With the <em>specific identification inventory method</em>, the Cost of Goods Sold equals the <em>exact costs of the items sold.</em>
The <em>specific identification inventory method</em> tracks each sold item to record its cost. The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.
The <em>specific identification inventory method</em> is not like the:
- FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the store
- LIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the store
- Weighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.
Thus, the <em>specific identification method</em> ensures that the Cost of Goods Sold equals the actual cost of the goods.
Read more: brainly.com/question/18522650
Answer:
$27,300
Explanation:
Let husband's salary be x
Wife's salary is 15% more than husband's salary. This implies that wife's salary is 15% of x plus x.
Wife's salary = 0.15x + x
= 1.15x
Sum of their salaries = $58,695
Substituting the values in the equation:
58,695 = 1.15x + x
2.15x = 58,695
x = $27,300
Husband's annual salary is computed as $27,300
Answer:
A) DOL = 1.33 times; DFL = 1.80 times; and DCL = 2.4 times
B) Next years expected Earnings before interest and tax = $5.5 million; and Net years expected net income = $2.45 million
C) Next years expected Earnings before interest and tax = $2.5 million; and Net years expected net income = $0.35 million
Explanation:
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Answer:
The correct answer is letter "A": generic problem recognition.
Explanation:
While talking about how consumers recognize problems, generic problem recognition refers to a marketing strategy by which different features of a product are promoted highlining the benefits it carries over satisfying the same need. The more features are presented of the product, the more chances to increase its market share.
Therefore, <em>by portraying consumers the different benefits of its soup, Campbell aimed to stimulate the generic problem recognition.</em>
Answer:
B. French wines will become more expensive in the United States.
Explanation:
Exchange rate is the rate at which one currency can be exchanged for another during international trade. The strength of a currency determines how much of the other countrie's goods it can purchase.
When the strength of a countrie's currency is high it will purchase more of the other countrie's goods. If however the currency is weak, it will take more to buy the other countrie's goods.
In this case if the dollar falls against the euro, it will take more dollars to buy French wine than before.
For example if a bottle of French wine was $500, after the fall the price may now be $800.
