The methods used to assign costs to inventory and cost of goods sold under both a perpetual and a period system are:
a. Weighted average
b. Specific identification
c. First-in, first-out
d. Last-in, first-out
<h3>What are the inventory methods?</h3>
For most businesses, the four inventory methods used for assigning costs to the ending inventory and the cost of goods sold for the period are the Weighted average, Specific identification, First-in, first-out, and Last-in, first-out.
Thus, the inventory methods do not include First-in, last-out Last-in, last-out.
Learn more about inventory methods at brainly.com/question/6640325
Answer and Explanation:
When the deposits with respect to new shale gas found in north dakota so there would be the both shifts i.e. long run aggregate supply and the short run aggregate supply
And on the other hand when the hot weather would lead to less crop in the midwest so there should be the shift in the short run aggregate supply
Therefore the same would be considered and relevant too
1. Comparing prices
2. Negotiating major purchases
3. Evaluating competing products
4. Separating quality from quantity when clothes shopping
5. Determining want versus need
6. Learning how to just say NO
7. Identifying the right times to buy things
8. Seeing the value in used goods
9. Avoiding shopping hungry OR emotional
10. Knowing your shopping triggers and staying away from them
There are 10 shopping skills that we can follow , you can choose any 3 from these and answer your question.
Answer:
Explanation:
The Solow Growth Model is a short run growth model of economic growth which shows or illustrates the changes in the level of output in an economy over time, as a result of changes in
- savings rate
- population growth rate
- rate of technological progress.
The diagram attached explains the model.
In the short run, increase in technology will increase the output per worker (looking from the microeconomic perspective) and the aggregate output (looking from the macro perspective) in the economy.
This increase in output is later stabilized in the long run.
Answer:
Allocated MOH= $690
Explanation:
Giving the following information:
Main Street Ice Cream Company uses a plantwide allocation method to allocate overhead based on direct labor-hours at a rate of $3 per labor-hour.
The number of hours of labor per 1,000 gallons is 62 for strawberry, 68 for vanilla, and 100 for chocolate.
We already have an estimated overhead rate. All we have to do is allocate the overhead using the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 3* ( 62 + 68 + 100)= 3*230= $690
