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Viefleur [7K]
2 years ago
9

In the cost reconciliation report under the FIFO method, the costs to be accounted for equals the cost of beginning work in proc

ess inventory plus the cost of units transferred out.
a. True
b. False
Business
1 answer:
RSB [31]2 years ago
4 0

Answer:

Cost Reconciliation Report under FIFO Method:

The costs to be accounted for equals the cost of beginning work in process inventory plus the cost of units transferred out.

b. False

Explanation:

Instead, the costs to be accounted for under the FIFO method in the cost reconciliation report are equal to the cost of the beginning work in process inventory plus the cost of units started and completed during the period.  It is under the weighted-average method that the costs to be accounted for in the cost reconciliation report equal the cost of beginning work in process inventory plus the cost of units transferred out.

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Answer:

the total cost of the new equipment is $105,500

Explanation:

The computation of the total cost of the new equipment is given below:

Total cost of the new equipment is

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3 years ago
I visited the pet store last week and found two kinds of pets for sale: rabbits for $5 and parakeets for $9. If I had $14 to spe
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Answer:

$31

Explanation:

Starting from number 25, number 26 is a possibility, but then you get number 31 which is larger. Then the following numbers all show a possible combination:

<u> N°        9's                 5's </u>

25       0                    5

26

27       3                    0

28       2                    2

29       1                     4

30       0                    6

31        -                    -

32       3                   1

33       2                   3

34       1                    5

35       0                   7

36       4                   0

37       3                   2

38       2                   4

39       1                   6

40       0                  8

41        4                  1

42       3                  3

43       2                  5

44       1                   7

45       0                  9

A pattern starts to show 35-39 ; 40-44 and so on.

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