When purchase cost regularly rise the inventory costing method that use the highest reported net income is

Answers

Answer 1

The inventory costing approach that produces the largest reported net profitability while purchase costs are consistently rising is the FIFO method.

What does accounting's inventory technique entail?

Accountants eliminate their company's inventory costs and report them as the cost of goods sold for accounting valuation using an inventory cost flow assumption. These presumptions include FIFO, LIFO, and WAC as examples.

Thus,

The inventory costing approach that produces the largest reported net profitability while purchase costs are consistently rising is the FIFO method.

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Related Questions

What are the primary advantages to choosing a sole proprietorship?

Answers

The primary advantages to choosing a sole proprietorship is that there is no separate legal entity from the ownership.

What is sole proprietorship?

Asole proprietorship serves as a type of business which is been owned and controlled by single entity, in this type of business, there is no partnership.

In this type of business, the ownership is the same with the legal identity.

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Hyundai Motors is considering three sites—A, B, and C—at which to locate a factory to build its new-model automobile, the Hyundai Sport C150. The goal is to locate at a minimumcost site, where cost is measured by the annual fixed plus variable costs of production. Hyundai Motors has gathered the following data: ••• 8.18 SITE A B C ANNUALIZED FIXED COST $10,000,000 $20,000,000 $25,000,000 VARIABLE COST PER AUTO PRODUCED $2,500 $2,000 $1,000 The firm knows it will produce between 0 and 60,000 Sport C150s at the new plant each year, but, thus far, that is the extent of its knowledge about production plans. a) For what values of volume, V, of production, if any, is site C a recommended site? b) What volume indicates site A is optimal? c) Over what range of volume is site B optimal? Why?​

Answers

The volume of production that illustrates that site C is a recommended site is 10000 automobiles.

How to calculate the production?

The total cost of A will be:

= 2500x + 10000000

The total cost for B will be:

= 2000x + 20000000

The total cost for C will be:

= 1000x + 250000

The volume, V, of production, if site C is a recommended site. The value will be:

2500x + 10000000 = 1000x + 25000000

2500x - 1000x = 25000000 - 10000000

1500x = 15000000

x = 15000000/1500

x = 10000 automobiles

The volume indicates site A is optimal is also 10000 automobiles.

In conclusion, sure B would not be attractive at any volume of production as the costs will be higher than the cost of site A.

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Which of the following is most likely missing from your financial plan if you are not prepared for an emergency?
A. financing
b. a budget
C. investments
d. savings
Please select the best answer from the choices provided

Answers

i think it’s financing because that makes the most logical sense

Being a mason requires a five-year apprenticeship, a program that requires trainees to work for an experienced mason in order to learn the trade.

A. True
B. False

Answers

It is a false statement that to become a mason requires a five-year apprenticeship,

Who is a mason?

These are people that have some skills to carry out some of their responsibilities.

The profession is known as one uses that uses bricks, concrete blocks etc build structures such as walls, walkways, etc

The apprenticeship years for mason varies from people to people, therefore, it is a false statement.

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____ is an example of a high performance work practice

A. Increasing employee access to information
B. Selective decruitment
C. Skill-based compensation
D. Detailed job descriptions

Answers

Answer:

A

Explanation:

Increasing employee access to information

1
What is the point of including a subject line on an email message?
A.
to indicate what time the sender created the message
B.
to provide information on the content of the email
C.
so the email seems entertaining and fun
D.
so the person receiving the email knows how important the sender is
Reset
Next

Answers

Answer:

A

Explanation:

so that you can know who sent the message at what time

Here are the returns on two stocks.



Digital Cheese Executive Fruit
January +15 +8
February −4 +2
March +6 +7
April +8 +15
May −5 +3
June +4 +8
July −3 −4
August −9 −3


Required:

a-1. Calculate the variance and standard deviation of each stock.

a-2. Which stock is riskier if held on its own?
b. Now calculate the returns in each month of a portfolio that invests an equal amount each month in the two stocks.

c. Is the variance more or less than halfway between the variance of the two individual stocks?

Answers

Based on the returns on Digital Cheese and Executive Fruit, the variance and standard deviation of each stock is:

Variance:

Digital cheese = 56.8 Executive fruit = 34.8

Standard deviation:

Digital cheese = 7.5Executive fruit = 5.9

This means that Digital Cheese is riskier if held alone.

What are the variances and standard deviations of the stock?

Using a spreadsheet, one can order the given returns and then find the variance using mathematical functions.

When this is done, the variances on Digital cheese and Executive fruit would be 56.8 and 34.8 respectively.

You can then take the square roots of these variances to find the standard deviations as 7.5 and 5.9 respectively.

Because Digital Fruit has a higher standard deviation, it is considered to be riskier in terms of returns.

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which of thomas's generic action options for managing diversity is most illustrated in this case

Answers

Answer:

1)At the center of what makes us different from others is the fiber of our personalities. Although two people can have similar personality characteristics, it would be tough, if not impossible, to find two with the exact same personality.

2)internal dimensions of diversity that we are not able to change. These include our age, race, gender, and so forth.

3)external or secondary dimensions of diversity, includes personal characteristics that contain an element of control or choice, and they can be changed. EX: under the category of personal habits, an individual can be characterized as a night owl but

Which of the following activities are covered by OSHA's steel erection regulations?

A. Design, funding, and site planning
B. Hiring, planning, and construction
C. Construction, alteration, and repair
D. Compliance, regulation, and penalties

Answers

The activities are covered by OSHA's steel erection regulations include D. Compliance, regulation, and penalties.

What is OSHA?

It should be noted that OSHA simply means occupational safety and health administration.

In this case, the activities are covered by OSHA's steel erection regulations include Compliance, regulation, and penalties.

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PLEASE ANSWER FAST
When you choose a career, you’re looking for something that will help you develop as a person and do work that you love.

A. True
B. False

Answers

I believe it’s true and false cuz most of the time u Can’t get into the job that u wanted all the time but you can hope but I mean a job is a job

Why do economists pay attention to the balance of trade?

Answers

Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

Why is a balance of trade vital to the economy?

The Balance of trade plays a significant role in the calculation of the Gross Domestic Product of a country. As a part of GDP calculations, exports are brought and imports are subtracted from the total.

The more the change surplus, the more the GDP of a country.

Therefore, Economists use the BOT to analyze and measure the relative power of a country's economy. Hence, Economists pay special attention to the Balance of Trade.

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Based on the Americans with Disabilities Act, organizations may be deemed discriminatory to those with disabilities if they​

Answers

According to the Americans with Disabilities Act organizations may be deemed discriminatory to those with disabilities if they​ are biased with employment.

What are the Americans with Disabilities Act?

ADA for short is an act that protects the rights of persons living with disability in America, especially in Transportation, communication, employment, and access to government services.

The purpose of this act is to make everyone inclusive in all areas of society.

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QPD Corporation discovered financial information about its prime competitor which it used to its advantage. QPD did not obtain the information from any illegal source or through any illegal means. As discussed by the authors, which of the following disadvantages of having a corporate form of business is responsible for QPD’s knowledge of the details of its competitor’s financial situation?

Answers

Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.

What is cooperate business?

A cooperate business is a business that is owned and manage by group of individuals.

The members also use the product as well as the service.

Coporation gives members access to information which can be divulged to competitors by members.

Therefore, Corporation is the form of business that responsible for QPD’s knowledge of the details of its competitor’s financial situation.

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What is the relationship of accountability to responsibility?

Answers

Answer:

While responsibility refers to someone's duty to carry out a task to completion, accountability generally refers to what happens after something has happened. Accountability is therefore concerned with the consequences of someone's actions, rather than their initial duty to carry these actions out.

Which of the following is not part of the OSHA training requirements for construction workers?

A. Employers must teach employees to recognize and avoid unsafe conditions.
B. Employers must train employees required to handle or use poisons to handle and use them safely.
C. Employers must teach employees required to handle or use flammable liquids how to safely handle and use them.
D. Employers must teach employees how to clock in and clock out for payment purposes.

Answers

Answer:

B.

Explanation:

most construction workers dont handle poisons

What does it mean to have a negative savings rate?
A) Saving for something that is a want instead of a need
B) Having a fully funded emergency fund
C) Having no savings at all
D) Spending more money than you make and acquiring debt

Answers

Answer:

D). Spending more money than you make and acquiring debt

Jed sold 1,000 shares of ABC, a Canada-based corporation stock, and purchased 1,000 shares of XYZ, a U.S. corporation stock – both transactions were done through his broker. It sounds as though Jed bought these shares most likely through a _____.

A. foreign exchange market

B. money market

C. secondary market

D. risk management market

Answers

Answer:

A

Explanation:

The horizontal axis shows the quantity of U.S. dollars being traded in the foreign exchange market each day. The demand curve (D) for U.S. dollars intersects with the supply curve (S) of U.S. dollars at the equilibrium point (E)

WHO APPLIES B2C MARKETING?​

Answers

The everyday consumer as the target market is what ultimately differentiates B2C enterprises from business-to-business (B2B) companies, which, as the name suggests, focus on selling their wares to other companies.

Determine the contribution margin per machine hour for each model.
2. How many units of each model should the company produce? How much total
contribution margin does this mix produce per month?
3. Assume the maximum demand for the Standard model is 180 units (not 550 units).
How many units of each model should the company produce? How much total
contribution margin does this mix produce per month?

Answers

Based the selling price per unit and the contribution margin, the contribution margin per machine per hour is $105 for Standard and $42 for Delux.

The total number of units to be produced are 162 units for Standard and 0 units for Deluxe. This will lead to a contribution margin of $17,010.

What is the contribution margin per machine per hour for Edge Company?

The contribution margin per machine per hour for Standard is:

= Contribution margin per unit / Number of machine hours per unit

= 105 / 1

= $105

For Deluxe is:

= 84 / 2

= $42

What is the ideal mix for Edge Company?

Producing Standard gives a higher Contribution Margin so the company should focus on this alone.

Number of units of Standard would be:
= Machine capacity per month / Number of hours required for Standard

= 162 / 1

= 162 units

The contribution margin would be:
= 162 x x Contribution Margin per unit

= 162 x 105

= $17,010

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Supply and Demand Equilibrium A graph titled Supply and Demand equilibrium has quantity on the x-axis and price on the y-axis. Line A has a positive slope and line B has a negative slope. The 2 lines intersect at point C. Match each term with the correct part of the graph. Demand curve Supply curve Equilibrium point

Answers

C is the point in the graph  refers to the equilibrium price. Because the equilibrium demand and supply have produced this point, it is known as the equilibrium price.

What is equilibrium?

Economic equilibrium is the set of economic variables that drives the economy, such as supply and demand. The term "economic equilibrium" can be used to a variety of variables, including interest rates and total consumer expenditure.

C point refers as equilibrium price produced by the demand and supply mention on X and Y axis respectively.

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Answer:

c

Explanation:

write the uses of apron​

Answers

Answer:

Its simple .

Explanation:

We use apron to cover the body so that we can remain clean and any dust free while doing daily chores like cooking ,sweeping ,etc

Answer:

We use aprons to protect ourselves from greases, sauce, and other messy things while cooking or eating. They can also be used around the house to prevent similar things.

Which of the following could be identified as a simile? (2 points)
The light shone brightly through the window at dawn.
I ran to my classroom as fast a cheetah on the hunt.
The young boy shivered with fear when the lights went out.
He is one of the greatest and most prolific writers in history.

Answers

Answer:

He is one of the greatest and most prolific writers in history.

Answer
I ran to my classroom as fast as a cheetah on the hunt
Reason: a simile uses “like” or “as” to compare things
This sentence uses “as” to compare his fast running with a cheetah

list the 6 areas of internet

Answers

Answer:

1. Communication Services.

2. File Transfer.

3. Web Services.

4. Directory Service.

5. Information Retrieval Services.

6. Automatic Network Address Configuration.

Explanation:

I hope it helps! Have a great day!

bren~

Suppose that Kyle can get an internship at an investment bank that pays him a stipend of $3,000.00. The internship also provides Kyle with tangible work experience that will help him get a job after graduation. What is Kyle’s economic profit if he continues to work as a painter? Should Kyle keep the painting job or take the internship? Explain your answer.

Answers

Kyle is advised to take up the internship and leave the painting job, as the painting job will not give him tangible experience, which will be beneficial for his career.

What is internship?

A program where a person can get training or expertise of a specific area or field by working under a veteran or an expert in the field, whether paid or not, is known as internship.

In the above case, Kyle's internship will pay him a stipend of $3,000 along with tangible experience, which is beneficial for his future.

In the case of painting job he makes economic profit of $3,800 after getting a salary of $4,000 and spends on supplies for $200.

However, the rational profit of Kyle will be,

Painting Job Salary (4000) – Supplies (200) – Stipend from Internship (3000)= $800

Thus, it is beneficial for Kyle to take up internship and leave his painting job. The complete question has been attached as an image for better reference.

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An analyst evaluating securities has obtained the following information. The real rate of interest is 2.8% and is expected to remain constant for the next 5 years. Inflation is expected to be 2.6% next year, 3.6% the following year, 4.6% the third year, and 5.6% every year thereafter. The maturity risk premium is estimated to be 0.1 × (t – 1)%, where t = number of years to maturity. The liquidity premium on relevant 5-year securities is 0.5% and the default risk premium on relevant 5-year securities is 1%.

a. What is the yield on a 1-year T-bill? Round your answer to one decimal place.

b. What is the yield on a 5-year T-bond? Round your answer to one decimal place.

c. What is the yield on a 5-year corporate bond? Round your answer to one decimal place.

Answers

An analyst evaluating securities has obtained the following information, which is mathematically given as

Y1= 4.30%Y5= 6.50%Y5'= 8%

What are the yield on a 1-year T-bill,  the yield on a 1-year T-bill, and the yield on a 5-year corporate bond?

Generally, the equation for Yield on Corporate Bond is mathematically given as

Y= r* + IP + MRP + DRP + LP

Hence

a) For the yield on a 1-year T-bill

Y1== 2.2% + 2.1%

Y1= 4.30%

b) For  the yield on a 5-year T-bond

Where

IP=  (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5 = 3.90%

And

MRP = 0.1*(5-1)

MRP= 0.4%

Y5= 2.2% + 3.90% + 0.4%

Y5= 6.50%

c) For the yield on a 5-year corporate bond

IP = (2.1% + 3.1% + 4.1% + 5.1% + 5.1%)/5

IP= 3.90%

MRP  = 0.4%

DRP = 1%

LP = 0.5%

Therefore

Y5= 2.2% + 3.90% + .4% + 1% + .5%

Y5'= 8%

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How does Maslow hierarchy of need help marketers to create various marketing strategies. Explain your answer with examples.

Answers

The Maslow hierarchy of need helps marketers to create various marketing strategies because its already provides a way of evaluating the customers' motivations beyond what raw data will give.

What is the Maslow hierarchy of need?

The psychological theory established the motivation theory that models the 5 categories of human needs that helps to dictate an individual's behaviour.

The needs of human according to the Maslow Hierarchy includes Self-actualization, Esteem need, love and belonging need, safety need and physiological needs.

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how to calculate a trial balance​

Answers

Answer:

Here is the answer

hope it helps u

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On November 1, 2021, Tim's Toys borrows $30,000,000 at 9% to finance the holiday sales season. The note is for a six-month term and both principal and interest are payable at maturity. What is the balance of interest expense for the loan as of December 31, 2022?

Answers

The  balance of interest expense for the loan as of December 31, 2022 is: $450,000.

Interest expenses

Loan was outstanding months= November 2022 to December 2022

Using this formula

Interest expenses=Amount borrowed×Interest rate×2/12

Let plug in the formula

Interest expenses= $30,000,000×9%×2/12

Interest expenses=$450,000

Therefore the interest expenses is $450,000.

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A prospecting plan is best used by who

Answers

sales teams

Explanation:

They use them for outlining the prosses of identifying the prospects or decision-makers who are most likely to become potential customers.

what is gross income??

Answers

Answer:

the amount of money you make before all the taxes and deductions are made.

Explanation:

whay i said for the answer ^

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