Answer:
Option A
Total cost of goods sold = $<u>1,007.7</u>
Explanation:
<em>Under the last -in-first-out (LIFO) method, inventory are priced using the price of the newest/latest batch in stock until a new batch is received after which the price of the new batch is used and this is continued.</em>
So we apply the principle as follows:
$
July 14 sale of 83 units = 83× 6.90 = 572.7
July 30 sale of 58 units = 58× 7.50 = <u>435</u>
Total cost of goods sold <u>1,007.7</u>
Total cost of goods sold = $1,007.7
Answer:
The answer is "Writing a SPIKE (a non-technical nonstory) as well as the period box until you accept your system planning article".
Explanation:
The working of the team is on state-of-the-art technology and its understanding of the relevant setting, and its main purpose of removing technological complexity is to conduct experiments-this is what a SPIKE tale is about. Whenever a story could not be predicted as the manager wants an experiment, it's indeed best to read a piece before continuing to work on the storyline.
Answer:
Check the following information.
Explanation:
1) Fairness
2) Litigation
3) After
4) misleading
5) Adjusted
A subdequent is an event which occurs before the financial statements are issued but after end of period .There are type 1 and type 2 events.
- Type 1 are one which occurred at financial date but may conclude after the year end.
- Type 2are ongoing but occurr after year end
- Type 1 are recognised and type 2 are not recognised
Answer:
(D) that resources are imperfectly substitutable among alternative uses.
Explanation:
A production possibility curve is used to measures the maximum amount of output of two goods using any combination of the factors of production as fixed input, therefore, capital,land,labour and entrepreneur, which requires the combination of all in most cases. The points on the curve indicates the amount of each goods to be produced when there is a shift in resources from making more of one goods than the other goods.
If the amount produced is inside the production possibility curve, then all of the factors of production are not being effectively used in the production of the goods.