The following information was taken from Cody Co. ’s accounting records for the year ended December 31, year 2:


Decrease in raw materials inventory


$ 15,000


Increase in finished goods inventory


35,000


Raw material purchased


430,000


Direct labor payroll


200,000


Factory overhead


300,000


Freight-out


45,000


There was no work in process inventory at the beginning or end of the year. Cody’s year 2 cost of goods sold is


a. $895,000


b. $910,000


c. $950,000


d. $955,000

Increase trial and retaliate against competitors' actions: Point-of-purchase displays should be designed to encourage customers to try the product. This can be done by offering free samples or special offers, or by retaliating against competitors' promotional activities.

Encouraging customers is an important strategy for any business. It is a way to build customer loyalty and increase sales. Encouraging customers involves identifying customer needs and providing them with the best possible service or product, as well as rewards and incentives for continued patronage. This can include offering discounts, providing promotional offers, and providing rewards for repeat customers. It is also important to create a positive customer experience and make sure customers feel appreciated. This can involve providing personalized service and recognizing customers for their loyalty. Taking the time to listen to customer feedback and address any concerns can also go a long way in making customers feel valued.

To learn more about encourage customers
https://brainly.com/question/12831236
#SPJ1

The conundrum of limited resources and insatiable wants is the core issue in economics. Additionally, economics has demonstrated that a man's requirements cannot be met. As more of our requirements are met over time, we gradually create greater wants.

The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies .

Learn more about economic from

brainly.com/question/17996535

#SPJ4

The two false statements are Lenders do not require owners to identify the purpose of the loan & Equity financing requires a business owner to give up control of the business to obtain funding. The correct option is (A & B).

To establish and maintain a business, you need funding. It is a monetary investment made in a business for inventory, office space, sales & marketing, product development, manufacturing, and expansion.

Before approving your application, commercial lenders may check both your personal credit score and your corporate credit score. If you have bad credit personally and are unsure how it will impact whether your commercial loan application will be approved or the terms of the loan.

Therefore, the two false statements are Lenders do not require owners to identify the purpose of the loan & Equity financing requires a business owner to give up control of the business to obtain funding.

To know more about the funding, visit:

https://brainly.com/question/20383417

#SPJ1

Footwear features and footwear durability is one of the following is not a factor in determining a company's unit sales and market share of branded footwear in a particular geographic region.

What is Market Share?

Market share is a measure of the relative size of a company, product, or service in relation to its competitors in the same market. It is usually expressed as a percentage of the total market. It is calculated by dividing a company's sales in a given market by the total sales of all competitors in that market. Market share is an important measure for businesses, as it is used to assess the company's performance and identify potential opportunities for growth.

What is  Geographic region?

Geographic region is an area of land that is identified by a specific set of characteristics such as physical features, climate, population, economic activity and cultural traits. Regions are often divided into subregions, which can be further divided into smaller areas. Regions can be identified as countries, states, provinces, cities, counties, districts and other divisions.

Therfore the correct answer is C. Footwear features and footwear durability

To know more about Market Share,

https://brainly.com/question/15530466

#SPJ4

The alternative minimum tax (AMT) base is typically lower than the regular income tax base.

This is because the AMT is designed to prevent taxpayers from using deductions and credits to avoid paying their fair share of taxes. The AMT eliminates many of these deductions and credits and calculates tax on a much narrower base, resulting in a higher tax rate.

For example, some deductions  are associated with state and local taxes, medical expenses, investment expenses, and certain other items are not allowed for the AMT. This means that these items are not deductible when calculating the alternative minimum tax(AMT).

Learn more about AMT:

https://brainly.com/question/29609172

#SPJ4

Examples of free enterprise include an individual beginning an online business or a private restaurant chain that is run without the involvement of the government.

In a free enterprise or free market economy, private individuals can establish businesses and engage in competitive market buying and selling with the least amount of interference from the government. Resource, product, and financial markets are the three different forms of free enterprise markets. Because it enables individuals to focus on their strengths while trading for the rest, free enterprise works. Free enterprise is fueled by competition, which leads to higher productivity and reduced costs for the consumer.

The standard of living is higher in nations that support free markets. economic liberty, willing (voluntary) transaction, private property rights, the desire for profit, and competition. The right to private property, competition, profits as an incentive, and consumer sovereignty are the five main tenets of the free enterprise economic system that governs the United States.

To learn more about free enterprise  refer to :

https://brainly.com/question/353543

#SPJ4

Free enterprise is an economic system that allows for the free market to allocate goods and services.

To learn more about the free enterprise refer to:

https://brainly.com/question/20782413

#SPJ4

All of the following are correctly classified as taxable earnings under FICA, with the exception of the value of meals provided to employees for the employer's convenience. Hence the correct option is (a) value of meals furnished employees for the employer's convenience.

All of the following employment categories are not covered by FICA, with the exception of federal government secretaries employed after 1990.

The Social Security tax (old-age, survivors, and disability insurance) and the Medicare tax (hospital insurance) together make up the FICA tax, which is levied on both employers and employees.

Pays made upon the worker's passing. wages given to a worker who is disabled after becoming eligible for Social Security disability payments. reimbursements for employee expenses for regular mileage or per diems up to the applicable government rate.

To know more about FICA, click the below link

https://brainly.com/question/17276403

#SPJ4

The greatest advice is tax-free municipal bonds because this customer is in the highest tax bracket and looks to be rich having $1,000,000 to invest Tax compliance refers to policy.

actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national Around 3000–2800 BC, the first recorded taxes was enacted in ancient Egypt. Non-compliance with the law includes failing to pay on time as well as evading or resisting taxation. Taxes can be paid in cash or in the form of work and can be either direct or indirect..

learn more about tax here:

https://brainly.com/question/16423331

#SPJ4

Index Lease A sort of graded lease in which the periodic rent increase are related to rises in the consumer price index, or some other economic indicator.

An index lease links a rental rate to a generally recognized price index that takes cost of living fluctuations into account. This enables landlords to increase the rent anytime the lease is reevaluated, which normally occurs once a year, in line with developments in the economy. In contrast, a step lease requires periodic increases of a specific percentage regardless of the current cost of living. To avoid any misunderstanding, the contract for an index lease states which index will be utilized. A popular option is the Consumer Price Index (CPI), which represents the prices people actually pay for products and services in the economy. Depending on whether a lease is for a home or a business, additional indicators.

Learn more about index lease here:

https://brainly.com/question/30045135

#SPJ4

PPE, or personal protective equipment, refers to specialized clothing or other items that employees wear to protect themselves against infectious materials.

Wearing personal protection equipment, also referred to as "PPE," can assist lower risk exposure. PPE includes items like gloves, foot and eye protection, protected hearing devices (earplugs, muffs), hard helmets, respirators, and full body suits.

PPE acts as a barrier between your skin, mouth, nose, and eyes and infectious agents including bacteria and viruses when worn properly (mucous membranes). The barrier may stop the transmission of contaminants from blood, body fluids, or respiratory secretions.

To know more about PPE visit:-

https://brainly.com/question/24254560

#SPJ4

Decreasing net worth, on the other hand, is cause for concern as it might signal a decrease in assets relative to liabilities.

When net liabilities exceed net assets, the condition is known as having a negative net worth. Deficit net worth, also known as negative net worth, can happen for a number of reasons, but it often happens when the value of present or future assets declines suddenly.

On the other side, declining net worth is a cause for concern as it can indicate a decline in assets compared to liabilities. The greatest approach to raise net worth is to either increase assets while obligations either remain constant or decline, or decrease liabilities while assets either remain constant or rise.

A current glimpse of your financial status can be found in your net worth. You may see the total of all you've made and spent if you compute your net worth today.

To learn more about net worth refer to:

https://brainly.com/question/12371230

#SPJ4

The correct option is 2. The production is the same in both years but the price increased so the real GDP is unaffected by the nominal GDP increase from the previous year.

Gross home product (GDP) is a monetary degree of the market cost of all the final items and services produced and offered (no longer resold) in a particular term by way of nations. due to its complex and subjective nature, this measure is frequently revised before being taken into consideration as a reliable indicator. GDP (nominal) per capita does now not, but, reflects differences in the price of residing and the inflation costs of the nations; therefore, the usage of a basis of GDP per capita at purchasing energy parity (PPP) can be extra useful while evaluating residing requirements among nations, while nominal GDP is more beneficial evaluating national economies at the global market.

Overall GDP can also be damaged down to the contribution of every enterprise or quarter of the financial system. The ratio of GDP to the full populace of the place is the in keeping with capita GDP (also referred to as the suggest fashionable of dwelling).

GDP definitions are maintained by some countrywide and worldwide financial organizations. The agency for monetary Co-operation and improvement (OECD) defines GDP as "a mixture degree of production equal to the sum of the gross values brought of all resident and institutional devices engaged in production and services (plus any taxes, and minus any subsidies, on products now not included in the fee in their outputs)".

To know more about GDP visit here:

brainly.com/question/28375883

#SPJ4

According to the question, $21849.92 interest you have to paid in total.

What is the interest?

Interest is the cost incurred by a borrower as a result of using borrowed funds. It is calculated as a percentage of the principal amount that is borrowed. Interest can be charged for different types of loans such as mortgages, auto loans, credit cards, and personal loans. The interest rate on a loan is typically determined by the lender and is based on the borrower's credit score, income, and other factors. When a borrower pays interest, it allows the lender to make a profit and also helps to cover the lender's costs.

To learn more about interest

https://brainly.com/question/24553900

#SPJ4

Answer: A

$21,849.92 

Explanation:

MR BEAAAAAST

A lien theory state is one in which a foreclosed mortgage is the preferred means of collateral for a house loan. Thus, the lien theory state is the correct answer.

According to the lien theory, the borrower owns the property. A Mortgage, rather than a Deed of Trust, is registered in the public record and serves as a lien against the property until the loan is paid off. A mortgage gives a homeowner both legal and equitable title.

Leroy's home is in New York, which follows the lien principle. As a result, he can claim ownership of the house upon purchase. Leroy signed a mortgage to make this possible. The mortgage is an arrangement between Leroy (the mortgagor) and the bank or creditor (mortgagee) to get a loan to buy the property. As a security interest in the title, the mortgagor delivers this mortgage to the mortgagee. This arrangement secures the lender's rights and grants the borrower the right to keep the residence until the loan is fully paid.

To learn more about mortgages, click

https://brainly.com/question/8084409

#SPJ4

The duration until a bond matures determines how long the owner will continue to receive payments on their investment. The principal is reimbursed when the bond matures.

Making an investment entails using money now in the hopes that it will appreciate later. An investment is putting capital to use, such as work, money, effort, etc., with the hope of receiving a larger return than what was initially invested.

The simplest way to understand how investing works is to acquire an asset for a low price and then sell it for a higher price. This type of investment return is referred to as a capital gain. generating income by reselling assets in a profitable manner.

To know more about investments visit :

https://brainly.com/question/15353704

#SPJ4

Over the course of his employment, Justin has spent $40,000 of his salary in cash. Check into Cash, which cashes checks.

Checks for personal, business, and payroll are valid for six months (180 days). On the checks issued by some companies, "invalid after 90 days" is preprinted. The pre-printed phrase is intended to urge individuals to deposit or cash a check as quickly as possible. Most banks will honour those checks for up to 180 days.

Without a bank account, you can still cash a check by taking it to the bank that issued it or a check cashing business. When someone receives a check, most people either deposit it into their bank account, cash it at their bank, or present their identification and cash the check at the bank that issued it. Pay to the Order of and the name of the third party should be written below your signature.

To learn more about paychecks refer to :

https://brainly.com/question/28905653

#SPJ4

Debit cards typically pull funds from a checking account, while credit cards charge purchases using a line of credit.

To learn more about credit card refer to:

https://brainly.com/question/26857829

#SPJ4

The characteristics of an effective group work participant include:  1. Open-mindedness: Being open-minded in a group setting allows for more creative problem-solving and positive collaboration. It also allows for constructive criticism and meaningful dialogue.

2. Respectful: Respectful group members are able to listen to the opinions of others, provide meaningful feedback and constructive criticism, and work together to achieve their common goal.

3. Organized: Effective group work participants are organized and prepared. They bring the necessary materials to the group meeting and stay on task.

4. Good Communicator: Good group work requires effective communication. Group members should be able to articulate their ideas and opinions clearly and respectfully.

5. Flexible: Being flexible in a group setting is essential. Group members should be willing to compromise and adjust their goals and plans when needed.

6. Self-Motivated: Effective group work participants are self-motivated. They stay focused and committed to their tasks, even when it gets difficult.

To know more about group work here

https://brainly.com/question/29998621

#SPJ4

Among the followings, overly aggressive price-cutting is not one of the pitfalls of a low-cost provider strategy.

What do you mean by Low-Cost Provider Strategy?

Low-Cost Provider Strategy is a business model that focuses on providing customers with products and services at the lowest possible price. This is done by reducing overhead costs and cutting out unnecessary expenses. Low-cost providers strive to be the absolute most cost-effective option in the market by offering the lowest prices for the same quality of goods or services. This model works best when there is a large customer base that desires to purchase a certain type of product or service at a low price. Low-cost providers are usually able to pass on the savings to customers, enabling them to purchase the same quality of product or service at a lower cost. This strategy is often used by companies that have a competitive advantage such as a large market share, economies of scale, or access to cheaper resources.

So, The correct option is A.

To learn more about Low-Cost Provider Strategy:

https://brainly.com/question/26551759

#SPJ4

If indeed the deed of trust has a power to sale clause, the lender may foreclose without going through the courts. Non-judicial foreclosure is the term used to describe this sort of foreclosure.

A non-judicial foreclosure, commonly referred to as a "foreclosure by power of sale," occurs when the process of foreclosure is carried out without the involvement of a court. A lender may instead sell the lender's property through a non-judicial foreclosure in order to recoup any financial losses, such as skipped mortgage payments.

One must file a lawsuit in a non - judicial foreclosure foreclosure in order to have your day in court. A motion for just a temporary stay (TRO) and judge's order should be filed along with this action in order to enjoin (halt) a foreclosures sale while your arguments are being debated in court.

To know more about non-judicial foreclosure visit:
https://brainly.com/question/28205135

#SPJ4

The expense that relates to a formal note payable and accumulates or accrues throughout the accounting period is referred to as the interest expense.

The interest expense can be assumed as a phenomenon wherein the expenses are related to a particular period of accounting, and as a result of the same, only the bills or notes that are payable within the period are recorded under this head in the books of accounts of the firm related thereto. Moreover, the interest expense is also related to the direct expenses and not the indirect ones.

Learn more about interest expense here:

https://brainly.com/question/14185533

#SPJ4

The amount is $219657.43 will be the approximate balance in your account immediately after the 20th deposit.

To find the future value we use following formula

FV=A[(1+r)" -1/r)

Where,

FV = Future Value OR Amount at time n

A = Regular Withdrawal Amount OR Regular Interest OR Regular Dividend OR Installment Amount

n = Number of period

r=Compound interest rate

Given: Number of periods/years (n) = 20

Rate of interest (r) -8%

Regular withdrawal (A)- $ 4800

After substituting the values into the formula we have,

[tex]FV= A(\frac{(1+r)"-1}{r} \\FV=4800+(\frac{1+0.08)20-1}{0.08} )FV = $219657.42863[/tex]

The future value of the annuity is $219657.42863.

Learn more about Compound Interest:

brainly.com/question/20406888

#SPJ4

There is widespread inflammation and tissue destruction caused by the Ebola virus. Because it disrupts the body's clotting mechanism and causes internal bleeding when blood seeps from tiny blood vessels, the virus is classified as a hemorrhagic fever. In total, six distinct virus species have been identified, although only four are thought to pose a significant health risk to people.

Contact with contaminated bodily fluids, including as blood, saliva, sweat, tears, mucus, vomit, feces, breast milk, urine, or semen, can result in the transmission of the virus. Transmission can also occur through contact with infected surfaces or objects.

The economic impacts of an Ebola outbreak are just as severe as the loss of human lives. The ripple effects of an Ebola pandemic can be felt across the whole economy. When an outbreak of Ebola occurs in a country, stopping the transmission of the disease within the country and among its citizens becomes an urgent matter. Preventative actions are required to forestall a catastrophic pandemic.

Still, the measures taken to manage Ebola have a negative impact on the economy. Household incomes dropped and poverty increased in the nations severely hit by the Ebola pandemic in 2014. The World Bank reported in 2016 that the total cost of the Ebola epidemic in Liberia, Guinea, and Sierra Leone was $2.8 billion.

To know more about the Ebola Virus:

https://brainly.com/question/836713

#SPJ4

Consumers compare brands, products, and product classes to allocate their budgets. They compare particulars on price and the mileage they anticipate to decide from the particulars' features.  

It's especially salutary when buying precious particulars,  particulars you buy frequently, or particulars where the product quality or price varies greatly. Through announcements,  registers, and online quests, comparison shopping is easy and can save you, plutocrats.  

Consumers compare brands for shopping is the only way to familiarize themselves with the stylish available interest rates, know how important analogous homes and buses are dealing for and ensure they pay as little as possible on your big expenditure.

To learn more about consumer compare brands, visit here.

https://brainly.com/question/28097230

#SPJ4

Workplace ethics is defined as a moral code that guides employee behavior in terms of right and wrong in behavior and decision-making.

Workplace ethics, also known as workplace ethics, are moral principles that companies use to determine appropriate or inappropriate behavior in the workplace. Workplace ethics affects everything from how a company operates to how employees behave in the workplace to protect the company's image.

Characteristics are:

Appearance, presence, demeanor, character, communication, cooperation, organization, productivity, respect and teamwork have been defined as critical to academic success and are listed below.

The Cambridge Dictionary defines business ethics as "the rules, principles, and standards that determine what is morally right and wrong in the workplace." Business ethics therefore refers to the implementation of good business practices and policies in the workplace.

Know more about ethics here:

https://brainly.com/question/13402919

#SPJ4

The purpose of check and balance and separation of powers in the US is to ensure that no one branch or person within the US government has excessive power, checks and balances and the separation of powers are in place.

To learn more about separation of powers from the given link

https://brainly.com/question/20630947

#SPJ4

Advertising is a powerful marketing tool that can assist you in attracting customers, educating them about your products, and earning their confidence.

To learn more about Types of Advertising refers to:

https://brainly.com/question/14227079

#SPJ4