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4 years ago

The specific identification method of costing inventories is used when the

Business

2 answers:

Zolol [24]4 years ago

5 0

Answer:

Explanation: The specific identification method of costing inventories is used when finding out the cost of the ending inventory.

This method is used to identify when an item is bought and sold and what items are remaining in the store and how to allocate the cost price of item bought at a particular point in time. This is mainly useful when cal calculating the ending inventory.

Bumek [7]4 years ago

3 0

Answer:

company sells a limited quantity of high-unit cost items

Explanation:

Specific identification is a method of finding out ending inventory cost and requires detailed physical count in order for that company to know how exactly many of each goods that was brought on specific dates remained at year end inventor.

Specific identification inventory valuation can be used when a company sells a limited quantity of high-unit cost items. It is often used for larger items such as furniture or vehicles. It is used for items that usually have widely differing features, and are of limited quality and have high costs associated with it distinguished features.

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You invested $30,000 in BOA, $20,000 in Best Buy, and $50,000 in Harley-Davidson for your portfolio. Betas are 1.8, 1.05 and 1.5

steposvetlana [31]

Answer:

Beta= 1.5

Explanation:

First, we need to calculate the proportional investment of each asset:

Total investment= $100,000

BOA= 30,000/100,000= 0.3

Best Buy= 20,000/100,000= 0.2

Harley-Davidson= 50,000/100,000= 0.5

To calculate the beta of the portfolio, we need to use the following formula:

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)...

Beta= (0.3*1.8) + (0.2*1.05) + (0.5*1.5)

Beta= 1.5

4 0

3 years ago

Suppose a hypothetical economy is currently in a situation of deficient aggregate demand of $16 billion. Four economists agree t

GarryVolchara [31]

Answer:

Economist A

Government spending multiplier $4billion

Tax multiplier $8billion

Economist B

Government spending multiplier $8billion

Tax multiplier $2billion

Explanation:

Computation for the amount the government would have to increase spending to close the output gap according to each economist's belief

ECONOMIST A

Government spending multiplier=16/4

Government spending multiplier=$4billion

Tax multiplier=16/2

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=16/2

Government spending multiplier=$8billion

Tax multiplier=16/8

Tax multiplier=$2billion

Therefore the amount the government would have to increase spending to close the output gap according to each economist's belief are :

ECONOMIST A

Government spending multiplier=$4billion

Tax multiplier=$8billion

ECONOMIST B

Government spending multiplier=$8billion

Tax multiplier=$2billion

5 0

3 years ago

Which services are bannks most liikly to offer

gregori [183]

Answer:

checking accounts, saving accounts, certificates of deposit, and loans.

Explanation:

4 0

3 years ago

_____ benefit(s) from large economies of scale, in which the costs of goods decrease as output increases. natural monopolies per

adelina 88 [10]

Natural monopolies benefit from large economies of scale, in which the costs of goods decrease as output increases.
A natural monopoly is a distinct type of monopoly that may arise when there are extremely high fixed costs of distribution, such as exist when large-scale infrastructure is required to ensure supply.

8 0

3 years ago

According to most economists, is it a serious shortcoming of GDP that it does not count household production or production in t

Ghella [55]

<h2>No. "Household production" does not contribute much to the GDP.</h2>

Explanation:

To arrive at the reason, first we need to understand the term "GDP" and "shortcoming"

Shortcoming means failure to meet certain expectations.

GDP: It is the snapshot of the economy which speaks about the production in certain period.

Since the household production does not come under market transaction and since GDP involves only market transaction, household production cannot be considered and thus it is not a serious reason for shortcoming of GDP.

5 0

3 years ago