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stira [4]
2 years ago
10

The weighted average cost method uses the Blank______ cost for Cost of Goods Sold on the income statement and the Blank______ co

st for Inventory on the balance sheet. Multiple choice question.
Business
2 answers:
lions [1.4K]2 years ago
7 0

The weighted average cost method uses the weighted average cost for the cost of goods sold on the income statement and the weighted average cost for inventory.

<h3>What is the cost of goods sold?</h3>

The cost of goods sold refers to the carrying value of goods sold for a particular period.

The weighted average cost method uses the weighted average cost for the cost of goods sold on the income statement and the weighted average cost for inventory on the balance sheet.

Learn more about the cost of goods sold here:

brainly.com/question/24561653

#SPJ1

professor190 [17]2 years ago
4 0

The weighted average cost method uses the financing cost for Cost of Goods Sold on the income statement and the total cost for Inventory on the balance sheet.

What is the weighted average cost?

This can be referred to mean the calculated cost of capital of a firm where all of the capital is weighted in a proportional manner.

The whole sources of this capital are known to be used when carrying out this calculation.

Read more on Weighted average cost here: brainly.com/question/8287701

#SPJ1

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Sam visits Mexico for a business meeting. At the meeting, Sam addresses the vice president of the firm by his first name rather
Nesterboy [21]

Answer:

A. power distance

Explanation:

In the context of Hofstede's cultural dimensions, this difference in cultures is part of the power distance dimension, which corresponds to the hierarchical position of the members of an organization and the appropriate relationship form for each hierarchy in an organization that occurs in certain cultures, reinforced by an inequality that already occurs in society.

To avoid offensive behavior in multinational businesses, it is necessary to have multicultural skills that include ethics, respect and knowledge of a new culture and its rules.

8 0
3 years ago
You are making a $120,000 investment and feel that a 15% rate of return is reasonable, given the nature of the risks involved. Y
Nana76 [90]

Answer:

$5,681.08

Explanation:

The net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be found using a financial calculator

Cash flow in year 0 = $-120,000 

Cash flow in year 1 = $48,000

Cash flow in year 2 = $54,000

Cash flow in year 3 = $76,000

Cash flow in year 4 = $-12,000

I = 15%

NPV = $5,681.08

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

6 0
3 years ago
A change in the relative price of one good versus another will cause a change in marginal product and the allocation of labor re
kakasveta [241]

Answer:

The correct answer is: increase relative to Industry B.

Explanation:

The marginal revenue product measures the conribution of each additional unit of input employed in the production process. It is calculated as the product of price of product and marginal product of input.

The profit maximizing level of wage is when the marginal revenue product of labor is equal to wages.

Suppose there are two goods, A and B respectively.

When the price of good A increases relative to good B, the marginal revenue product of labor employed in production of good B will increase as well.

This will cause the wage rate of those workers to increase in comparison to workers in industry B.

4 0
3 years ago
True or False. Emulsifying agents are sometimes added to oils for production of cutting fluids, which are to be mixed with water
victus00 [196]

false

hope this helps :)


8 0
3 years ago
Diane Fisher of ABC Research determined that her lent's problem was lack of knowledge about customer preferences for features on
Fudgin [204]

Answer:

D

Explanation:

In the above scenario, Diane's decision to gather preference information for the product features is an example of her Determining Research Objectives. Thus option D is the right option.

Cheers

6 0
3 years ago
Read 2 more answers
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