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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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Social responsibility is know as ______.
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Answer:

B. people and community

Explanation:

Social responsibility is known as people and community. In other words it refers to any and all responsibilities that you may have when being part of a community or society to make that community better. This involves a wide range of responsibilities or obligations such as volunteering, cooperating with others, ethical and moral choices, etc. Anything that benefits the larger structure that you are part of would be considered a social responsibility.

6 0
3 years ago
Abused children live in families of all socioeconomic levels, races, nationalities, and religious groups, although child abuse i
Digiron [165]

Answer:

The correct answer is lower-class nonwhite.

Explanation:

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To this socioeconomic class belong people with very low educational levels, barely with primary education and some with secondary education. Some casual or independent workers also enter this class. Lower class families do not have good basic services in their homes.

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3 years ago
some countries' governments do not put any limits on the purchase of foreign currency for residents and nonresidents. these coun
max2010maxim [7]

Some countries' governments do not put any limits on the purchase of foreign currency for residents and nonresidents. these countries have a freely convertible currency.

Currency is the unit of price of money that is agreed upon by the government and its people in a country. A country has its own currency, although there are several countries that have the same type of currency. For example, in Indonesia, the currency is Rupiah, while in Japan the currency is Yen. Meanwhile, countries that use the same currency include America, Ecuador, Cambodia, Panama, and the British Indian Ocean Region.

In addition, currency can also be defined as a medium of exchange for goods and services. The party or institution that has the absolute right to issue currency is the government and its central bank.

You can learn more about Currency here brainly.com/question/14372075

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4 0
1 year ago
Which calculation helps determine which producer has the absolute advantage? Resources used multiplied by amount produced
zalisa [80]

Answer

The calculation that helps to determine which producer has the absolute advantage is:

B. The amount produced divided by resources used

Explanation

Productivity is calculated by dividing the amount of output produced by the inputs used in its production process. The size of the output is divided by the resources used to produce the goods to determine the advantage/profit acquired in a business process.This will give the producers ultimate advantage as compared to number of time the bussiness will pay back.


7 0
3 years ago
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What type of diversity is being implemented if a company is using multiple security products from different manufacturers?
son4ous [18]

Answer: vendor diversity

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3 years ago
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