Answer: All of the other answer choices are true.
Explanation:
FIFO simply refers to “First-In, First-Out” and the method assumes that the oldest goods that are in the inventory of a company have been sold first and therefore, the costs that are paid for them will be used for the calculation.
The following are true regarding the FIFO method:
• FIFO under a perpetual inventory system results in the same cost of goods sold as FIFO under a periodic inventory system.
• A company can choose to account for the flow of inventory using the FIFO method even if this doesn’t match the actual flow of its inventory.
• Perishable goods often follow an actual physical flow that is consistent with the FIFO method assumptions.
Therefore, the correct option is D as all are true.
Answer:
B
Explanation:
The purpose of CRM is not to replace the human resource department.
Answer:
Net Sales = $100,100
Sales Return and allowances = $4,500
Net income = $33,700
Explanation:
Cost of goods sold 48,200
Gross Profit 51,900
Net Sales 100100
Sales Return and allowances = Sales - Net sales- Sales discounts = 107800-100100-3200 = 4500
Selling Expenses = Total operating expenses - General and Administrative Expenses = 18200 - 10400 = 7800
Net income = Gross profit - Total operating expenses
=51900-18200
= 33700
Answer:
Graphs show the relationship between 2 variables. A graph is used to condense numeral information making patterns clearer. Using graphs makes data readable for economists.
Answer: Ok, so ill explain a little. From the looks of this, its wanting you to place the sentence in a correct, plausible order. Number one would be
" Alarm System Guard On". I may be wrong but, that's how I see the question. But it might also be giving you an example of how the rules work. Let me know if you need any more help.
Explanation:
