Answer:
$2,468,000
Explanation:
LIFO reserve = “Allowance to Reduce Inventory to LIFO” = the difference between the inventory method used for internal reporting purposes and LIFO.
LIFO effect = the change in the Allowance balance from one period to the next = the adjustment that companies must make to the accounting records.
Dr Cost of Goods Sold $168,000
($486,000- $318,000)
Cr Allowance to Reduce Inventory to LIFO $168,000
$2,300,000 +$168,000 =$2,468,000
Therefore the amount that Bramble should report as Cost of Goods Sold in the 2018 income statement is $2,468,000
Answer:
$112,530
Explanation:
Cost Allocated to Building = ($330,000 + $11,000) × [$115,500/($115,500 + $49,000 + $185,500)] = $112,530
police officers are part of it all, its true
Answer:
The answer is A.) Recognized in the current period, regardless of whether the percentage-of-completion or completed contract method is employed.
Explanation:
The long -run cost function can be estimated using either time-series cost-output data collected on a plant (or firm) whose size has been variable over time, or cross-sectional cost-output dasta collected on a sample of plants,(firms) of different sizes at a particular point on time.
In the question, what do you mean by "g"?