Answer:
$8,200
Explanation:
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.
So the cost of goods sold =
800 x $9 = $7200
100 × $10 = $1000
Total cost of goods sold = $7200+$1000 = $8,200
I hope my answer helps you
The enterprise systems improves the managers and companies performance by Integrating an internal business processes and link to external business partners.
<h3>What is an
enterprise planning resources?</h3>
This resource planning refers to the management and integration of business processes through a single system.
Hence, the systems improves the managers and companies performance by Integrating an internal business processes and link to external business partners.
Read more about enterprise system
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Answer:
There are number of trade barriers that increases the cost of imported goods which an economy thinks is necessary for the protection of its local firms or developing firms. These restriction includes administration workload, import duties, quotas, embargoes, ban on import on certain products, subsidies provided to local firms to compete foreign companies, etc. These all restrictions from the government has decreased the chances of entry of foreign firms.
This also effects the local firms who have started exporting their products and this sufferings are all because they have no control on cost if they buy machineries that costs them higher. This makes their product less competitive in the international markets.
