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Dimas [21]
3 years ago
13

During a period of consistently rising prices, the method of inventory that will result in reporting the greatest cost of mercha

ndise sold is a.first-in, first-out b.average cost c.last-in, first-out d.weighted average
Business
1 answer:
poizon [28]3 years ago
3 0

Answer:

c. Last-In, First-Out. (FIFO)

Explanation:

Under FIFO method of Inventory, we assume that the recently purchase goods are sold first. During a period of consistently rising prices, the recently purchased goods will have a greater cost.

Thanks!

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Vivian goes to an auction and sees a rare antique lamp that is an identical match to one she already has. At the proper time she
Verdich [7]

Answer:

Most auctions are without reserve and therefore the auctioneer cannot withdraw the lamp.                        

Explanation:

Every auction seems to be either "of-reserve" versus "without-reserve." So the reaction to whether an auction house manages higher bids depends on that form of bidding being carried out. In an offering with reserves, the auction house may reject a higher offer (retain the privilege to reject ...) in which any better bid should be approved in an offering without deposit.

Put differently, the auction house is not obliged to deliver to the top purchaser in a with reserved sale. Essentially, the next bigger raise reflects the minimum price.

6 0
3 years ago
What are mutual funds are
lana [24]

Answer:

Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".

3 0
3 years ago
The American Red Cross creates advertisements to encourage people to donate blood. After viewing one, Amanda decided to donate a
agasfer [191]

Answer:

The answer is: Yes, an exchange was made.

Explanation:

In marketing, an exchange happens every time two or more entities (people. organizations or businesses) trade products or services. Each trade should result in a utility created for each party involved. In other words, what you get in exchange is worth more (at least for you) than what you give.

In Amanda's case, an exchange is made because she donated blood and received a feeling of satisfaction and happiness in exchange.

4 0
3 years ago
How much manufacturing overhead was incurred during the​ year? Is manufacturing overhead underallocated or overallocated at the
professor190 [17]

Answer:

1. Overhead incurred during the year;

= Depreciation on manufacturing plant and equipment + Property taxes on plant + Plant Janitors wages

= 485,000 + 19,000 + 9,500

= $513,500

2. The under or over allocation depends on how much manufacturing overhead was allocated to jobs for the year.

= Actual machine hours * Overhead rate

Overhead rate = Manufacturing overhead cost / Allocated Machine hours

= 570,000 / 71,250

= $8

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The allocated manufacturing overhead is more than the actual overhead. This means that it is Underallocated and the company did not budget enough for the overheads.

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= $57,500

6 0
3 years ago
Itil considers the _____ responsible for handling service requests and communications with customers.
SashulF [63]

ITIL considers the service desk responsible for handling service requests and communications with customers.

Communication (from Latin: communicate, meaning "to share" or "to associate is defined as "the self and the other, the private and the public, the inner thoughts and [4] this As the definition suggests, communication is difficult to define in a uniform way because in general terms

communication refers to a very wide range of different actions involved in the dissemination of information. [7] John Peters argues that the difficulty in defining communication is that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. claim to be based on facts.

Learn more about communications here: brainly.com/question/25645043

#SPJ4

5 0
1 year ago
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