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agasfer [191]
3 years ago
13

A consistent application of an inventory costing method enhances

Business
1 answer:
ICE Princess25 [194]3 years ago
4 0

C. Comparability.<span> A consistent application of an inventory costing method enhances comparability. Consistency enhances comparability because it enables investors and other end users of the financial statements to compare and understand the financial reports over the periods. The company should disclose the nature, reasons and effects of the change in the Notes to the Financial Statements if there is a change of accounting method for inventory costing to improve financial reporting.</span>

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A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the
kogti [31]

Answer and Explanation:

The computation is shown below:

The revenue earned by team for each game is

= $10 + 50% of $8

= $10 + 4

= $14

Now the revenue for each session is

= $14 × 30 PEOPLE × 6 games

= $2,520

The total cost would be

= $100 × 3 + $1,000 × 3

= $300 + $3,000

= $3,300

And, the team would finished the season for profit of

= Revenue - cost

= $2,520 - $3,300

= $780 loss

6 0
2 years ago
Describe how you can prepare yourself to become an effective manager in the areas of communication, collaboration, and cultural
NISA [10]
In my term i would say communication is truly the best key of all basically communications makes you understand certain prospectives and gets you to places  and helps you with others.
6 0
3 years ago
Which of the following assists companies in raising capital, advise firms on major transactions such as mergers or financial res
o-na [289]

Answer:

Investment banks.

Explanation:

Investment banking is the financial service described in the paragraph, could be a company or a division of it, dedicate it to give advisory about financial transactions, raising capital, even-though restructuring and mergers activities.

6 0
3 years ago
Customer service, with respect to inventory management, means:
horsena [70]

Answer:

c) whether the product is available when the customer wants it.

Explanation:

Inventory management refers to maintaining adequate levels of products with the goal of keeping the costs low. However, how the inventory is managed has an important effect in customer service because you need to have a good level of inventory that allows you to keep the customer happy by having the products available when they want them.

3 0
3 years ago
On October 1, 2021, Chief Corporation declared and issued a 10% stock dividend. Before this date, Chief had 80,000 shares of $5
Komok [63]

Answer:

Decrease by $80,000

Explanation:

The journal entries are shown below;

Retained earning Dr $80,000              (8,000 shares × $10)

      To Common stock $40,000                         (8,000 shares × $5)

      To Paid in capital in excess of par $40,000                    (8,000 shares × $5)

(Being the retained earning is recorded)

So by passing this journal entry we get to know that the retained earning will decreases by $80,000

8 0
3 years ago
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