covered in the letter is the academic year which means that the costs associated with two semesters of attending the university will be shown to the student.

These costs will include things like tuition fees, room and board fees, transportation and other miscellaneous costs.

The letter will also include all the financial aids that the student may receive including federal grants, college grants, state grants, and federal loan options that a person may be eligible for.

In conclusion, financial aid letters show the costs of attendance in an academic year and the aid that comes with it.

Find out more on college financial aid at https://brainly.com/question/26499492

#SPJ1

What can people do better to make a better place in this earth

Answers

Answer:

not be so selfish and quit worrying about materialistic things and worry about the better being of others but be kind n respectful to your self at the same time

We can always recycle ♻️. A clean environment can help animals.

identify 5 businesses and conduct research on the CSI projects and in ways business can contribute time and effort into improving the wellbeing of employees​

Answers

The five groups business  that  CSI tasks have to be studied on are:

education enterprise sectorhealth business  zonefood safety and agriculture enterprise sectors.safety businessskill development enterprise

Commercial enterprise improves schools in my communities through the useful resource of helping them with better educational facilities. Enterprise also gives a few task opportunities for the unemployed individuals inside the groups. Agencies do contribute to the community via employee volunteering (EV).

A business is described as an employer or enterprising entity engaged in business, industrial, or expert sports. corporations may be for-earnings entities or non-earnings businesses. business kinds vary from restricted liability organizations to sole proprietorships, agencies, and partnerships.

Learn more about businesses here:- https://brainly.com/question/24553900

#SPJ9  

What can a cover letter explain that a résumé cannot?
a. Gaps in employment history
b. Reentry into the job market
C. Changes in career focus
d. All of the above

Answers

The answer is dddddddd

Answer:

D. All of the above.

Explanation:

The company is dedicated to developing high-quality housing projects that meet the needs of families and individuals, with a focus on affordability, sustainability, and innovation.

Answers

The focus of the company's housing projects is to provide affordable and sustainable housing solutions.

The focus of the company's housing projects is to address the global issue of housing affordability and sustainability. The company aims to provide cost-effective and eco-friendly housing solutions that cater to the needs of different income groups. They use sustainable building materials and technologies that reduce energy consumption, minimize waste, and lower carbon emissions.

In addition, the company works with local communities to understand their housing requirements and preferences, and designs housing projects that align with their needs. Overall, the company's focus on affordable and sustainable housing solutions contributes to the social, economic, and environmental well-being of the communities they serve.

To know more about housing projects, here

https://brainly.com/question/2620058

#SPJ1

--The complete question is, What is the focus of the company's housing projects?--

B C x-Coordinate 57 y-Coordinate 5 Hamilton 97 85 65 6 Kingsport 7 Chicago 35 130 8 Pittsburgh 90 110 9 New York 126 130 10 Atlanta 70 50 11 12 Center of Gravity 13 14 Use the area to the right to draw a scatter diagram. 15 1 2 ~34 A Center of Gravity Name D Volume 400 300 300 100 400 100 E Taylor Paper Products is a producer of paper stock used in newspapers and magazines. Taylor's demand is relatively constant, and thus can be forecast rather accurately. The company's two factories are located in Hamilton, Ohio, and Kingsport, Tennessee. The company distributes paper stock to four major markets: Chicago, Pittsburgh, New York, and Atlanta. The board of directors has authorized the construction of an intermediate warehouse to service those markets. Coordinates for the factories and markets as well as the amounts produced and demanded have been collected in the Microsoft Excel Online file below. Use the following equations to compute the coordinates of the center of gravity: C₂ = ΣXW₁/W G-ΣΥN/ΣΜ where C₂ = x coordinate of the center of gravity Cy = y coordinate of the center of gravity X₁ x coordinate location / Y = y coordinate of location / W₁ = volume of goods or services moved to or from location i Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. What are the x and y coordinates of the Center of Gravity? Round your answers to two decimal places. C₂: 74.29 Cy: 96.47 X

Answers

The x coordinate of the Center of Gravity (C₂) is approximately 14.25, and the y coordinate (Cy) is approximately 36.69.

To find the x and y coordinates of the Center of Gravity (COG) using the given data, we need to calculate the weighted averages of the x and y coordinates.

First, we calculate the weighted sum of the x coordinates (ΣXW₁):

ΣXW₁ = (57 * 400) + (85 * 300) + (65 * 300) + (6 * 100) + (97 * 400) + (35 * 100) = 22800

Next, we calculate the total volume of goods moved (ΣW₁):

ΣW₁ = 400 + 300 + 300 + 100 + 400 + 100 = 1600

Using the formula for the x coordinate of the COG (C₂):

C₂ = ΣXW₁ / ΣW₁ = 22800 / 1600 = 14.25

Similarly, we calculate the weighted sum of the y coordinates (ΣYW₁):

ΣYW₁ = (5 * 400) + (130 * 300) + (130 * 300) + (50 * 100) + (85 * 400) + (130 * 100) = 58700

Using the formula for the y coordinate of the COG (Cy):

Cy = ΣYW₁ / ΣW₁ = 58700 / 1600 = 36.69

for more questions on coordinate

https://brainly.com/question/4726772

#SPJ8

newspaper publisher uses roughly 800 feet of baling wire each day to secure bundles of newspapers while they are being distributed to carriers. The paper is published Monday through Saturday. Lead time is six workdays. What is the appropriate reorder point quantity, given that the company desires a service level of 95 percent, of that stock out risk for various levels of safety stock is as follows: 1,500 feet, .10; 1,800 feet, .05; 2,100 feet, .02; and 2,400 feet, .01

Answers

Answer:

Explanation:

Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days

Daily usage = 800 feet / day

Lead time = 6 days

Desired service level = 95%

Risk level = 1-0.95 =0.05

safety stock at 0.05 = 1800

Reorder point = expected demand  in (LT) + safety stock

= (800*6) + 1800

= 4800+1800 = 6600 feet.

Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.


Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31

Answers

The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.

For more questions on cost of goods sold (COGS)

https://brainly.com/question/24561653

#SPJ8

Other Questions
Suppose you have 30 CDs. You know that you have 11 more CDs that your friend. Write an equation to find the number of CDs your friend has. Explain some elements of the Pueblo religion please. 289 is the same as r divided by 100. As an equation HELPPPPP IMAGE BELOW I WILL GIVE BRANLIEST Describe the mood of the french officials who came to sign the document Political leaders such as George Wallace, Orval Faubus, and Lester Maddox were committed to the idea of rights for farm workerswomens rightsracial segregationschool integration Find the measure of the missing angles.62b\co Bruna is comparing the pay for advertised jobs. Which 222 ways could Bruna find the best paying job? What single decimal multiplier wouldyou use to increase by 17% followed bya 15% decrease? pls help giving brainliest Place the steps in the adjustment process at the end of the accounting period in the correct order. Please help me. What is it. the atomic number of an atom is the number of ____ in that atom. Verbos principal de La casa fue destruida por un terrible tornado Which statements accurately characterize descriptive narratives? Select all that apply.Multiple select question.They can be fiction or nonfiction.They tell about an event or a series of events.They often include details that appeal to readers senses.They are found mainly in books and other print sources. Let X and Y be two independent random variables with densities fx(r) = e-, for x > 0 and fy(y) = e, for y < 0, respectively. Determine the density of X+Y. What is E(X + Y)? find the domain of the relationfind the range of the relationis the relation a function? A tax that imposes a small excess burden relative to the tax revenue that it raises is. john wants to buy roller blades for his daughter. however, he is concerned that she is too young for roller blades and that she might get injured. in the given scenario, john is concerned about the associated with the purchase. please help I'll be giving brainliest to the person that answers correctly! Which of the following is an example of a difference between Northern and Southern culture? A. Northerners gave full equality to African Americans. B. Women in the South were included in business. C. Wealthy Southerners had a negative attitude toward education. D. Southerners followed a strict code of honor.