Answer:
NU company.
The reason LIFO and FIFO present 2 different valuation of inventory is because of the way inventory is expensed in either methods.
LIFO stands for Last in First out. Meaning the last stock to be received should be the first to be issued to production.
If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be high while the inventory balance in the balance sheet low. And the reverse if the costs of new inventory purchases have been declining.
FIFO stands for First in First out. Meaning the first inventories receives must be exhausted before we move to the receipt after that, and on and on.
If it thus shows that our costs of inventory has been increasing over the period, the inventory expensed to cost of sales will be low while the inventory balance in the balance sheet high. And the reverse if the costs of new inventory purchases have been declining
Nu company Gross Profit
Net sales $2,950
Less costs of sales:
Cost of goods available for sale 2,350
Less inventory closing 920
Costs of sales 1,430
Gross profit $1,520
Gross Profit % = $1,520 / $2,950
= 52% (c)
Answer:
Visualization is important because every body learns slightly differently. Some people learn from doing the task hands-on, some people learn from watching someone else do the task, some people learn from reading about it, hearing about it etc etc. It is also important to show visuals to show your answer, and/or reasoning in greater detail; say that you are giving a presentation about stocks, you could just write about it, but if you show graphs, pictures, and other visuals, then you'll get your point across a lot faster, and look professional in the process
I don't know the activity so I can't give an example from "this activity" it hopefully you find some help fro this
Explanation:
May I have brainliest please? :)
The two key components of the review phase of the strategic marketing process are recognising goals that have been missed and taking corrective action.
<h3>What does the strategic marketing process' review phase entail?</h3>
The assessment phase aids in determining the effectiveness of the marketing campaign. We contrast the marketing program's results with the objectives specified during the planning stage. In this way, we are able to spot the goals' deviations.
The strategic marketing process consists of three stages, which are
SWOT analysis, goal appraisal, and goal setting. awareness, action, and assessment. planning, carrying out, and evaluating.
A marketing strategy's two main components are choosing a target market and developing a marketing mix.
learn more about strategic marketing refer
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In pursuing operation management, the organization that is
best to engage to or join in is the APICS, it is an organization of where
operation management are helpful and useful as they are base on providing
supply and into having to manage researches regarding about operations and
logistics which operational management are best or is involved of doing.
<span>Job V had $8,000 of direct labor, and $6,000 of overhead was applied to the job. $6,000 divided by $8,000 = .75 overhead rate. In other words, the application was based on taking $8,000 of DL x .75 rate = $6,000 overhead.
For Job W, take $4,000 DL x same .75 rate = $3,000
The OH cost to be applied to W at year-end is $3,000.</span>
