Answer:
The banking system would definitely not be able to to create new money.
The average variable cost per unit is 60 cents
Total costs= fixed costs + (variable costs x number of units)
Solve where x= variable cost per unit
$120= $60 + $100x Subtract 60 from both sides
60 = 100x Divide by 100
x = $0.60
All of the above but I think fair treatment it the answer sorry if I’m wrong
LIFO will involve lower income tax expenses.
FIFO ("first in, first out") is based on these production costs, assuming that the
oldest products in a company's inventory are sold first. The LIFO (last in, first out) method assumes that the newest product in the company's inventory was sold first, and uses that cost instead. The last-in, first-out (LIFO) method assumes that the last-purchased inventory is sold first to the consumer.
FIFO (First In, First Out) Inventory Management evaluates inventory to reduce the likelihood of business losses when products are phased out or discontinued. LIFO (last in, first out) inventory management is suitable for non-perishable goods and uses the current price to calculate the cost of goods sold.
Learn more about LIFO at
brainly.com/question/24938626
#SPJ4