1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MArishka [77]
3 years ago
15

The company changed its inventory method to FIFO from weighted-average, which had been used in prior years.

Business
1 answer:
alukav5142 [94]3 years ago
7 0

Answer:The Fifo method of stock Pricing is more efficient because it show the current market which do give room to rigor of determining unrealized profits.

Explanation:The First in,First out method has proven to be an effective method by revealing the actual cost of the material and represent the historical cost.The use of this system helps to avoid waste by issuing old stocks first.Its also a good representation of a sound storekeeping practice which increases profits during inflation.

You might be interested in
Majenta Company uses a standard costing system. The following information pertains to direct labor costs for February: Standard
4vir4ik [10]

Answer:

Option a 7500 hours.

Explanation:

Given that Majenta Company uses a standard costing system. The following information pertains to direct labor costs for February:

Labour rate variance = Actual hours x actual rate - actual hours x std rate

Here we have actual rate = 10 and std rate = 12

So Labour rate variance = Actual hours (10-12) = 15000 F

This gives

actual hours = 15000/2 = 7500 hours

So option a

5 0
3 years ago
Each language possesses a structure which must at some level influence the way its users view the world.
attashe74 [19]
The statement above is popularly referred to as Whorfian hypothesis. The hypothesis states that language directly affects the way people think about the world and the way they perceive it, thus it holds the idea that one's language determines one's conception of the world.
3 0
4 years ago
A popular soft drink is sold in 2​-liter ​(​2000-milliliter) bottles. Because of variation in the filling​ process, bottles have
saul85 [17]

Answer:

The answer is below.

Explanation:

The z score is a used in statistics to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:

z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation\\\\For\ a\ sample\ size(n):\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }

a) Given that n = 100, μ = 2000, σ = 18

For x < 1995 millimeters:

z=\frac{x-\mu}{\sigma/\sqrt{n} }=\frac{1995-2000}{18/\sqrt{100} }  =-2.78

From the normal distribution table, P(x < 1995) = P(z < -2.78) = 0.0027

b) P(z > z*)  = 10% = 0.1

P(z < z*) = 1 - 0.1 = 0.9

z* = 1.28

z*=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\1.28=\frac{x-2000}{18/\sqrt{100} }\\\\x-2000  =-2.304\\\\x=2002.3\ ml\\\\

From the normal distribution table, P(z < z

6 0
3 years ago
CSI project fpr For inequality
patriot [66]

Answer:

Criminal Science Investigation

false positive rate

phenomenon of unequal and/or unjust distribution of resources and opportunities among members of a given society.

4 0
3 years ago
Over the years Cadillac has become to be thought of as “your grandparent’s car.” The new Cadillac ads showing a beautiful young
ale4655 [162]

Answer:

(B) reposition

Explanation:

Cadillac's image is being repositioned on the existing market; the brand's reposition occurs when a product needs to increase its scope in the market or improve its position in the top of mind. The reposition includes marketing tactics to recover its recognition in the market and retake its market participation.

7 0
3 years ago
Other questions:
  • A company that produces a popular brand of pasta decides against increasing product price. instead, the management decides to de
    7·1 answer
  • In each of the following​ cases, what is the effect on the​ short-run aggregate supply ​(SRAS​) ​curve? An increase in firm cost
    9·1 answer
  • "analytic solver" ADC also is concerned about cash flow in years 2, 3, 4, and 5. Use Analytic Solver to estimate the distributio
    6·1 answer
  • Ethanol and sugar are both made from sugarcane, and ethanol can be used as a fuel substitute for oil. Increasing oil prices caus
    10·1 answer
  • A coach wants to find out the speed of the runners on a track team. tell what simple equipment the coach needs in order to do th
    8·1 answer
  • The entrepreneur's integrity is not relevant to bankers when determining the creditworthiness of a business loan.
    15·1 answer
  • Using the midpoint method, the price elasticity of demand for a good is computed to be approximately 0.75. Which of the followin
    13·1 answer
  • If aggregate demand (ad and nominal gdp (gdp increase while the price level is constant, we would conclude that:
    14·2 answers
  • With crews working shifts that span 24 hours a day, what is the most important thing for Satya to keep in mind as she prepares h
    13·1 answer
  • One-year Treasury bills currently earn 3.25%. You expect that one year from now, 1-year Treasury bill rates will increase to 3.4
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!