Answer:
A. $1,517,648 thousand
Explanation:
The computation of the cost of goods sold using the FIFO method is shown below:
= Cost of goods sold under LIFO - (Ending LIFO reserves - Beginning LIFO reserves)
= $1,517,397 - ($4,345 - $4,094)
= $1,517,648
We simply applied the above formula so that the cost of goods sold using the FIFO method could come
All other information i.e given is not relevant. Hence, ignored it 
 
        
             
        
        
        
Answer:
 B. The results are objective. 
Explanation:
Thei return with the information that customer demand for quality in their dinner weren't met.
When the customer order something it is a plate it likes therefore, it should not return the order. If it does then, the restaurant is not doing a good job in the quality department.
It should check now for either decrease in their quality or adapt into the customers preference change 
 
        
                    
             
        
        
        
Answer and Explanation:
The computation of the asset turnover for all three companies is as follows:
<u>Particulars        YRC            UNP                CH
</u>
Sales                4697500    19941000          13144413
Divided by
Average 
total assets     1824700       55159000          3436058
Assets turnover  2.6                0.4                    3.8
 
        
             
        
        
        
Answer:
option (C) 32,750 hours
Explanation:
Data provided in the question:
Actual manufacturing overhead cost = $250,000
Overapplied overhead = $12,000
Predetermined overhead rate = $8.00 per direct labor-hour
Now,
The total Manufacturing Overhead applied last year 
= Actual manufacturing overhead cost + Overapplied overhead
=  $250,000 + $12,000
= $262,000
Therefore,
Direct Labor Hours worked last year =  
or
=   
= 32,750 hours
Hence,
The correct answer is option (C) 32,750 hours
 
        
             
        
        
        
Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale. 
Cheers.