Answer:
$66,700
b. LIFO = $70800
67807.81
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
(8130 x 8) + [(9090 - 8130) x 6) = 70800
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
(3010 x 6) + [(9090 - 3010) x $8] = 66,700
Average cost = [(3010 x 6) + (8130 x 8)] /
18060
48640
b 65040
5760
Answer:
he is not
Explanation:
This is being justified by the corruption that is happening in the SAA without his consultation
A Non-profit organization survives off of donations, they don't charge anything for their services.
A cooperative organization I believe charges for it's services.
Decision-making problems that could occur when using absorption costing include inappropriate __<u>pricing</u>____ decisions, and decisions made to ___<u>drop</u>___ products that are, in fact, profitable.
<h3>What is absorption costing?</h3>
Absorption costing is the costing method that includes both direct and indirect costs in the costs of a product.
It is the opposite of variable or marginal costing, which takes into account only the direct costs in determining the product cost.
Thus, the decision-making problems with absorption costing include <u>pricing</u> decisions and decisions involving whether to <u>drop</u> profitable products.
Learn more about absorption costing at brainly.com/question/26276034