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Sergio [31]
2 years ago
14

Which inventory costing method generally results in the most recent costs being assigned to ending inventory?

Business
1 answer:
BaLLatris [955]2 years ago
3 0

FIFO  inventory costing method generally results in the most recent costs being assigned to ending inventory.

Inventory costing also referred to as stock cost accounting is when groups assign expenses to merchandise. these fees additionally consist of incidental costs consisting of the garage, management, and market fluctuation.

Stock price control has many aspects, such as financing, device, labor, shielding measures, coverage, handling, obsolescence, losses via pilferage, and the possible value of selecting to deal with an inventory. these elements all integrate to create the full price of conserving inventory costs.

The inventory cost method consists of starting stock cost, ending inventory cost, and purchase expenses over a fixed time period. more succinctly, it seems like: stock cost = [beginning inventory + inventory purchases] - finishing stock.

Learn more about inventory costing here:

brainly.com/question/6640325

#SPJ4

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Explain how someone can be employed and still live below the poverty line.
Rama09 [41]

- person working a part time job but seeking full time employment
-had a job but earns low wages
-people that have large families
-member of family with serious health issue
5 0
3 years ago
If a nation has a comparative disadvantage in the production of some commodity: Group of answer choices it cannot gain from inte
vazorg [7]

Answer:

it can still gain from international trade in that commodity, by getting it at a lower opportunity cost than if it produced it domestically.

Explanation:

A country has comparative disadvantage in production if it produces at a higher opportunity cost when compared to other countries.

The country with a  comparative disadvantage can gain from trade by trading the good with a country that has  comparative advantage in the production of that good. i.e. the country produces at a lower opportunity cost

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country B has a comparative disadvantage in the production of beans and country A has a comparative disadvantage in the production of rice

Country B should buy beans from A and A should buy rice from B

7 0
3 years ago
Which of the following correctly describes globalization
kondor19780726 [428]

what is your question ??

I think u have missed some parts here in the question ..

5 0
2 years ago
A company has issued 100,000 options of which 50,000 are "in the money at an average exercise price of $15.00. The Company’s sto
nikitadnepr [17]

Answer:

20,000 shares

Explanation:

The computation of given question is shown below:-

Dilutive number of shares:-

Proceeds from the options issue = 50,000 × $15

= $750,000

Shares issued = 50,000

Treasury shares purchased from proceeds of the options

= ($750,000 ÷ $25)

= 30,000

Dilutive number of shares outstanding = Shares issued - Shares purchased back

50,000 - 30,000

= 20,000 shares

8 0
3 years ago
Can you Describe the system that critics of mining towns referred to as wage slavery? Why did critics adopt this name?
telo118 [61]

ANSWERS: There was a format called Company Town where the company would virtually own and control the entire town including daily need item stores. Workers were lured with attractive wages and accommodation. But, the wages were paid in 'Scrips' which were company printed currency meant to be spent in the stores owned by the company owned and controlled stores inside the company town. This led to the employees getting dependent on employers and their personal freedom and space getting interfered by employers. This relation led to the term 'Wage Slavery'. This practice was continued in mining town till 1960s whereas the concept of company town ended in the 1920s.

7 0
3 years ago
Read 2 more answers
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