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Good transportation system

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13y ago
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13y ago

a good transportation system

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Q: Which is necessary to distribute finished goods?
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What is necessary to to distribute finished goods?

good transportation system.


How is secondary sector dependent on primary sector?

Primary>Secondary relies on secondary to buy the output so it can be processed into finished goods Secondary>Primary relies on primary to extract raw materials for them to process Secondary>Tertiary relies on tertiary to distribute their finished goods to consumers/customers Tertiary>Secondary relies on secondary to supply finished goods for them to sell Primary>Tertiary relies on tertiary to distribute and market their goods to both secondary and consumers Tertiary>Primary relies on primary to use their services and thus provide a source of revenue


What is the journal entry to move finished goods from Work In Process to Finished Goods Inventory?

[Debit] Finished Goods [Credit] Work in process


Differentiate between Prime and Conversion costs?

Prime costs is that cost which is prime for the manufacture of units of products while conversion cost is necessary to convert raw material into finished goods.


What is the function of an economic system?

to produce and distribute goods and services


What is function of an economic system?

to produce and distribute goods and services


What are finished goods?

Finished goods are goods that have completed the manufacturing process but have not yet been sold or distributed to the end user.


How to calculate the closing stock of finished goods?

annual cost of sales=1800000 opening stock of finished goods=60000 finished goods storage period:10 days assuming 360 days in a year, the closing stock of finished goods is=??


How do you calculate beginning finished good when sales are 365000 ending finished goods are 14000 cost of goods sold is 220000 and cost of goods manufactured is 190000?

Consider beginning finished goods as x: Cost of goods sold = x + cost of goods manufactured - ending finished goods inventory 220,000 = x + 190,000 - 14,000 x=44000


Economics is about allocating resources to produce and distribute which of the following?

Goods and services


How does a free market distribute goods?

they are bought and sold by the people (gradpt)


Accounting entry for goods received as samples?

business is receiving goods as samples it may sell or distribute for advertisement