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KiRa [710]
2 years ago
7

the inventory costing method that smooths out erratic changes in costs is: multiple choice fifo. weighted average. lifo. specifi

c identification. wifo.
Business
1 answer:
Marat540 [252]2 years ago
8 0

The inventory costing method that smooths out erratic changes in costs is the weighted average.

<h3>What is the weighted average inventory costing method?</h3>

The weighted average is an inventory costing method that allocates the cost of goods sold and the ending inventory based on the average price of the good purchased over a period. Due to the face that the average price of inventory purchased is used, it would smooth out erratic changes in the cost of the good.

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold. FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.

To learn more about the weighted average method, please check: brainly.com/question/28018617

#SPJ1

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The answer is c 99% right
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Wrecked furniture. ralph buys new furniture for his living room from good times furniture. it is agreed that the goods will be p
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Explanation:

According to the question, the information provided are:

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Considering the above information, whatever may be the mode of delivery and through whomever it might be, seller is the sole responsible person to deliver the product.

A Customer does not know about the mediators. He only needs the product and he has rights only to question the seller and not the mediator.

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4 years ago
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Answer:

The answer is low

Explanation:

Liquidity or Solvency is the ability of a business to pay its debt(both in short term and long term).

In the question, Coleman Luggage has a liability of 879,000 and the total current assets(which can be used to offset the liability) are cash balance of $175,000 + inventories of $220,000 + Other short-term assets of $85,000 = $480,000.

To know its solvency (net working capital) = Asset - liability

$480,000-870,000

= -$390,000.

Coleman Luggage has a low solvency because his asset cannot cover all his liabilities. His asset is less than his liabilities

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