1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lena [83]
4 years ago
6

Under which of the following conditions will the FIFO method produce the same cost of goods manufactured as the weighted-average

method? A. There is no ending inventory.B. There is no beginning inventory.C. The beginning and ending inventories are equal.D. The beginning and ending inventories are both 50% complete.
Business
1 answer:
joja [24]4 years ago
7 0

Answer: The correct answer is <u>".B. There is no beginning inventory.".</u>

Explanation:  

The weighted average method produces the same cost of manufactured goods as the FIFO method (First in First out) when there is no beginning inventory because there are no units at the beginning that drag the cost.

You might be interested in
A dollar today is worth ______ a dollar in the future because it can be reinvested. Multiple choice question. the same as more t
timofeeve [1]

A dollar in the present day is worth less than that of the dollar in the future, because of returns generated over reinvestment.

<h3>What is reinvestment?</h3>

A process of investing something, which is invested more than once after generating returns over it, is known as a reinvestment. A currency is the most widely reinvested class of asset, and generally its value appreciates.

Hence, the significance of reinvestment is given above.

Learn more about reinvestment here:

brainly.com/question/17206010

#SPJ1

5 0
2 years ago
Read 2 more answers
Communication with the public and employees should be overseen by the director of PR. The duties of the crisis team should be di
Veseljchak [2.6K]

Answer: The third option (option C) is the right answer.

Explanation:

The paragraph which has the best coherence is option C. This is because in the case of the third option, it explains that the flow of ideas is constant from one sentence to another.

The first sentence serves as an introduction which talked about the reasons why duties should be divided based on each member’s expertise. The sentences moved smoothly and also logically from one sentence to another sentence. An example is the sentence that “if your company does not have a public relations executive…..”. This should logically proceed the sentence that says that communication ought to be overseen by the director of PR.

This shows that the third option possesses a consistent and logical train of thought as well.

3 0
3 years ago
Explain the role of an entrepreneur in the economy
Ostrovityanka [42]
To start their own business, usually this supports their local economy however still depending on their success. 
5 0
3 years ago
Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time
coldgirl [10]

Answer:

Option C                

Explanation:

In simple words, Horizontal analysis ( also referred to as pattern analysis) is indeed a method for the study of financial records that indicates improvements in the sums of the related products over a span of time. This is a valuable tool for determining pattern circumstances. The reports are being used in horizontal analysis for two different time intervals and is compared on percentage basis.

4 0
3 years ago
At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly bas
levacccp [35]

Answer:

Employee        Salary          Hrs. Worked        Cumulative Taxable

                                                                         Wages as of Last Pay Period

King, M.      $135,200 (year)     40                  $132,600.00

Manera, E.     $6,500 (month)  40                  $76,500.00

Tate, S.          $3,900 (month)  48                  $45,900.00

Yee, L.            $12.50 (hour)     44.5               $27,675.13

Diaz, R.           $12.50 (hour)     48                  $14,778.96

Zagst, J.          $14.50 (hour)     52                  $24,703.02

(a) regular earnings,  

King, M. $135,200 / 52 weeks = $2,600    

Manera, E. $1,500 weekly salary    

Tate, S. $900      

Yee, L. $12.50 x 40 = $500        

Diaz, R. $12.50 x 40 = $500        

Zagst, J. $14.50 x 40 = $580

(b) overtime earnings,

King, M. $0    

Manera, E. $0  

Tate, S. [($900 / 40) x 8 x 1.5] = $270      

Yee, L. $12.50 x 4.5 x 1.5 = $84.38        

Diaz, R. $12.50 x 8 x 1.5 = $150                  

Zagst, J. $14.50 x 12 x 1.5 = $261

(c) total regular and overtime earnings,

King, M. $2,600    

Manera, E. $1,500  

Tate, S. $1,170      

Yee, L. $584.38        

Diaz, R. $650                  

Zagst, J. $841

(d) FICA taxable wages (the FICA taxes limit for 2020 is $137,700, so everyone will be taxed)

King, M. $2,600    

Manera, E. $1,500  

Tate, S. $1,170      

Yee, L. $584.38        

Diaz, R. $650                  

Zagst, J. $841

(e) FICA taxes to be withheld

King, M. $2,600 x 7.65% = $198.90    

Manera, E. $1,500 x 7.65% = $114.75      

Tate, S. $1,170 x 7.65% = $89.51          

Yee, L. $584.38 x 7.65% = $44.71            

Diaz, R. $650 x 7.65% = $49.73                      

Zagst, J. $841 x 7.65% = $64.34    

(f) net pay for the week ended

King, M. $2,600 - $198.90 = $2,401.10    

Manera, E. $1,500 - $114.75 = $1,385.25      

Tate, S. $1,170 - $89.51 = $1,080.49          

Yee, L. $584.38 - $44.71 = $539.67            

Diaz, R. $650 - $49.73 = $600.27                      

Zagst, J. $841 - $64.34 = $776.66    

3 0
3 years ago
Other questions:
  • A carpenter sells _______ , whereas an automobile manufacturer sells _______.
    12·1 answer
  • The amount of money you can charge to a credit card is called
    6·1 answer
  • Danny deposits $50 in a savings account at 5 percent interest for 3 months. How much will be in the account after 3 months?
    8·1 answer
  • Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 unit
    10·1 answer
  • Harrison is a manager at the local post office. He wants to find ways to improve worker motivation, and has read about the Hawth
    13·1 answer
  • Accounts Receivable As of December 31, 2016, Nala Incorporated reported accounts receivable for $275,000 less allowance for doub
    8·1 answer
  • Many homes are decorated in spring colors because these colors are deemed to be uplifting; however, most department stores do no
    6·1 answer
  • Joint products Alpha and Beta emerge from common processing that costs $200,000 and yields 9,000 units of Product Alpha and 5,60
    7·1 answer
  • Which of the following benefits do franchisees enjoy over other small business owners? Select the two correct answers.
    5·2 answers
  • chapter 9 technology methodical application of scientific knowledge for practical purposes invention product or process which ca
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!