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
Mumz [18]
3 years ago
9

Define �cost� as applied to the valuation of inventories.

Business
1 answer:
padilas [110]3 years ago
3 0
Cost is the primary basis for accounting for inventories. Sum of the expenses and charges incurred in bringing an item to it's existing condition and location.
You might be interested in
As part of PSM standards, hazard communication standards require employers who use hazardous chemicals to _____.
dusya [7]
As part of PSM standards, hazards communication standards require employers of different companies who use hazardous, unsafe and life threatening chemicals "to check, evaluate, classify and label each of those chemicals". These standards are developed and established by OSHA (Occupational Safety and Health Organization).
8 0
3 years ago
Amelie received an email that claimed to be from a Nigerian prince who needed help setting up
Aleksandr-060686 [28]

Answer:

Explanation:

Spam

8 0
3 years ago
Adams Company is a manufacturing company that has worked on several production jobs during the first quarter of the year. Below
Paha777 [63]

Answer:

d.$1,685

Explanation:

Though many jobs were completed, but only Job 356 and 357 were sold.

Cost of Goods Sold = cost of job 356 +cost of job 357

= $450 + $1,235

= $1,685

5 0
3 years ago
Having just one error on a cover letter may eliminate an applicant from being considered for employment.
zubka84 [21]

Answer:

i think its true

Explanation:

im sorry if im wrong

8 0
3 years ago
Read 2 more answers
Classify the following cash flows as either operating, investing, or financing activities assume indirect method.1. Received cas
liq [111]

Answer and Explanation:

The classification is as follows

1. Investing activities  : Since there is cash received from the sale of equipment so the same is to be shown in the investing activities in a positive amount

2. Investing activities : Since there is cash paid for buy the long term investment so the same is to be shown in the investing activities in a negative amount

3. Financing activities : Since the cash is received so the same is to be shown in the financing activities in a positive amount

4. Financing activities  : Since the issuance of preferred stock is there so the same is to be shown in the financing activities in a positive amount

5. Financing activities  : Since the cash is paid so the same is to be shown in the financing activities in a negative amount

6. Operating activities : Since the cash is received so the same is to be shown in the operating activities in the direct method as a positive amount  

7. Operating activities  : Since the inventories are purchased so the same is to be shown in the operating activities in the direct method as a negative amount  

8. Operating activities : Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount  

9. Operating activities  : Since the cash is paid so the same is to be shown in the operating activities in the direct method as a negative amount  

10. Investing activities : Since the investment is sold  so the same is to be shown in the investing activities in a positive amount

4 0
3 years ago
Other questions:
  • Generally, the ________ sample procedure for inferences about two population means provides better precision than the _______ sa
    14·1 answer
  • Your U.S.-based company has recently purchased an old office building where employees are being assigned to work. As you are set
    11·1 answer
  • Garrison Shops had a SUTA tax rate of 3.7%. The state's taxable limit was $8,000 of each employee's earnings. For the year, Garr
    13·1 answer
  • Costs that are NOT affected by the quantity of a product sold are _______ costs. Examples of these costs include rent, insurance
    5·1 answer
  • One of the biggest problems with telephone surveys is that 
    11·2 answers
  • Anybody wanna be friends
    13·2 answers
  • How much money did daniel radcliffe make from harry potter
    15·2 answers
  • What is application software used for?
    13·1 answer
  • What qualities do you personally value in a future apartment? A few options to consider (among others):
    12·1 answer
  • Oligopolies exist because of barriers to entry. One of the most important barriers to entry is due to economies of scale. Why is
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!