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liubo4ka [24]
4 years ago
14

The beginning DV LIFO inventory is $20,000. That inventory in year dollars is $17,000. The ending inventory at FIFO cost is $35,

000. The price level for the period is 1.25. The ending DV LIFO inventory is $28,000.
False/True
Business
1 answer:
bazaltina [42]4 years ago
3 0

Answer: True

Explanation: according to the question, the dollar value of inventory using LIFO is $20,000. The price level foe the period is 1.25. The closing inventory using FIFO is $35,000.

Therefore the closing inventory using LIFO = $35,000/1.25= $28,000

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According to the assumptions of CVP, ______ will not change as the volume of a product increases or decreases. total variable co
fgiga [73]

Answer:

Fixed costs, sales price, and variable cost per unit

Explanation:

Cost-volume-profit (CVP) analysis is a cost accounting technique that examines how operating profit is affected by varying levels of costs and volume. Another name for CVP is break-even analysis because for different sales volumes and cost structures, it provides the break-even point (BEP) for different sales volumes and cost structures. BEP can assist managers during the short-term economic decision making.

Some of the assumptions of CVP are that fixed costs, sales price, and variable cost per unit will not change even when the volume of a product changes. The change in the volume of a product can either be an increase or a decrease.

Therefore, according to the assumptions of CVP, fixed costs, sales price, and variable cost per unit will not change as the volume of a product increases or decreases.

I wish you the best.

5 0
3 years ago
g A savings product requires you to invest the following amounts. 250 today, 450 in one year, 650 in two years, 850 in three yea
Kaylis [27]

Answer:

$3,520.65

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

= $250 × (1 + 0.0275)^5 + $450 × (1 + 0.0275)^4 + $650 × (1 + 0.0275)^3 + $850 × (1 + 0.0275)^2 + $1,100 × (1 + 0.0275)^1

= $286.32 + $501.58 + $705.11 + $897.39 + $1,130.25

= $3,520.65

We do the reversing time period and according to that the calculation can come.

3 0
4 years ago
RE- QUESTION:
anastassius [24]
4- your mother buys flour
4 0
3 years ago
Phil owns 150 acres in fee simple absolute. tThese 150 acres are known as his?
SIZIF [17.4K]

Phil owns 150 acres in fee simple absolute. These 150 acres are known as his ownership

<h3>What is ownership?</h3>

Ownership is the legal possession and control of property, which can be any tangible or intangible asset. Ownership can involve multiple rights, referred to collectively as title, that can be separated and held by different parties.

The legal right of an individual, group, corporation, or government to possess a thing is referred to as ownership. Material and immaterial things are the two types of subjects of ownership. Material ownership refers to tangible items such as property, land, a car, a book, and so on.

The legal right to use, possess, and give away something is defined as ownership. Ownership can be of tangible things like personal property and land, or of intangible things like intellectual property rights.

To know more about ownership follow the link:

brainly.com/question/523607

#SPJ4

6 0
1 year ago
+
Tanzania [10]

Answer: National Clubs

Explanation:

There are national clubs where students with common interests can meet via an online school such as the K12 online national clubs. Enrolling for the club is not a difficult process and the schedule can then be accessed from the Class Connect schedule.

These clubs offer a diverse range of interests and subjects such as engineering, sketching and others and they are led by teachers from a school which is K-12 registered and powered.

8 0
3 years ago
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