Answer:
FIFO LIFO Weighted average
Cost of goods sold 1,060 1,380 (1,060 + 1,380)/2 = $1,220
Ending inventory 1,380 1,060 (1,060 + 1,380)/2 = $1,220
Explanation:
Attached is the tabulated solutions
Answer:
The correct answer is: the additional product generated by additional units of an input will eventually diminish.
Explanation:
The law of diminishing marginal returns states that with each additional unit of input employed the marginal product of each additional input will go on declining.
This is why the total product will increase at first but after reaching a certain point it will start declining. The total product will be maximum at the point where the marginal product is zero. When marginal product becomes negative the total product will decline.
Anything that is possessed with funds or luxury or heirloom items
Answer:
Jenny pays Abe $300 to give the dog to his parents who live on an isolated farm
Explanation:
The answer is already stated within the question, but I'll provide the explanation.
In order to reach a solution, Jenny would have to offer Abe an amount to get rid of the dog that is more than Abe's benefit of owning the dog, which is $200.
On the other hand, since Jenny bears a cost of $400 from the bark, she would only be willing to spend as much as $400 to resolve the situation. Therefore, the acceptable range for the amount of the agreement for both parts is:
$200 < X < $400.
Since $300 is within that range. Jenny paying Abe $300 to give the dog to his parents is a possible solution.
The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.
<h3>Financial accounting</h3>
Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.
In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.
Tax accounting is specifically intended for tax.
Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.
Read more about<em> accounting</em> here:
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