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
FromTheMoon [43]
3 years ago
12

If the same purchase and sale transactions are recorded using both periodic and perpetual inventory valuation, which method will

provide the same ending inventory and value of COGS under both periodic and perpetual inventory valuation?
Business
1 answer:
maksim [4K]3 years ago
8 0

Answer:

Weighted Average Cost method provides same ending inventory value and same COGS under both periodic and perpetual inventory valuation.

Explanation:

Weighted average method records all the inventory on average cost. It does not matter how and when inventory is counted, purchased or sold. It averages  cost of every unit which comes in the inventory or goes out of inventory. Other valuation method LIFO and FIFO changes the value with change in time or frequency.

You might be interested in
Kendra has a difficult project due for her chemistry class next week. What time-wasting activity should she make sure she does n
GuDViN [60]
Procrastinating
Procrastination is the avoidance of doing a task which needs to be accomplished. It is the practice of doing more pleasurable things in place of less pleasurable ones, or carrying out less  urgent tasks instead of more urgent ones, thus putting off impending tasks to a later time.
3 0
3 years ago
EB4.
avanturin [10]

Answer:

Fixed and Variable cost:

Fixed cost are the costs which cannot be changed with change in the level of goods and services sold or produced.

Variable cost are the costs which changes with change in the level of output produced and sold.

Product and Period cost:

Product costs are the costs which are incurred for making the product such as direct material, factory overhead and direct labor, etc.

Period costs refers to the cost which are incurred for a certain period of time. It is normally associated with the time period than with any type of transactional event.

Therefore, the classification of items is as follows:

(a) Variable cost - Product cost

(b) Variable cost - Product cost

(c) Fixed cost - Period cost

(d) Fixed cost - Period cost

(e) Fixed cost - Period cost

(f) Fixed cost - Period cost

(g) Variable cost - Product cost

(h) Fixed cost - Period cost

(i)  Fixed cost - Period cost

6 0
3 years ago
When a market researcher has reported data, statistics, and information that are not consistent with a study's objectives, the r
Sedbober [7]

Answer:

The answer is the D

Explanation:

Because despite the fact that a research work has the correct interpretation of the information, the correct statistical analysis, understandable sea in a global vision and performing the correct emphasis on the statistics, all these well done works will be underestimated and lose importance if the Information has no direct and applicable relationship with the object of study. IT IS IRRELEVANT INFORMATION FOR THE RECEIVER because this information does not need it at this time

8 0
3 years ago
Wrigley introduced a new flavor of Orbit brand sugar-free chewing gum, mint mojito, and its introductory price was low so that i
Julli [10]

In this example, Wrigley used the Penetration pricing.

Penetration pricing is one of marketing strategy which aims to attract potential customers by offering lower price as its initial offering.

This pricing strategy helps a new product or service to penetrate the market and attract customers because of the low price offered.

In the question, the introductory price for chewing gum, mint mojito were set low and aims to attract new customers to the product.

In conclusion, Wrigley used the Penetration pricing to attract new customers.

Read more about this here

<em>brainly.com/question/3521758</em>

3 0
3 years ago
You're attempting to determine the amount of usable floor space in your day care facility. Which one of the following areas can
Serjik [45]
I believe the answer is d. I hope it was right and I helped!
4 0
3 years ago
Other questions:
  • _______ occurs when children adjust their schemes to take new information and experiences into account.
    10·2 answers
  • If the federal reserve board decreases reserve requirements for banking institutions, _____.
    13·1 answer
  • In circumstances in which technology changes, employees may have to
    14·1 answer
  • If Brazil can produce 5 shirts or 4 pounds of beef in a day, and Uruguay can produce 10 shirts or 2 pounds of beef in a day, the
    12·1 answer
  • PROBLEMThe PQ partnership has the following plan for the distribution of partnership net income (loss):P QSalaries $60,000 $100,
    8·1 answer
  • Bob's Butcher Shop is the only place within 100 miles that sells bison burgers. Assuming that Bob is a monopolist and maximizing
    14·2 answers
  • The primary function of most media is to ________.
    13·1 answer
  • What is the term that describes a person’s tendency to discover information that supports his or her own pre-existing views?
    14·1 answer
  • A production facility employs 10 workers on the day shift, 8 workers on the swing shift, and 6 workers on the graveyard shift. A
    9·1 answer
  • A portfolio is invested 16 percent in Stock G, 56 percent in Stock J, and 28 percent in Stock K. The expected returns on these s
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!