Answer:
the cost of goods sold to be recorded at January 14 is: $230 .
Explanation:
LIFO (Last in First out) method, assumes that the last goods purchased are the <em>first ones</em> to be issued to the final customer.
This means that valuation of inventory will begin using the value of the <em>earliest</em> goods purchased.
The Cost of goods sold is calculated as follows :
Cost of goods sold : 9 units × $14 = $126
13 units × $8 = $104
Total = $230
Answer:
The overview of the problem is listed throughout the section below on explanation.
Explanation:
The Journal entry is given below:
<u>No Transaction General journal Debit($) Credit($)</u>
1 1 Overhead of factory 120000
Some other accounts 120000
2 2 Process inventory's work 185500
Overhead of a factory 185500
The period of time that is requested for inspection and review of education records, according to federal law is 45 days.
<h3>What is an education records review?</h3>
This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.
According to federal law, when the request is received, the records must be provided within 45 days.
Read more on education records here: brainly.com/question/24911873
Answer:
B. A loan that is repaid in equal monthly payments for a specific period of time, usually several years.
C. A loan where you have to promise to give the bank your assets if you do not repay the loan.
Explanation:
A Consumer installment loan is also known as a closed end credit. It is a form of loan whereby the consumers are expected to pay back in a regular manner usually monthly over a period of time which could span between one to about forty years.
The loan is given based on how credit worthy the consumer is. Failure to pay back the loan after the stipulated time frame would result to the seizure of the consumer's property or assets by the lending institution. The lending institution could be a bank. A mortgage loan, and a car loan are examples of consumer installment loans.
