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Rashid [163]
3 years ago
12

Operating income can differ materially between the results for the weighted-average and FIFO methods when:

Business
2 answers:
gregori [183]3 years ago
5 0

Answer:

d) Both of these answers are correct.

Explanation:

Base on the scenario been described in the question, Operating income can differ materially between the results for the weighted-average and FIFO methods when the physical inventory levels of work in process are large relative to the total number of units transferred out and direct materials or conversion costs per unit vary significantly from period to period.

Scrat [10]3 years ago
5 0

Answer:

The answer is d .Both of the options a and b are correct

When the direct materials or conversion costs per unit vary significantly from period to period and the physical inventory levels of work in process are large relative to the total number of units transferred out using both methods ,the operating income will vary

Explanation:

Weighted average method Calculates cost per equivalent unit of all work done to date not considering the accounting period and assigns this cost to equivalent units completed and transferred out of the process and to equivalent units in ending work-in-process inventory.

Fifo ..First in first out

Assigns the cost of equivalent units worked on during the current period first to complete beginning inventory, next to start and complete new units, and finally to units in ending work-in-process inventory.

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Answer:

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Explanation:

For the problem above, the two organizations agreed to work on a particular project because they believed that they will benefit from the outcome of the project. Based on the available information provided in the question, the profit that Lopes will make yearly will increase by $2.0 million while that of HomeMax will increase by $2.5 million.

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In December 2014, Todd, a cash basis taxpayer, paid $1,200 fire insurance for the calendar year 2015 on a building he held for r
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Answer:

WHO guidelines

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Explanation:

WHO guidelines

The development of global guidelines ensuring the appropriate use of evidence represents one of the core functions of WHO.

A WHO guideline is defined broadly as any information product developed by WHO that contains recommendations for clinical practice or public health policy. Recommendations are statements designed to help end-users make informed decisions on whether, when and how to undertake specific actions such as clinical interventions, diagnostic tests or public health measures, with the aim of achieving the best possible individual or collective health outcomes.

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