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Rasek [7]
3 years ago
12

Considerations that affect the selection of an inventory costing method do not include:

Business
1 answer:
BARSIC [14]3 years ago
8 0

Answer:

Perpetual versus periodic inventory system:

Explanation:

Perpetual versus periodic inventory system:

Management of any corporation are liable to select any method for inventory costing like,FIFO, LIFO etc and inventory system. These two method is different from each other, effect of one don't impact other.

But proper care have been taken by management by deciding the costing method as it affect the amount included as inventory like cost of sold product and other taxable items.

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Charlie is trying hard to lose his "spare tire" before his wedding. He has two months to get ready for the event. He decides to
emmasim [6.3K]
The independent variable is the way of exercise and the dependant is his weight loss?
4 0
4 years ago
On May 31, Money Corporation's Cash account showed a balance of $18,000 before the bank reconciliation was prepared. After exami
nydimaria [60]

Answer:

$18,295

Explanation:

This can be calculated using the following equation:

Reconciled book balance = Book balance – NSF check – Service fees + Error difference

Note that checks outstanding and deposits outstanding are not included in the equation they are not adjustment items to the book balance.

Therefore, we can substitute for the values of each item in the equation and have:

Reconciled book balance = $18,000 - $160 - $130 + ($650 – $65) = $18,295

Therefore, the amount of cash that should be reported in the company's balance sheet as of May 31 is $18,295.

7 0
3 years ago
Materials cost per yard: standard, $1.90; actual, $2.04 Standard yards per unit: standard, 4.69 yards; actual, 5.03 yards Units
elena55 [62]

Answer:

b.$6,619.48 unfavorable

Explanation:

Calculation to determine the direct materials price variance

First step is to calculate the Total number of actual quantity used

Total number of actual quantity used = 9400×5.03

Total number of actual quantity = 47,282

Now let determine the Material price variance

Using this formula

Material price variance = ( Standard price - Actual price ) × Actual quantity used

Let plug in the morning

Material price variance= ( $1.90 - $2.04 ) × 47,282

Material price variance=-0.14×47,282

Material price variance = -$6,619.48 unfavorable

Therefore the direct materials price variance is

-$6,619.48 unfavorable

5 0
3 years ago
El 5 de diciembre se solicitó un préstamo por USD.275,000, negociado al 6.5%
sashaice [31]
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7 0
3 years ago
Brandon Ramirez wants to set up a scholarship at his alma mater. He is willing to invest $320,000 in an account earning 11 perce
sukhopar [10]

Answer:

$35,200

Explanation:

Given that

Invested amount = $320,000

Rate of interest = 11%

So by considering the above information, the amount of annual scholarship that can be given from this investment is  

= Invested amount × Rate of interest

= $110,000 × 11%

= $35,200

By multiplying the invested amount with the rate of interest we can find out the annual scholarship amount

4 0
3 years ago
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