The average of inventory is the average amount of inventory available in stock for a specific period.
To calculate the average of inventory, take the current period inventory balance and add it to the prior period inventory balance. Divide the total by two to get the average inventory amount.
A difference in the subject matters of operas X and Y
Explanation:
A difference in ticket prices , operating expenses , merchandise sales with operas X and Y could directly explain the result indicated about the given statement.
The costs of goods produced is typically included in the balance sheet as a separate item. The residual expenditures not included in COGS are operating expenses. Customer selling is carried out by merchandising, whereas the term "sales" applies to a customer who simply purchases a product and performs a buying transaction.
<span>When downsizing employee the most effective method I feel will be to based the decision on facts or documented evidence that may be difficult to dispute. The source of data can be used maybe the last few performance appraisal results, absenteeism , productivity rate and other soft skills to measure suitability to the job. Create a matrix identifying the criteria and measure the grade of each employee based on the criteria. In a way this is a measured evaluation.
The least effective i would think are those decisions based on emotional considerations.</span>
Answer:
Direct material quantity variance= $1,400 unfavorable
Explanation:
Giving the following information:
Standard quantity 7.5 liters per unit Standard price $ 2.00 per liter
Actual production was 3,400 units.
The company used 26,200 liters of direct material.
<u>To calculate the direct material quantity variance, we need to use the following formula:</u>
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (7.5*3,400 - 26,200)*2
Direct material quantity variance= (25,500 - 26,200)*2
Direct material quantity variance= $1,400 unfavorable
These illustrations highlight the influence of competitive elements as a component of the external environment.
<h3>Is competition a part of the external environment?</h3>
By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.
<h3>What does external competition entail?</h3>
A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.
<h3>Which elements influence the competitive environment?</h3>
From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.
learn more about competitive factors as part of the external environment here<u> brainly.com/question/15071676</u>
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