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grandymaker [24]
3 years ago
14

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

Business
2 answers:
Mrac [35]3 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]3 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: <em>Specific Identification; First-In, First-Out (FIFO); Last-In, First-Out (LIFO); </em>and <em>Weighted-Average</em>.

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Splish Company purchased a computer for $9,920 on January 1, 2019. Straight-line depreciation is used, based on a 5-year life an
BartSMP [9]

Answer:

$2914

Explanation:

The following steps would be taken to determine the answer

1. Calculate depreciation expense given the initial information  

2. calculate the accumulated depreciation by the second year. Accumulated depreciation is sum of depreciation expense

3. subtract the accumulated depreciation from the cost price of the asset. This would give the book value  

4. calculate the depreciation expense using the new information and the book value

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($9,920 - $1240) / 5 =  $1736

Accumulated depreciation = 1736 x 2 = $3472

Book value at the beginning of 2021 = 9920 - 3472 = $6448

Depreciation expense in 2021 = (6448 - 620) / 2 = $2914

5 0
3 years ago
The roles and responsibilities of hrm professionals have evolved primarily because?
PIT_PIT [208]

Human resource management tasks and responsibilities have developed largely as a result of two important factors: (1) firms' identification of workers as their ultimate resource and (2) changes in legislation that overturned many conventional practices.

Human resource management is  mostly the practice of recruiting, hiring, the deployment, and  managing personnel in a business. HRM is frequently abbreviated as "human resources" (HR).

HRM has changed dramatically over the previous two decades, making it an even more vital position in today's enterprises. HRM used to involve processing payroll, sending birthday presents to staff, organizing corporate trips, and ensuring forms were completely filled out, in other words, more of an administrative duty than a strategic position critical to the organization's success.

Therefore, human resource management duties and responsibilities have primarily evolved as a result of two key factors: (1) enterprises' identification of workers as their ultimate resource and (2) legislative developments that have reversed many traditional practices.

To know more about hrm click here:

brainly.com/question/10583893

#SPJ4

6 0
2 years ago
Although some gains have been made in reducing the rate of malnourishment in some lower-income nations, about __________ people
ValentinkaMS [17]

Answer:

1 billion

Explanation:

According to the World bank, about 1 billion people are malnourished around the world despite its efforts to reduce the rate of malnourishment in some lower-income nations. A larger percentage of this 1 billion malnourished people are in the Asian and Pacific continents; rather large percentage of about 60-65 percent.

I hope this helps.

6 0
3 years ago
Inventories of _____ can provide vast amounts of information concerning attitudes toward product categories, brands within produ
WARRIOR [948]

Answer: Activities and opinions

 

Explanation:  

The activities and the inventory opinions is basically providing the various types of data or information that helps in explain about the sales operation, facilities related to the production and also the product categorization.

The inventory of the activities and the opinions plays an important role in the management of an organization as it helps in providing the sufficient knowledge related to the production of the products in the market.

 According to the given question, the inventories of the activity is providing the vast information in concern with the product categories and the specific brand.

Therefore, Activities and opinions is the correct answer.

 

8 0
3 years ago
________ commerce involves the payment of a fee to have products and services delivered on a recurring schedule.
jeka94

Answer: Subscription

Explanation:

4 0
2 years ago
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