inventory cost flow assumption influence by tax implications of choice ,financial statement effect, actual physical flow of inventory.
<h3>What Is Cost Flow?</h3>
The way or channel that costs move through a company is referred to as the flow of costs. The flow of costs typically pertains to manufacturing businesses where accountants are required to quantify expenses associated with raw materials, work in progress, finished goods inventory, and cost of goods sold.
Four commonly acknowledged methods—specific cost, average cost, first-in, first-out (FIFO), and last-in, first-out—are available for allocating expenses to ending inventory and cost of goods sold (LIFO).
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The new ordinance will make a difference when the new wages will be binding.
<h3>How to depict the information?</h3>
It should be noted that the supply curve shows the relationship between the price and the quantity supplied.
Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.
On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.
Therefore, joining the lowest of the two points will give the equilibrium.
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Answer:
Benefit is $3526
Explanation:
In order to obtain earned credit, the following requirements should be managed to meet:
1) interest income must be 3600 or even less.
(2) Total income for sole dependents must be 41,094 or fewer.
3) In such a situation, the full amount of taxable income credit shall be $3,526.
Because all earned income and gross income are below the latter cap ($41,094) in that case, the full taxable income benefit is $3526.
Answer:
The correct answer is personality.
Explanation:
Questionnaires or personality tests have been designed for the evaluation of an individual's personality. From all the definitions of personality we can conclude that personality is a construct that gives unity to all the psychological manifestations of man. These manifestations can be directly observable or external (body movements) such as indirectly observable or internal (thoughts, emotions, values, etc.).
Answer:
d. 0 3,120 units.
Explanation:
Consider the following formula to calculate the budgeted production
= Budgeted sales + Desired ending inventory - Beginning inventory available
= 3,000 + (4,200*10%) - 300 Setting the values of the previous formula.
= 3120 units
