Answer:
If LIFO inventory at the end of 2016 would have been $80,000 higher using FIFO, it means that when using FIFO the cost of goods sold would have been 80,000 lower.
Which would mean that the reproted retained earnings would have been 1,750,000+ 80,000=1,830,000
Debit Credit
Inventory 80,000
Costs of good sold 80,000
Explanation:
Answer:
The correct answer is letter "B": total utility is cumulate and marginal utility is not.
Explanation:
While the total utility is the <em>aggregate result</em> of consuming goods or services representing the overall satisfaction those goods or services provided, the marginal utility refers only to the satisfaction provided by consuming one more good in regards to its cost.
Answer:
In addition to adjusting the schedule, Ben can adjust the __project team_____. For example, Ben can hire people on contract to reduce costs.
Explanation:
To reduce project costs, Ben can find cheaper resources to manage the project. Cheaper resources have their costs, though. Profit expectation from the project can also be reduced to accommodate more costs. Employing contract team for the project is another way of reducing the costs. Lack of commitment by the temporary workers needs to be taken into consideration when hiring people on a contract basis. The project's scope contributes to its costs. Therefore, Ben can reduce the scope as part of the efforts to minimize the project's costs.
Answer:
yes....when starting the business in capital it is cash and when paying in cheque it is bank
True.
A consumer is anyone who buys and consumes a product or service.