Answer:
a) Accumulating and then assigning costs
Explanation:
A cost system is a system put in place by management to monitor costs incurred by an entity or cost object. A cost system is a combination of related subsystems which monitors, control and report costs information. In determining the cost of an object a cost system accumulates costs before assigning to cost units.
Answer:
COGS= $81,770
Explanation:
Giving the following information:
Beginning inventory= 477 units that cost $65 each.
Purchases:
715 units at $68 each
364 units at $70 each.
Units sold= 1,197
<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
COGS= 364*70 + 715*68 + 118*65
COGS= $81,770
Answer:
The competitive advantage of the countries producing goods and services
Explanation:
The countries have advantage when they produce some goods, some countries try to specialize in the produccion certain goods, because they have climate, or ather advantage. There is also some taxes that increases the price of the imported goods, because they are cheaper than the same product that is produced locally, and the goverment protect with the tax the local producers that have a higher cost and do not have advantages, that is why the price is higher in Marina´s country.
The policy document provides guidelines to promote information sharing is DoD Manual 5200.01, Volumes 1 and 2
<h3>What is information sharing?</h3>
The policy that promote information sharing, certain guidelines must be followed in DoD Manual 5200.01, Volumes 1 and 2, when classifying and marking information.
The DoD Manual does the following:
- Provides guidance for the correct marking of information.
- Promote information sharing.
- Facilitate judicious use of resources.
Therefore, the policy document that provides guidelines to promote information sharing is contained in the DoD Manual 5200.01, Volumes 1 and 2
Learn more about information sharing here : brainly.com/question/24468230
Answer:
The correct answer is B
Explanation:
Liquidity is the term which is described as the degree to which the asset or the security of the business could be easily and quickly sold and bought in the market at the price which is reflecting its intrinsic value.
In short, it is defined as the how easily and quickly the asset can be converted into cash or into a medium of exchange in the market.