Business, 13.03.2020 22:52 zaheema786ovxirt
Weiss Company purchased two identical inventory items. The first purchase cost $30 and the second cost $32. When the Company sold one of the items for $40, it expensed $30 to its cost of goods sold account. Based on this information which of the following cost flow methods is the company using?a) FIFOb) LIFOc) Weighted average
d) NIFO
Answers: 2
Another question on Business
Business, 21.06.2019 22:20
On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is
Answers: 1
Business, 22.06.2019 09:20
Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.
Answers: 2
Business, 22.06.2019 15:30
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
Answers: 1
Business, 23.06.2019 00:00
How much is a 2019 tesla? ? exact price trying to buy for my 6 year old sister
Answers: 2
You know the right answer?
Weiss Company purchased two identical inventory items. The first purchase cost $30 and the second co...
Questions
English, 15.07.2019 12:30
Mathematics, 15.07.2019 12:30
Business, 15.07.2019 12:30
Computers and Technology, 15.07.2019 12:30
Mathematics, 15.07.2019 12:30
