The option that isn't true of economic order quantity is C. The EOQ ignores inventory reorder costs and inventory carrying costs.
<h3>What is economic order quantity?</h3>
It should be noted that economic order quantity means an inventory technique that is used to make effective and efficient decisions.
In this case, the option that isn't true of economic order quantity is that the EOQ ignores inventory reorder costs and inventory carrying costs.
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Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
<h3>
What is aided recall?</h3>
Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
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Answer:
B. A large number of very large and small banks
I think
Answer:
$1,375
Explanation:
Given the information above, the Ending inventory = Units available - Units sold
Units available = 10 + 25 + 30 + 70 = 80
Units sold = 60
Ending inventory = 80 - 60
Ending inventory = 20
Cost of ending inventory under FIFO
= (15 × $70) + (20 - 15) × $65
= $1,050 + $325
= $1,375
Therefore, the ending inventory cost using FIFO is $1,375
