Answer:
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
Explanation:
First determine the units sold
Units Sold = Total Purchases - Units in hand
= 1,410 units - 270 units
= 1,140
Note ; Wildhorse Co. uses a periodic inventory system. This means we calculate the cost at the end of the period.
FIFO
Means First in First Out
Cost of the ending inventory = 270 x $9.00 = $2,430
LIFO
Means Last in First Out
Cost of the ending inventory = 270 x $6.00 = $1,620
Conclusion
The cost of the ending inventory under FIFO is $2,430 and under LIFO is $1,620
I think the most appropriate answer would be B.
I hope it helped you!
The answer is false. "Developing and promoting environmentally-sound products and practices to gain a competitive edge" is a definition of Green Marketing. A double bottom line is an indicator which used by a company in order to measure its financial performance and its social responsibility<span>. Conclusion: it is a false definition.</span>
Answer: Heavy expenditures on marketing and advertising
Explanation:
The fact that a business does marketing or advertising is not a guarantee that business will follow suit immediately, business owners have to understand that marketing and advertising is a long term trend when purchaser's become loyal shoppers. Nasty Gal's swift growth was propelled by heavy expenditures on advertising and marketing.
