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Alla [95]
3 years ago
15

All production costs have been steadily rising at Donner Company for several periods. In this environment, Donner Company’s cost

of ending Work In Process inventory using the FIFO method would be: a. the same as that computed under the weighted average method. b. higher than that computed under the weighted average method. c. lower than that computed under the weighted average method.
Business
1 answer:
yKpoI14uk [10]3 years ago
5 0

Answer:

b. higher than that computed under the weighted average method.

Explanation:

FIFO uses inventory evaluation such that the ending inventory cosists of the most recent purchases. Therefore the ending inventory consists of only the highest priced units.

The weighted average method uses process in which all the units have been uniformly valued. Therefore the weighted average ending inventory consists of units priced lower than the FIFO ending inventory during constantly rising prices.

The weighted average inventory would consist of both low priced and high priced units that are averaged which automatically is lower than the most recent high priced units.

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At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5
Yakvenalex [24]

Answer:

0.0084

Explanation:

For this probability problem, we will have to make use of the normal probability distribution table.

to use the table, we will have to compute a certain value

z = (x- mean) /Standard deviation

z = \frac{(10 - 5.7)}{1.8} = 2.39

Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.

<em>To do this, on the  "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>

This gives us 0.99916

Thus we have P (Z < 2.39) = 0.9916

We subtract the value obtained from the table from 1 to get the probability required.

1 - 0.9916 = 0.0084

The Probability that the employee has worked at the store for over 10 years = 0.0084

4 0
3 years ago
Salespeople selling in foreign markets should tailor their presentations and closing styles to each market.​
Rasek [7]

The best answer to this question would be (A) True.

This is because culture will impact how your potential customers view your product. Even in the same country, different approaches should be used if the cultural divide is too vast between one area to the other.

An approach that works, for example, for urban customers in New York City, might not work with another set of urban customers based in Tokyo. Recognizing what works for each market means that you will be able to reap the best outcome possible from all of them.

3 0
3 years ago
Which of the following are risks that Banks must prepare for select 3 answers <br><br>​
n200080 [17]

Answer:

I think one is borrowers who don't pay back

Then I think that interest rates falling is also one

These are the only ones I can think of. hope they help

7 0
3 years ago
How does the FDIC monitor banks?
Lynna [10]

FDIC monitor banks by analyzing Call Report data and examination findings relative to the emerging trends.

The FDIC monitor banks to ensure that they are operating within the bounds of the law and are not engaging in any illegal or unsafe practices. They also work to ensure that banks are providing customers with the best possible service and are protecting their deposits

If the FDIC finds that a bank is not meeting these standards, they will take action to correct the situation. As a result, the FDIC has a better understanding of the risks that banks face and is better equipped to protect consumers from financial fraud.

To know more about banks, click here.

brainly.com/question/14042269

#SPJ4

7 0
1 year ago
What function of the management process is used to monitor and ensure the organization is meeting its​ goals? A. Controlling B.
Andrews [41]

Answer: Controlling

Explanation:

Controlling is a management process which involves comparing the outcome of an organization's processes to the targets set for those processes beforehand, and taking corrective measures in case the outcome is deviating from the set targets. For example, a manager of a business running at a loss, can identify the cause of the loss and find ways of correcting the negative outcome.

5 0
3 years ago
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