1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lena [83]
4 years ago
14

The inventory valuation method that identifies each item in ending inventory with a specific purchase and invoice is the:

Business
1 answer:
scoray [572]4 years ago
8 0

Answer:

d. Specific identification method.

Explanation:

The specific indentification method relies on the specific categorization of the ending inventory, by attaching the date or purchase and the exact cost to every item of the ending inventory.

As it can be seen, the method is very accurate, because it can give the real value of ending inventory at the end of the year. However, it is also very time-consuming and difficult to keep up with, and for this reason most companies only use this method for items that are valuable, or that can be easily categorized in a specific date and price.

Most companies use other inventory valuation methods like LIFO, FIFO, and weighted average.

You might be interested in
In what order are the feature, advantage, and benefit presented in the following statement? "This television's solid-state desig
Salsk061 [2.6K]

Answer: feature, Advantage and benefit

Explanation: FAB statement which is Feature, Advantage and Benefit is a marketing strategy tool that explains what a product or service, what it does, how it benefits a prospective client. The easiest thing to identify in a product is it's feature which are the characteristics about your products, and services. For example, This television's solid-state design represents the feature. Advantages means the edge your product or service has against other competitors eg

More vivid picture- Advantage

While Benefit represents what the client will achieve from the purchase of such good or service eg

that will make your television viewing more enjoyable--- Benefit.

Cheers!

3 0
3 years ago
Which is the most accurate definition of body language?
VladimirAG [237]

Answer:

nonverbal communication of a person's thoughts and attitudes

Explanation:

I think

5 0
3 years ago
When it comes to investments, does Boudreaux believe your age should dictate your risks?
Stella [2.4K]

Answer:

He believed that the risk appetite depends on every individual nature and hence has no correlation with the age of each individual.

Explanation:

Boudreaux because of his research conducted on the age and the risk appetite of each individual, depending upon the age concluded that there is no existence of any correlation between age and risk appetite. And that the risk appetite is natural thing in human behavior and is not influenced by their age.

6 0
4 years ago
A contractor must pay a $40,000 penalty if construction of an expensive home requires more than 16 weeks. He will receive a bonu
notka56 [123]

Answer:

It will expect to pay 545,000 dollars

Explanation:

We will calculate the probabilities:

outcome x probability

(40,000) x 0.2 = (8,000) penalty

10,000   x 0.3 = 3,000  bonus

         0    x 0.5 =       0  netiher

                         (5,000) expected

NOTE: the method will only work if the probabilities add up to one, so the remainder 0.5 will be assing to the timeframe within 8 ann 16 week on which there is no bonus or penalty.

list price: 550,000 + probability outcome: (5,000) = 545,000

6 0
3 years ago
Explain in brief about market development​
Westkost [7]

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Hart Manufacturing makes three products. Each product requires manufacturing operations in three departments: A, B, and C. The l
    6·1 answer
  • How do you plan to use financial statements in your projected financial statement analysis? Provide rationale for your approach.
    14·1 answer
  • By offering delivery of a large, heavy product, a company can improve the products for the consumer
    8·2 answers
  • You just made the last monthly payment on a 30 year mortgage -- the house is yours! In your joyous moment, you calculate how muc
    15·1 answer
  • Zang Co. manufacturers its products in a continuous process involving two departments, Machining and Assembly. Present entries t
    7·1 answer
  • True Tomato Inc. makes organic ketchup. To promote its products, this firm decided to make bottlesin the shape of tomatoes. To a
    15·1 answer
  • Suppose that real GDP per capita of the United States is $32,000 and its growth rate is 2% per year and that real GDP per capita
    15·1 answer
  • What is a broker?<br><br><br> Career Prep Edge
    9·1 answer
  • The annual master budget file includes the ______ from last year because it is needed for the schedule of expected cash collecti
    15·1 answer
  • What type of title insurance coverage protects the holder from damage due to a secret lien?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!