Answer:
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Answer:
An organism that gets its energy by eating plants or animals or An organism that forms the base of the food chain.
Explanation:
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The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.
<h3>
How is the cost of discontinuing inventory calculated?</h3>
- The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
- In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
- The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
- Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.
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Objectivist Epistemology is a college of thinking that states the real world is independent of the individual conscious mind.
<h3>What is Objectivist Epistemology?</h3>
Objectivist Epistemology is a branch of epistemology aimed at understanding the real validity of natural phenomena beyond the human conscious mind.
Objectivist Epistemology and critical thinking are analyzed by Ayn Rand in the authored book 'Introduction to Objectivist Epistemology'.
In conclusion, Objectivist Epistemology is a college of thinking that states the real world is independent of the individual conscious mind.
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