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2 years ago

Inventory costing methods place primary reliance on assumptions about the flow of:a. goodsb. costsc. resale pricesd. values

Business

2 answers:

Mrac [35]2 years ago

4 0

Answer: B costs

Explanation:

In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.

Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.

Nana76 [90]2 years ago

3 0

Answer:

The correct answer is letter "B": costs.

Explanation:

Inventory costing methods are approaches used by companies to collect, analyze, summarize, and evaluate the flow of inventory costs. The activity of the firm could determine what type of costing method will be implemented. We can identify four (4) costing methods: Specific Identification; First-In, First-Out (FIFO); Last-In, First-Out (LIFO); and Weighted-Average.

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Vilka [71]

Answer:

Explanation:

Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days

Total slack measures the total amount of time a project can be delayed before the project's completion.

Functional slack measures the amount of time that each activity in a project can be delayed without affecting the project's completion time.

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3 years ago

Group Working age population Discouraged workers Employed Unemployed # in Millions 215 5 138 According to the table, the labor f

patriot [66]

Answer:

A decrease in labor force participation rate

Explanation:

The workers which are discouraged can opt out of the labor market since there is no incentive for them work anymore. The workers choosing to go out of the labor market will decrease the overall labor force participation rate. The unemployment rate can also be affected but the main effect would be on labor force participation rate

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3 years ago

Stock Company has 2,000 units in beginning work in process inventory, 20% complete as to conversion costs, 23,000 units transfer

ss7ja [257]

Answer:

B. 26,000, 24,000.

Explanation:

Stock Company

Equivalent units

Particulars Units % of Completion Equivalent Units

Mat. Conversion Mat. Conversion

Transferred Out 23000 100 100 23000 23000

Ending WIP 3000 100 331/3% 3000 999.9= 1000

Total Equivalent units 26000 24000

The Equivalent units can be calculated either by adding the units transferred out and ending WIP or by adding beginning WIP and units started.

Equivalent units for materials 26000

and Equivalent units for conversion are: 24000

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3 years ago

Kubin company’s relevant range of production is 20,000 to 23,000 units. when it produces and sells 21,500 units, its average cos

Afina-wow [57]

The cost per unit is derived from the variable costs and fixed costs incurred by a production process, divided by the number of units produced. Hypothetically lets say variable costs for Kubin company's production is $50,000 and their fixed costs are $25,000. $50,000 variable costs + $25,000 fixed costs / 21,500 units = $3.49/unit.

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3 years ago

Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years fr

Taya2010 [7]

Answer:

It will take 10.058 years from today.

Explanation:

Giving the following information:

Present value= $1,091

Future value= $1,728

Interest rate= 12%

First, we need to calculate the number of years it will take to transform the PV into the FV:

n= ln(FV/PV) / ln(1+i)

n= ln(1,728/1,091) / ln(1.12)

n= 4.058 years

It will take 10.058 years from today.

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2 years ago