The following information is available for Tye Company at December 31: Beginning inventory $80,000; Ending inventory $120,000; Cost of goods sold $1,200,000; and Sales Revenue $1,600,000. Tye's inventory turnover is(A) 16 times(B) 10 times(C) 15 times(D) 12 times

Answers

Answer 1
Answer:

Answer:

12 Times.

Explanation:

By putting values in the below format:

= (1200000/((80000+120000/2))

= 12


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Although __________________ costs are important in management decision making, they are difficult to trace to a particular product. Group of answer choices Direct Material Direct Labor Overhead None of the cost above are important

Answers

Answer:

Overhead

Explanation:

Overhead costs are also known as indirect costs and they are can not be directly traced (by observation) to the cost object.

However, these overhead costs need to be accounted for when determining pricing of a product and when performing a Cost - Volume - Profit analysis.

Slider processes rebate requests for a large building supply firm. Slider processed 420,000 rebates in March. All rebates are processed the same day they are received. March costs were labor of $28,000 and overhead of $14,000. What is the cost to process 1,000 rebates?

Answers

Answer:

process cost for 1000 rebate  = $100

Explanation:

given data

rebates = 420,000

costs labor = $28,000

overhead = $14,000

to find out

cost to process 1,000 rebates

solution

first we get here total cost process that is express as

total cost process = costs labor + overhead    .............1

total cost process = $28000 + 14000

total cost process = $42000

and process cost per rebate will be here as

process cost per rebate = (42000)/(420000)

process cost per rebate = 0.10

so process cost for 1000 rebate will be as

process cost for 1000 rebate = 0.10 × 1000

process cost for 1000 rebate  = $100

An entrepreneur takes a risk to create a new product or a better way to operate a 4. a. True
b. False

Answers

It is true :) :) :) like if this helped 

Answer:

ture

Explanation:

Macroeconomic equilibrium occurs when aggregate supply and aggregate demand meet. what does this indicate about society?

Answers

This indicates that the society is using resources efficiently and effectively. This is because all economies tend to go towards the equilibrium and if they don't, that's bad for the economy.

A problem at work must be handled the same way as a personal conflict.

Answers

That statement is False

Everyone should separate their work problems and personal conflict and try their best not to let one affect the other

Often time, personal conflict ( such as a dispute with a co-worker) will cloud one's judgement and make him/here not making the best and rational work decision

A problem at work must be handled the same way as a personal conflict. TRUE OR FALSE

-The answer is FALSE.

How did utilitarians seek to modify laissez-faire ideas?

Answers

There are several ways in which utilitarians sought to modify laissez-faire ideas, bit here are the most important ones:
1. Wanted the government to step in to improve the hard lives of the working class
2. 
so that people could have more children