Altira Corporation provides the following information related to its merchandise inventory during the month of August 2021:



Aug.1 Inventory on hand—2,100 units; cost $5.40 each.
8 Purchased 10,500 units for $5.60 each.
14 Sold 8,400 units for $12.10 each.
18 Purchased 6,300 units for $5.70 each.
25 Sold 7,400 units for $11.10 each.
28 Purchased 4,100 units for $5.80 each.
31 Inventory on hand—7,200 units.

Required:
Using calculations based on a periodic inventory system, determine the inventory balance Altira would report in its August 31, 2021, balance sheet and the cost of goods sold it would report in its August 2021 income statement using each of the following cost flow methods.

Let's say that a good's price rises over time while its supply is traded more frequently on markets.  A possible explanation is that in over time the supply curve shifts outwards.

When someone works past their regular shifts, this is known as overtime. The payment for this time is referred to by this name as well.

Overtime labor regulations are present in the majority of national jurisdictions and are intended to deter or forbid businesses from requiring their staff to put in overly lengthy hours. Humanitarian concerns may not be the only factors taken into account by these regulations, which may also increase overall employment levels in the economy or safeguard worker health so they may continue to be productive. Demanding that companies pay employees more per hour for extra labor is a typical strategy for controlling overtime. Even if required to do so by law, employers may decide to provide employees higher overtime compensation.

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In project schedule management, developing a schedule is ultimately intended to serve as a foundation for tracking project progress for the time dimension of the project.

A thorough plan describing how and when the project will deliver its goods and services as specified by the project scope is called a project timeline.

The definition of the job to be completed and the schedule are closely related. It is a thorough schedule of the jobs or activities that must be done during the project's duration. It also makes it possible to gather a budget by assessing the resources required for the project.

All of the actions or activities required to fulfill the project deliverables are included in the schedule. Dependencies serve as the connections between these jobs. Scheduling analysis is then based on the resulting "network" of tasks.

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The Plan-Do-Check-Adjust, or the PDCA, problem-solving technique is useful when there is an improvement in a new project or implementation of a change.

A PDCA technique can be referred to or considered as the management process under which a manager develops a plan, acts according to the plan, checks the results or outcomes of the act, and finally makes the required adjustments in the plan in order to achieve organizational goals.

Therefore, the significance regarding the PDCA technique has been aforementioned.

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The journal entry to record the "book-to-physical" adjustment for Home Hardware is as follows:

Debit Cost of goods sold $252

Credit Inventory $224

Credit Book-to-physical adjustment (inventory shortage) $28

The book-to-physical adjustment is the computed difference between the inventory amount in the general ledger and the dollar value of the physical inventory.

The difference arises from shortages due to either pilferage or unrecorded sales.

For instance, after purchasing 12 shovels on Jan. 24 without recording any sales thereafter, how come the inventory count yields 10 shovels only?

Jan. 1 Beginning inventory    30    $7     $210

Jan. 2 Sales                            -8    $8

Jan. 16 Sales                         -12    $8

Jan. 18 Purchases                   4    $7       $28

Jan. 19 Sales                         -12  $18

Jan. 24 Purchases                 12   $7       $84 $322

Jan. 31 Ending inventory      14

Inventory count                    10

Shortage/Unrecorded sales 4

Cost of goods sold $252 (46 - 10 x $7)

The cost of goods sold (recorded) = $224 ($7 x 32)

Cost of ending inventory = $70 (10 x $7)

Book-to-physical adjustment = $28 ($7 x 4)

Cost of goods sold $252

Inventory $224

Book-to-physical adjustment (shortage) $28

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Simple interest = $904.88

R =9.25%.

Time=3.5.

Thus to get the amount borrowed it will be;

P= Simple interest÷ (Rate × Time).

P=$904.88÷(9.25%×3.5).

So, P = 2794.994

Therefore,The money borrowed is; $ 2794.994

What is Simple Interest?

Simple interest can be calculated by multiplying the principal by the time, rate, and time period. "Simple Interest = Principal x Interest Rate x Time" is the formula. The simplest formula for calculating interest is this one.

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Tigerstan has higher GDP of $3000

The most widely used indicator of an economy's size is its gross domestic product (GDP). The standard measurement of the value added produced via the production of goods and services in a nation over a specific time period is the gross domestic product (GDP). As a result, it accounts for the revenue generated by that manufacturing, or the total amount spent on finished goods and services (fewer imports).

Formula for GDP per capita = GDP/ population

GDP per capita of Pandastan = 5000000000/2000000 = $2500

GDP per capita of Tigerstan = 3000000000/1000000 = $3000

Hence, Tigerstan has hogher GDP of $3000

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According to the cube square rule, increasing the surface area (size) of a storage unit or retail facility results in a disproportionate increase in volume (space).

Every 3-dimensional object occupies some area. This space is measured in terms of its extent. Volume is described as the space occupied in the limitations of an item in 3-dimensional space.

In arithmetic, 'extent' is a mathematical quantity that suggests the amount of three-dimensional area occupied by way of an object or a closed floor. The unit of quantity is in cubic units consisting of m3, cm3, in3 and so on. every now and then, volume is likewise termed capability.

From measuring beverages to assessing ingesting amounts, extent is vital. Keep in mind that volume has nothing to do with weight or mass; it's far the size of the way much space a liquid or gas takes up.

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Answer:

future value = $9596.50

Explanation:

FV = PV[1 + (i/12)]^12n

Outlays of monies for items such as life insurance, car insurance, and medical insurance are considered mandatory spending.

Insurance can be defined as the coverage that help to cover cost or expenses in case of unforeseen or unexpected circumstances.

Having an insurance policy is essential as we cannot  predict an event that may happen which is why having a life insurance, car insurance as well as medical insurance are  classified as a mandatory spending.

Therefore we can conclude that having an insurance coverage is essential.

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Respuesta:La respuesta es 380

Explanation: Porque,en el problema nos plantea ¿Cuánto gasta si viaja más la entrada? Pero somos dice,no pongas el total gastado,se refiere a que no sumemos los días no pagados

Además que no nos dice si ya le pagaron entonces no tiene un ahorro.

For Benita's 2021 return, the most favorable filing status is married filing jointly.

When only one spouse makes a living or has the largest income, filing jointly with your spouse is frequently the best option.

If both couples earn incomes that are substantial and unequally distributed, however, you may be better off filing separately.

Married Filing Jointly: What Is It?

Married couples can file their taxes together by choosing the filing status known as married filing jointly. A married couple can report their individual incomes, deductions, credits, and exemptions on the same tax return while filing their taxes as a married couple.

Filing Separately vs. Jointly by Married People

Your combined total tax obligation is frequently lower when you file as married filing jointly than it would be if you and your spouse had each filed separately. Couples are enticed to file jointly by the Internal Revenue Service (IRS) by a number of tax benefits that don't apply to other filing statuses.

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Answer:

Explanation:

To calculate the break-even point in units use the formula: Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.

The monetary policy as a sequence focused on banks having more reserves it does not happen in a sequence when the increasing reserves doesn't lower the interest rates.

A Monetary Policy is a type of policy adopted by a monetary authority of a nation to control the interest rates to be paid for very short-term borrowings in an attempt to reduce inflation or the interest rates and to ensure the price stability and value of a nation's currency.

Monetary Policy is a type of modification for the supply of money or decreasing money supply .The Monetary policy contributes to the stability of the Gross Domestic Product. Monetary Policy is often associated with the interest rate and credit available.

Liquidity Trap refers to a situation in which the increase in the money supply does not increase the interest rates income and hence does not stimulate economic growth. Liquidity trap is an extreme effect of monetary policy.

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The value of the next-best option when a choice is made is known as the opportunity cost, according to Andrea Caceres-Santamaria, senior economic education specialist at the St.

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The largest deduction for a pay period is the B. Federal tax.

The Internal Revenue Service (IRS) levies a tax on the annual earnings of individuals, businesses, trusts, and other legal entities in the United States.

Wages, salaries, commissions, bonuses, tips, investment income, and certain types of unearned income are all subject to federal income taxes as part of a taxpayer's taxable income.

Individual federal income tax rates in the United States are progressive, which means that as taxable income rises, so does the tax rate. Federal income tax rates range from 10% to 37% and are levied at various income levels. Tax brackets are the income ranges to which the rates apply. Income in each tax group is taxed at the associated rate.

The complete question is given below.

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What was the largest deduction for a pay period?

Medicare Tax

Federal Tax

State Tax

Retirement

It can handle as per three main steps to creating diversity plans, Assessment of diversity, Development of the diversity plan and Implementation of the plan.

Here are our four suggestions for luring the top applicants:

1) First, develop a strong employee value proposition (EVP).

2) Ensure that any chances for advancement or development are advertised.

3. Make sure your staff are promoting you because they are your best brand ambassadors.

4) Promote the principles of your company.

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1a) The plantwide overhead rate for Precision Manufacturing Inc. is $3.13 per direct labor dollar.

1b) The unit product cost for each product using the plantwide overhead rate is as follows:

                              EX300       TX500

Unit Costs             $14.37        $27.05

2a) The activity rates are as follows:

Machine (Machine hours            $1.30

Set up (Setup hours)                   $400

Product-level (No. of products $50,125

General factor (DL dollars)         $0.37

2b) The unit product cost for each product using the activity rates is as follows:

                              EX300        TX500

Unit Costs             $12.13          $37.77

3) The conventional and activity-based costing assignments differ because of the different cost driver bases used in allocating overhead.

Whereas the conventional costing method uses a single cost driver to allocate overheads to products, the activity-based costing technique employs multiple activity cost drivers.

PMI Products                                 EX300            TX500          Total

Direct materials                          $366,325      $162,550       $528,875

Direct labor costs                       $120,000       $42,500        $162,500

Overhead allocated:

Plantwide rate                           $375,600      $133,025 ($42,500 x $3.13)

Total Cost                                  $861,925      $338,075      $1,196,700

Annual production units              60,000          12,500

Unit Costs                                    $14.365       $27.046 ($338,075/12,500)

PMI Products                                 EX300            TX500          Total

Direct materials                          $366,325      $162,550       $528,875

Direct labor costs                       $120,000       $42,500        $162,500

Overhead allocated:

Activity-based costing rate          241,525      $267,100       $508,625    

Total Cost                                   $727,850     $472,150

Annual production units               60,000         12,500

Unit Costs                                      $12.131        $37.772 ($472,150/12,500)

Plantwide overhead rate = $3.13 ($508,625/$162,500)

Machine (Machine hours       $1.30 ($198,250/152,500)

Set up (Setup hours)                 $400 ($150,000/375)

Product-level (No. of products $50,125 ($100,250/2)

General factor (DL dollars)         $0.37 ($60,125/$162,500)

Activity Cost Pool and Measure      Rate     EX300        TX500

Machine (Machine hours                $1.30   $117,000     $81,250 ($1.3 x 62,500)

Set up (Setup hours)                      $400     30,000     120,000 ($400 x 300)

Product-level (No. of products) $50,125     50,125        50,125 ($50,125 x 1)

General factor (DL dollars)            $0.37    44,400         15,725 ($0.37 x $42,500)

Total allocated overhead costs             $241,525    $267,100

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Activity cost pools                 Manufacturing    EX300      TX500        Total

(and activity measures)             Overhead

Machine (Machine hours         $198,250        90,000     62,500     152,500

Set up (Setup hours)                  150,000               75           300             375

Product-level (No. of products  100,250                 1                 1                 2

General factor (DL dollars)          60,125    $120,000   $42,500   $162,500

Total                                        $508,625

In order to improve the causality of a study, all variables should be taken into account.

Causality is based on the assumption that the value of an interdependent variable is the cause of the value of a dependent variable.

To attain a reliable level of certainty of achievement, all variables must be considered. When one variable is deleted, the complete test is altered, and the dependability of the hypothesis is jeopardized.

According to the findings, an individual's entrepreneurial identity impacts whether they participate in primarily effective or causal action.

When the variables are taken into consideration, this is important for the study.

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The value of the firm's assets is $125.

The debt-to-equity ratio is described as a ratio that is specifically used to assess the financial leverage of a company. It is a highly significant metric within the purview of a firm's finance. This ratio gives a measure of how much debt a firm is using to finance its different operations without using the resources that it already has. Furthermore, the debt-to-equity ratio also highlights the proportion of the debt and the shareholder's equity.

Given that,

shareholder Equity = $50

Debt to equity ratio = 1.5

According to the formula,

Debt to equity ratio = total liabilities/ total shareholder's equity

or, Total liabilities = debt to equity ratio x shareholder's equity = 1.5 x 50 = 75

Assets = liabilities + shareholder equity = 75 + 50 = $125

It can be concluded that the value of the firm's assets is $125.

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The keys to success in a small business are adaptability, perseverance, and hard work. However, these are three essential qualities for any endeavor.

What is a businessman's level of intelligence?

interpersonal intelligence (also known as "people savvy").

It necessitates the ability to comprehend multiple points of view, sensitivity to moods and temperaments, and efficient verbal and nonverbal communication. Interpersonal skills are especially important for entrepreneurs.

Who has an interest in business?

To have a business mind is to become a person who is aware of all the risks associated with each investment and to continuously improve your ability to solve problems.

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Introducing a new product in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users is called test marketing.

Test marketing is described as the process of marketing methodology in which consumer responses to a product or service are tested. The testing is done by only releasing the products in the test markets before introducing the product or the service to the wider market base. It is important to mention that this method is an effective process to judge how customers perceive the product or the service and how the product performs.

When a new product is introduced in a final form to only a limited number of markets. It allows a producer to assess the performance of the product, and how the customers think about it. Such customer insights are valuable for the company.

It can be concluded that introducing a new product in its final form to a geographically limited market to see how well the product sells and to get reactions from potential users is called test marketing.

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The stock is worth $35 if the investors require 11 percent return.

A dividend may be regarded as a payment that is made from a company's profits. Companies have the option to regularly reward their shareholders by disbursing dividends, which are often made in cash but occasionally in shares. Companies frequently decide to start paying dividends when their profits are regularly higher than what management can profitably reinvest in the company.

Three different types of dividends are frequently paid by businesses:

To solve the question :

P = D × (1 + g) / (R – g)

Price of stock as of today :

P = D (1 + g) / (R – g) = $2 (1+0.05) / (0.11 – 0.05)

= $35

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The business trend that often affects Human Resource Management is Globalization.

Human Resource Management refers to everything that has to do with the employees of an organization. This includes advertising job posts, recruiting new people, hiring them officially, training them to some extend, and then placing them in various departments in an company.

As a result of this, there are several trends in business which can affect human resource management. Chief amongst them is Globalization. As a result of Globalization, companies are now present in different countries and can also hire people from those countries.

This means that Human Resource Management now has to be broader in scope to incorporate the different employment practices across the globe. They will also have to advertise to other people around the world as they aim to search for better quality employees who can be paid less.

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Since Wyatt's divorce was finalized on September 30, and Wyatt has not remarried and Wyat is his qualifying child, his most advantageous filing status is: D. head of household.

Taxation can be defined as the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

According to the Internal Revenue Service (IRS) of the United States of America, there are five (5) main filing statuses and these include the following:

In this scenario, the most beneficial filing status for Wyatt a citizen of the United States of America who is divorced but not remarried with a qualifying child is head of household because it is primarily for unmarried taxpayers with dependents.

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Globalization out of the following business trends affects HR management. The correct option is B.

Globalization has far-reaching implications for the practice of human resource management in general. Globalization, for some, increases demands to take the best, transferrable set of HRM practices that may expand globally. It is a force that affects individuals all across the planet.

Because of globalization, an organization's scale increases its chances of attracting the attention of people from all over the world. To that end, an increase in their current employees will come from all over the world, each with their own culture and habits.

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Statistical process control is a technique used by many companies to identify areas for improvement.

This is further explained below.

Generally, The use of statistical tools to monitor and regulate the quality of a manufacturing process is known as statistical process control or statistical quality control.

This helps to guarantee that the process functions effectively, therefore creating more items that correspond to the specifications while simultaneously reducing the amount of waste.

In conclusion, Statistical process control is a method that a lot of businesses utilize to figure out where they can make some changes for the better.

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Statistical process control is a technique used by many companies to identify areas for improvement.

What is companies?

Companies are legal entities that are legally registered in accordance with the Company Act. The companies are the main motive of the earning the profit. The companies are the making the profit to run the business.

The use of statistical methods to supervise and regulate the quality of a manufacturing process is referred to as statistical process control. The lower level of waste is a benefit in company of statistical process control. The comparison is made on a daily basis.

As  a result, the Statistical process control is a technique used by many companies to identify areas for improvement.

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answer is attached to this ☝️☝️☝️☝️

hope it helps you

The annual dividend is $3.59.

Dividend = $96.52 × .0372 = $3.59

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There are several ways to figure out if a behavior or action is wrong or right and some of them include:

The best way to know when an action or behavior is wrong is by looking at the consequences of the action or behavior. When a behavior hurts others who have done nothing to cause harm to others then it is most likely wrong. For instance, bullying a person with physical violence.

Another way to know a wrong action or behavior is looking at if it is unfair or unjust to certain people. For instance, if you see someone discriminating against a certain ethnicity then this behavior is wrong as it is unjust to that ethnicity.

We should also look at how our actions or behavior show respect to those around us. Respect is the hallmark of human society and if we are not respectful to others, this is wrong. We also need to respect authorities as well to avoid legally wrong actions and behavior.

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