FIFO inventory costing method generally results in the most recent costs being assigned to ending inventory.
Inventory costing also referred to as stock cost accounting is when groups assign expenses to merchandise. these fees additionally consist of incidental costs consisting of the garage, management, and market fluctuation.
Stock price control has many aspects, such as financing, device, labor, shielding measures, coverage, handling, obsolescence, losses via pilferage, and the possible value of selecting to deal with an inventory. these elements all integrate to create the full price of conserving inventory costs.
The inventory cost method consists of starting stock cost, ending inventory cost, and purchase expenses over a fixed time period. more succinctly, it seems like: stock cost = [beginning inventory + inventory purchases] - finishing stock.
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Answer:
The annual rent is $42,620
Explanation:
The computation of annual rent is shown below:
= Annual rent + (rate × gross sales)
where,
The annual rent is
= Monthly rent × total number of months in a year
= $2,800 × 12
= $33,600
The rate is 4%
The excess gross sales is computed by
= Annual gross sales - gross sales
= $725,500 - $500,000
= $225,500
Now put these values to the above formula
So, the answer would be equal to
= $33,600 + (4% × $225,500)
= $33,600 + $9,020
= $42,620
Hence, the annual rent is $42,620
"Financial Manager" would most likely require a college degree.
Financial managers are in charge of the money related well-being of an association. A four year degree in finance (bachelor), bookkeeping, financial aspects, or business organization is usually the least qualification required for Financial managers. However, numerous businesses currently look for individuals with a master degree, ideally in business studies, finance etc.
Practice working with others even if you don't fell comfortable with this person, or necessarily like them at all.
It would be best presented as <span>movement from inside the PPF onto the PPF
The curve of </span>The production possibility frontier (<span>PPF) will show the curve that project/depict the possibilities for maximum output possibilities for two different goods. The projection that shown by the PPF is created with the assumptions that all resources are used efficiently.</span>
