When identical units of an item are purchased at different costs: <span>an inventory cost flow method must be used under both a perpetual and a periodic inventory system.
A perpetual inventory system will update your inventory on hand after each sale or purchase of inventory is made. A periodic inventory system is updated periodically, meaning, a company will give a time period they would like their sales and purchases to update in and the system will perform that. Both systems are great for a business but it's their option of how they are generated.
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The amount in interest is specified in the policy and compounds annually
<span>Raoul is an illiterate who does not have proper skills for any job. As a result, he is unable to find permanent employment. As a last resort, Raoul starts a diner in his home to earn a regular income for his family. In the given scenario, Raoul most likely started the diner because it offered an income for his family using skills that he possesses. Since Raoul is not able to stand apart from competition when it comes to everyday jobs, Raoul needed to find a way to earn income for his family. Motivated to do so, Raoul put is skills to work and developed a way to make it happen for his family. </span>
Answer:
Inventory= $3,240
Explanation:
Giving the following information:
They made the following purchases during August:
August 01: 300 units $1,560 total cost
August 12: 400 units 2,340 total cost
August 24: 400 units 2,520 total cost (2520/400= $6.3)
August 30: 300 units 1,980 total cost (1980/300= $6.6)
A physical count on August 31 reveals that there are 500 units on hand.
FIFO (first-in, first-out)
Inventory= 300*6.6 + 200*6.3= $3,240
Answer:
system administrators
Explanation:
System administrators -
It refers to the people , who are incharge to maintain the IT infrastructure of the company , is referred to as system administrators.
The person play an important role in order to maintain the system.
Hence , from the given information of the question,
The correct term is system administrators .