Answer:
The correct answer is C.
Explanation:
Giving the following information:
The LIFO inventory method assumes that the cost of the latest units purchased are:
<u>Under the Last-in, First-out method the first units on inventory are the ones left to ending inventory. On the contrary, the last units are the first ones to go to the cost of goods sold. </u>
a. the last to be allocated to the cost of goods sold. False, this is under the FIFO method.
b. the first to be allocated to ending inventory. False, this is under the FIFO method.
c. the first to be allocated to the cost of goods sold. True.
d. not allocated to cost of goods sold or ending inventory. False, they are allocated to cost of goods sold.
You do not have a question posted, so we cannot answer.
Answer: $1,700
Explanation:
The expected winning bid is the weighted average of the 2 different bids.
Half of the bids are for $1,500 so weight of $1,500 is 0.5.
Half of the bids are for $1,900 so weight of $1,900 is 0.5.
Expected Winning bid = (1,500 * 0.5) + ( 1,900 * 0.5)
= 750 + 950
= $1,700
Answer:
C
Explanation:
Sellers market! Sellers decide what will be the market price for their goods.
Buyers can and cannot agree with the proposed price.
If they agree, sellers will up their prices next year
If the buyers do not agree we will have a sale going on
Easy as that
Answer:
Barter syndication
Explanation:
Barter syndication is defined as a contract that exists between broadcasters like television networks, independent networks, and television syndicators. The item that is being battered is advertisement time within programs being aired.
It determines how much advertising time will be available and who will sell that time.
In this scenario advertising time is shared among various parties. The ads for Wheel of Fortune, a game show, are pre-sold to national advertisers. The rest of the advertisements for Wheel of Fortune are offered to local stations either for free or for a reduced rate.