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Norwegian Encore was delivered to NCL on 30 October 2019 in Bremerhaven. [6] The ship was the 14th and last ship that Meyer Werft has built for NCL. [15]Andy Stuart, then-president and CEO of NCL, announced on The Kelly Clarkson Show on 10 September 2019 that Kelly Clarkson would be the godmother to Norwegian Encore. [16]
The oldest cost (i.e., the first in) is then matched against revenue and assigned to cost of goods sold. Last-In First-Out (LIFO) is the reverse of FIFO. Some systems permit determining the costs of goods at the time acquired or made, but assigning costs to goods sold under the assumption that the goods made or acquired last are sold first.
Norwegian pioneered many firsts in the cruise industry, such as the first exclusive private island, Great Stirrup Cay in the Bahamas, [further explanation needed] the first combined air-sea program (marketed as "Cloud 9 Cruises"), which combined low-cost air fares with the cruise, Freestyle Cruising, which is a form of relaxed and informal cruising, and first shipline to develop new ports in ...
Cycle inventory. First of all, we need to go through the idea of economic order quantity (EOQ). [6] EOQ is an attempt to balance inventory holding or carrying costs with the costs incurred from ordering or setting up machinery. The total cost will minimized when the ordering cost and the carrying cost equal to each other.
Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...
The first incarnation of the class came in the form of the sister ships Norwegian Breakaway and Norwegian Getaway in 2013 and 2014, respectively. They make up the smaller sub-class and are operated by Norwegian Cruise Line. Norwegian Breakaway: 2013: 2013–present: 145,655 GT: First ship of the class: Norwegian Getaway: 2014: 2014–present ...
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Cost of goods available for sale is the maximum amount of goods, or inventory, that a company can possibly sell during an accounting period. It has the formula: [ 1 ] Beginning Inventory (at the start of accounting period) + purchases (within the accounting period) + Production (within the accounting period) = cost of goods available for sale