1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-BARSIC- [3]
2 years ago
8

Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inven

tory costs?
a. First - in, first - out
b. specific identification
c. weighted - average
d. last-in, first-out
Business
1 answer:
ziro4ka [17]2 years ago
4 0

Answer:

d

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

If the LIFO method is used, the goods sold would be the more expensive ones while the ending inventory would consist of older inventories that are cheaper

For example, the following inventory were bought :

Jan 1 5 units of metals at $200

Jan 2 5 units of metals at $250

5 units are sold

If the LIFO method is used, the ending inventory would be the 5 units of metals purchased in jan 1 at $200

You might be interested in
5.ABC Company is planning to market a new model of product X. The management
Vladimir [108]

Answer:

Que

Explanation:

Que

7 0
3 years ago
Changes in the economic, political, legal, and technological global system that may affect an organization are ______ forces. Fo
ioda

Answer:

International Forces

Explanation:

These are international forces which are part of the organization environment in which the organization grows. These rapidly the companies the way it trades in the national and international environment. What do you think if till today a company is still manufacturing ambassador car with the same old technology, will you buy? Of course not because its speed is below 72mph and that it is very uncomfortable and also that young generation don't like it. Furthermore these are the things which are present in the organization environment and need to be tackled by the company by enhancement in its processes and adopting to change. In cold wear dresses that keeps you body temperature in control.

7 0
3 years ago
Five consumers have the following marginal utilities of apples and pears: Consumer Marginal Utility of Apples Marginal Utility o
Leokris [45]

Answer:

Options C and E

Only Nick and Jake are optimising over his choice of fruit?

Explanation:

The marginal utility obtained from the purchase of a product is the amount of satisfaction derived from purchasing an additional unit of the product.

The utility is maximised when the satisfaction in terms of marginal utilities obtained from each product is equal to each other.

We obtain this simply by dividing the marginal utilities for each fruit by their price, and comparing them.

Dmitiri:

Apples: 8/1 =8

Pears: 10/2 =5

8/1 is not equals to 10/2

Frances:

Apples: 7/1 =7

Pears: 16/2 =8

7 is not equals to 8

Jake:

Apples: 6/1 =6

Pears: 12/2 =6

The marginal utility is equal hence Jake's choice is optimal

Latasha:

Apples: 5/1 =9

Pears: 9/2 =4.5

9 is not equals to 4.5

Nick:

Apples: 4/1 =4

Pears: 8/2 =4

The marginal utility is equal hence Nick's choice is optimal

5 0
3 years ago
PLEASE HELP
erma4kov [3.2K]
A I believe is the correct answer
8 0
2 years ago
Lisa's opportunity cost rate is 10 percent compounded annually. How much must she deposit in an account today if she wants to re
Goryan [66]

Answer:

Present value = $21,804 (approx)

Explanation:

Given:

Periodic payment = $3,200

Number of period = 12

Interest rate = 10% = 10/100 = 0.1

Present value = ?

Computation of Present value:

Present\ value = PMT[\frac{1-(1+r)^{-n}}{r} ]\\\\Present\ value = 3,200[\frac{1-(1+0.1)^{-12}}{0.1} ]\\\\Present\ value = 3,200[\frac{1-(1.1)^{-12}}{0.1} ]\\\\Present\ value = 3,200[\frac{1-0.318630818}{0.1} ]\\\\Present\ value = 3,200[\frac{0.681369182}{0.1} ]\\\\Present\ value = 21,803.6188

Present value = $21,804 (approx)

8 0
3 years ago
Other questions:
  • to have demand, what must you have a) a desire for the item. b) the ability to pay for the item. c) the desire and the ability t
    11·1 answer
  • Francis interviews two candidates for an administrative assistant position that will require a fair amount of project management
    12·1 answer
  • On October 1, the accounts receivable account balance was $115,020. During October, $449,350 was collected from customers on acc
    8·1 answer
  • Jimland's government has severe restrictions toward the entry of foreign companies into the country. A foreign company intereste
    5·1 answer
  • Kieso Company borrowed $630,000 for five months. The annual interest rate on the loan was 12%. Kieso's fiscal year ends on Decem
    5·1 answer
  • From a customer service perspective, one of the four important characteristics for global market and strategy is technology comp
    14·1 answer
  • Which of the following is FALSE regarding the difference between debt and common stock? A. Equity is ownership in a firm but deb
    5·1 answer
  • 416,000 people each receive an average refund of $3,600, based on an interest rate of 3 percent, what would be the lost annual i
    6·1 answer
  • An externality is an unwarranted cost or benefit that affects...
    6·1 answer
  • An industry consists of three firms with sales of $300,000, $700,000, and $250,000. a. Calculate the Herfindahl-Hirschman index
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!