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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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Answer:

Cost of jobs completed in February=

Direct materials issued to production+

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5 0
3 years ago
Florissa's Flowers jointly produces three varieties of flowers in the same garden: tulips, lilies, and daisies. The flowers are
blondinia [14]

Answer:

Lily and Daisy

Explanation:

Joint product   Flowers per harvest   Proportion   Joint cost allocation

Tulip                              10                     20% (10/50)       $6 ($30*20%)

Lily                                20                     40% (20/50)      $12 ($30*40%)

Daisy                            20                     40% (20/50)      $12 ($30*40%)

Totals                           50                     100%                  $30

As per above results, both Lily and Daisy received the largest proportion of joint cost.

6 0
3 years ago
Roberts Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $
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Answer:

The balance of Allowance for Uncollectible​ Accounts, after​ adjustment, will be $2,100.

Explanation:

Allowance for Uncollectible Accounts = Allowance for Uncollectible Accounts prior to adjustment + Current year's Allowance

Allowance for Uncollectible Accounts = $1,000 + $1,100

Allowance for Uncollectible Accounts = $2,100

So, The balance of Allowance for Uncollectible​ Accounts, after​ adjustment, will be $2,100.

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Answer:

Native ads have been shown to perform better on mobile than those of traditional design as well. This is because in order to make an effective native ad, it has to be relevant to the content in which it is featured—unlike traditional ads that are placed on screen and don't necessarily match up with messaging.

Explanation :

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2 years ago
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