U.S. residents accounted for over 75 percent of cruise ship passengers, and U.S. ports had 8 million passengers leaving on cruis

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Nov. 1 Inventory 60 units at $9

Nov. 8 Purchase 130 units at $6.0

Nov. 17 Purchase 80 units at $7.02

Nov. 5 Purchase 80 units at $8

A physical count of merchandise inventory on November 30 reveals that there are 80 units on hand.

We need to use the FIFO (first-in, first-out) inventory method:

Inventory= 80 units* $8= $640

Answer:

Set up a system for communicating facts as soon as they are determined so that employees hear them first from the management and not on the news.

Explanation:

One key approach to crisis management is an effective communication.

In the event of crisis , victims are always on the look out for reliefs and compensation from the relevant authorities and when it appears that this is not forthcoming , they become demoralized .

During crisis management , there should be a system of communicating facts as soon as possible so that the management's decision can easily be communicated to affected parties. When there is hope of compensation in sight , people get motivated .

Answer:

Sandhill Pro Shop

Journal Entries:

Apr. 5: Debit Inventory $2,500

Credit Accounts Payable (Arnie Co.) $2,500

To record the purchase of goods on account, terms 2/10, n/60.

Apr. 7: Debit Freight-in $80

Credit Cash $80

To record the payment for freight on goods.

Apr. 9: Debit Accounts Payable (Arnie Co.) $700

Credit Inventory $700

To record the return of goods on account.

Apr. 10: Debit Accounts Receivable $1,340

Credit Sales Revenue $1,340

To record the sale of goods on account, terms n/30.

Debit Cost of goods sold $920

Credit Inventory $920

To record the cost of goods sold.

Apr. 12: Debit Inventory $1,050

Credit Accounts Payable (Woods Sportswear) $1,050

To record the purchase of goods on account, terms 2/10, n/30.

Apr. 14: Debit Accounts Payable (Arnie Co.) $1,800

Credit Cash $1,764

Credit Cash Discounts $36

To record the full settlement on account.

Apr. 17: Debit Accounts Payable (Woods Sportswear) $50

Credit Inventory $50

To record the return of goods on account.

Apr. 20: Debit Accounts Receivable (Members) $910

Credit Sales Revenue $910, terms n/30.

To record the sale of goods to members.

Debit Cost of goods sold $550

Credit Inventory $550

To record the cost of goods sold.

Apr. 21: Debit Accounts Payable (Woods Sportswear) $1,000

Credit Cash $980

Credit Cash Discounts $20

To record full settlement on account.

Apr. 27: Debit Sales Allowances $70

Credit Accounts Receivable (Members) $70

To record the sales allowances granted members for improperly fit clothing.

Apr. 30: Debit Cash $1,400

Credit Accounts Receivable (Members) $1,400

To record the receipt of cash from members on account.

Explanation:

a) Data and Analysis:

Apr. 5: Inventory $2,500 Accounts Payable (Arnie Co.) $2,500, terms 2/10, n/60.

Apr. 7: Freight-in $80 Cash $80

Apr. 9: Accounts Payable (Arnie Co.) $700 Inventory $700

Apr. 10: Accounts Receivable $1,340 Sales Revenue $1,340, terms n/30.

Cost of goods sold $920 Inventory $920

Apr. 12: Inventory $1,050 Accounts Payable (Woods Sportswear) $1,050, terms 2/10, n/30.

Apr. 14: Accounts Payable (Arnie Co.) $1,800 Cash $1,764  Cash Discounts $36

Apr. 17: Accounts Payable (Woods Sportswear) $50 Inventory $50

Apr. 20: Accounts Receivable $910 Sales Revenue $910, terms n/30.

Cost of goods sold $550 Inventory $550

Apr. 21: Accounts Payable (Woods Sportswear) $1,000 Cash $980 Cash Discounts $20

Apr. 27: Sales Allowances $70 Accounts Receivable $70

Apr. 30: Cash $1,400 Accounts Receivable (Members) $1,400

When the price of a ticket is limited, the effect would be that there would be a  shortage of tickets.

A shortage is when the quantity demanded of a product exceeds the quantity supplied. This usually occurs when the price of the good is set below equilibrium price.

When the ticket price is limited, the profit made per game reduces. As a result, it is expected that the number of tickets offered would decline. This would lead to a shortage.

Here is the full question:

Suppose university officials felt the price of football tickets at your school are too expensive and decide to limit the price the athletic department can charge for a ticket to a single game. What will result from this decision? Select all that apply. a. The quality of facilities will decrease. b. An abundance of cheap tickets will be available online. c. A shortage of tickets will exist. d. The football team will offer more tickets to the game.

To learn more about shortages, please check: brainly.com/question/26668090

Answer:

raw materials       86,000 debit

    accounts payable     86,000 credit

--to record purchase of materials--

WIP          71,000 debit

overhead 13,000 debit

      raw materials      84,000 credit

--to record use of materials--

WIP         102,400 debit

overhead 25,600 debit

          cash                    128,000 credit

--to record wages payment--

overhead        191,000 debit

    accumulated depreciation-equipment 191,000 credit

--to record depreciaiton accumulated on equipment--

Explanation:

for materials and labor we do the distinction betwene direct and indirect. As one goes straight into WIP while the other is part of the acutal overehad.

indirect materials  84,000 - 71,000= 13,000

indirect labor  128,000 - 102,400 = 25,600

the depreciaiton which is a factory cost, weill go into factory overhead.