The FIFO method assumes that units sold are the _________ units acquired and that units remaining in ending inventory are the ________ units purchased.

Answers

Answer 1

Answer:

first, last

Explanation:

The FIFO represents the First in first out method in which the inventory that is recently purchased is sold first and the rest of the inventory that is shown in the ending inventory determines this inventory are the last units purchased. This method is helpful for the inventory valuation

Therefore in the given case, the given answers are first and last


Related Questions

Consider the population consisting of all computers of a certain brand and model, and focus on whether a computer needs service while under warranty. (a) pose several probability questions based on selecting a sample of 300 such computers. (select all that apply.)

Answers

Answer:

Based on selecting a sample of 300 computers The probability questions are follows

1. . What is the probability that no computer needs service within the warranty period?

2 . What is the probability that more than half of the computers that are sampled will need warranty period?

3. What is the expected number of computers fail before the warranty period?

Suppose that productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe recession. From the neoclassical view, which of the following will be more important in these circumstances?

a. an increase in the annual unemployment rate
b. supply and demand in the labor market
c. the problem of cyclical unemployment
d. the growth rate of long- term productivity

Answers

Answer: d. the growth rate of long- term productivity

Explanation:

From the question, we are informed that that the productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe recession. From the neo-classical view, the important things are

encouraging long-term growth, curtailing inflation.

Therefore, the growth rate of long- term productivity is the correct answer.

Dunkin’ Donuts offers some localized programs; for example, offering free coffee to all customers if a local sports team wins an important game. This is an example of which of the four Ps?

Answers

Answer:

Promotion

Explanation:

The four Ps refers to the price, product, promotion and place

In the given situation since it is mentioned that the dunkin donuts offered free coffee in case when the local sports team wins

so this represents the promotion as the company want to aware of its products so that the customer could visit there that results in increased in demand which ultimately increased the profit

Therefore this is an example of promotion

The survey has bias.​ (a) determine the type of bias.​ (b) suggest a remedy. upper a pro dash military advocate wants to estimate the percentage of people who favor increasing funding for the military. she conducts a nationwide survey of 1450 randomly selected adults 18 years and older. the interviewer asks the​ respondents, ​"do you favor being patriotic by supporting our armed forces question mark ​" ​(a) which of these best describes the bias in the​ survey? sampling bias response bias your answer is correct. nonresponse bias undercoverage bias ​(b) how can the bias be​ remedied?
a. the interviewer should survey people under 18 as well.
b. the interviewer should survey a greater number of adults 18 and older.
c. the interviewer should survey people by phone and in person.
d. the interviewer should reword the question.

Answers

Answer:

B). Response bias

D). The interviewer should reword the question.

Explanation:

Response bias is described as the type of bias in which a variety of tendencies are displayed by the respondents to answer the questions asked in the survey inaccurately or misleadingly. These false responses eventually lead to a false or deceiving conclusion. In the given survey, 'response bias' is displayed as the respondents may display a tendency to answer the question falsely as the feeling of 'patriotism' evoked by the word 'patriotic' may prevent their original opinions to come out. Thus, option B is the correct answer to describe the bias in this survey.

In order to prevent this bias, the interviewer must 'reword the question' and remove the word 'patriotic' as it develops the feeling of patriotism in the respondents which mars them from answering accurately and share their true opinions or thoughts in the regards of 'supporting armed forces.' This rewording will help evoke the true and authentic responses without any bias. Thus, option D is the correct answer to remedy the bias.

In the investment industry, the principle of _______________ supports investing in a wide range of companies to reduce the level of risk.

Answers

Answer: diversification

Explanation:

Diversification is a technique used on order to minimize risk and it is simply the allocation of investments into various indutries or financial instruments.

This is done to maximize returns and also minimize the risks as investing in different sectors will make them.react differently to certain things.

Which section of a CAR Residential Listing Agreement states that the agreement is binding between the seller and seller's successors and assigns?

Answers

Answer:

Section 18 of the Exclusive Right to Sell Listing Agreement form is the section that indicates the binding agreement between the seller and seller's successors and assigns.

Explanation:

The section provides that when the agreement is signed it binds both the parties. The binding agreement is legally enforceable and binds both the parties to the contract.

It shall meet the offer perspective and along with the acceptance perspective. for it to be a valid and legal contract. This section ensures that the con tract is legally binding on both the successors along with the assigns.

This table shows the CTSOs that four high school students are involved in: A 2-column table with 4 rows. Column 1 is labeled Student with entries Elyse, Abin, Kendra, Angelica. Column 2 is labeled Current C T S O with entries T S A, F E A, D E C A, H O S A. Assuming the students continue down the same career path, which table shows the professional organization that each student would most likely be a part of in the future?

Answers

Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column

Explanation:

TSA is very similar to AFP

Answer:

a

Explanation:

"When a firm analyzes its objectives and performance, availability of resources, structural characteristics, and organizational culture, the firm is most likely examining its:"

Answers

Answer:

The firm is likely examining its "Internal environment"

Explanation:

An organization internal environment comprises of internal stakeholders such as employees, suppliers, customers. Basically, the internal environment refers to the culture, members, factors in aid of or that is working for an organization. Internal environment has the ability to influence the decisions of the organization. Factors like Customer, management, suppliers, employees are internal environment which management can control easily and effectively by policies and proper strategies.

Use the following scenario to answer the following questions: Suppose that Canada, an industrialized nation, and Mexico, a developing nation, both produce clothes and cars. The real wage in Mexico is lower than in Canada. The countries have a free trade agreement. Each nation will find a comparative advantage.

A society could achieve a higher level of productivity if:________

a. each person in the society is a jack-of-all-trades.
b. it takes advantage of each individual's comparative advantage.
c. it does not trade with other nations.
d. it does not tax imported goods.
e. it does not limit exports.

Answers

Answer:

A society could achieve a higher level of productivity if:________

b. it takes advantage of each individual's comparative advantage.

Explanation:

In the same way that nations can achieve higher levels of productivity if each nation takes advantage of its comparative advantage in production, individuals in the society can help it to achieve a higher level of productivity if each individual takes advantage of her or his comparative advantage.  This economic concept calls for specialization in the fields where one has comparative skills that are better than others'.  This implies that one can deploy resources and skills to achieve more in a specialized field than being a jack-of-all-trades.

"A customer buys pharmaceutical and utility stocks in his portfolio. This portfolio would be best characterized as:"

Answers

Answer:

Defensive Portfolio

Explanation:

Defensive portfolio consist of stocks that are protected from the market movement forces such that they perform acceptably well both during good and bad economic times, much unlike cyclical stocks. The companies within the portfolio are those that manufacture and produce essential goods and services and therefore will also thrive when the economy is in a difficult state.

Many defensive portfolio companies offer dividends with the effect of reducing capital losses.

Dana and Phil have evaluated their situation, and have decided to purchase a unit in a cooperative housing project. Which FHA loan program might work for them?

Answers

Answer:

Title ll Section 203(n)

Explanation:

The FHS-insured 1st mortgage loans are loans that a borrower can use to help purchase a home as a primary residence. The FHA loan program that would for Dana and Phile would be a Title ll Loan, specifically Section 203(n). This section of the program is specifically for individuals looking to purchase of a unit in a cooperative housing project. Which in this case is exactly what Dana and Phil are trying to purchase a unit in.

disadvantages of online shopping ?

Answers

Answer:

Lack of significant discounts in online shops

Lack of touch and feel of merchandise in online shopping

Delay in delivery

Lack of interactivity in online shopping

Lack of shopping experience

Lack of close examination in online shopping

Frauds in online shopping

Explanation:

On what form would you find information regarding itemized closing costs due to other parties, such as tax assessments, recording fees and attorney's fees?

Answers

Answer:

Closing disclosure form

Explanation:

Closing disclosure form is a form used in mortgage application that provides a final detail about the mortgage loan being applied for. It is received at least three business days before your closing.

It is usually a five page form that contains information relating to the loan terms , projected monthly payment , interest rate , estate tax and the processing fees to arrived at the closing cost

Other costs that can be found in the closing disclosure form are recording fees, attorney's fees and tax assessment

Do you think a nation’s output should be distributed according to income or according to some other standard (such as basic human need)? explain your answer.

Answers

Answer:

i think that income is built for order and human need

Explanation:

if we distributed according to human need that's technically a communist country

Which NIMS communication principle enables personnel and organizations to communicate within and across jurisdictions and organizations via voice, data, and video systems in real time

Answers

Answer:

Interoperable Communication System

Explanation:

Interoperable communication system is designed to enable emergencies responding workers to quickly and promptly discharge their functions , which enables  enables it wide coverage advantage .

It also allows information to be shared through voice and data signal when required and in real time.

Its benefits include effective coordination of tasks ,efficient use of resources and prompt responses to routine incidences.

France and England both produce cheese and cloth under conditions of constant opportunity costs. France will have a comparative advantage in cheese production if: A. it can produce more cheese than England. B. its labor productivity in cheese production is greater than England's. C. the absolute cost of producing cheese is lower in France than in England. D. the opportunity cost of cheese production is lower in France than in England. E. it can produce more cloth than England.

Answers

Answer:

D

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

For example, England produces 10 yards of clothes and 5 kg of cheese. France produces 5 yards of clothes and 10 kg of cheese.  

for England,  

opportunity cost of producing clothes = 5/10 = 0.5

opportunity cost of producing cheese = 10/5 = 2

for France,  

opportunity cost of producing cheese = 5/10 = 0.5

opportunity cost of producing clothes = 10/5 = 2

England has a comparative advantage in the production of clothes and France has a comparative advantage in the production of cheese

Which of the following are reasons that the aggregate demand curve slopes downward? Check all that apply. As the price level rises, households' real income increases. As the price level rises, imports become relatively cheaper than domestically produced goods. As the price level rises, households' real wealth decreases.

Answers

Answer:

As the price level rises, imports become relatively cheaper than domestically produced goods.

Explanation:

The aggregate demand curve is a graph showing  the total quantity of all goods and services demanded by an economy at different price levels.

As price level increases,  the cost of domestic goods increases and imports become cheaper. As a result, the demand for domestic goods falls as price level falls and the demand for imported goods increases.

The reason that the aggregate demand curve slopes downward is first option i.e.  As the price level rises, households' real income increases.

The following information should be considered:

Higher prices reduce the purchasing power of those whose incomes are fixed in nominal terms. Higher prices make foreign goods more competitive and domestic goods less competitive so imports rise and exports fall.

Learn more: brainly.com/question/16911495

A customer has contacted you and expressed anger about the service provided by your company. During the call, you discover that another technician responded to the customer's original issue. In spite of the customer's tone, you remain calm. What should you do next?

Answers

Answer:

listen to the entire complaint

Explanation:

In the scenario being described, you should listen to the entire complaint. This will make the customer feel as though you are paying attention and listening/understanding her frustration and by doing so you might also acquire new information regarding the issue that was not previously shared to the other technician. Once the client has finished venting her anger and explaining the situation, only then should you begin to offer a solution.

"At WainPort Industries, the firm’s senior managers approach marketing implementation with the belief that marketing strategy should be developed at the top of the organization and then transmitted to lower levels where frontline managers and employees implement it. What implementation approach is being used at WainPort?"

Answers

Answer:

The correct answer is: Implementation by command.

Explanation:

To begin with, in the field of marketing the "Command Approach" is understood as the method of implemantion by which the strategy is established in the top levels of the organization and then is transmitted to the whole other inferior levels in order to implement it and carry out the action that must be done as planned with the only purpose to accomplish all the goals preestablished. Therefore that WainPort is using that type of marketing implementation in the organization when they push the information from the higher levels to the lower levels.

Suppose economic conditions call for a tax increase but Congress does not implement this measure because an election is approaching. This is an example of which of the real-world problems associated with fiscal policy?

Answers

Answer:

Implementation lag

Explanation:

there are four types of lags associated with fiscal policy

Administrative lag is the time it takes to enact the needed policies. Operational lag is the time it takes for the policy to be enacted to the time the effects are felt in the economy

Recognition lag is the amount of time it takes for authorities to recognise a problem in the economy that needs fiscal policy intervention.

Implementation lag is the amount of time it takes for fiscal policy decisions to be implemented.

b. he believed they should be cut as a matter of fairness and good economic policy

Which statement about today's workplace is most accurate? Group of answer choices Today's employees can expect to interact with people from many cultures. Very few businesses involve employees in decision making. Employees can expect to have more managers. Businesses use social media only to interact with customers.

Answers

Answer: Today's employees can expect to interact with people from many cultures.

Explanation:

In the past, workplaces were not really places your would expect to see diverse cultures represented because the world was still waking up to globalization and discriminatory employment practices saw cultures separated.

In today's workplace though, we see companies hiring people of different cultures which has led to more diversity in the workplace. Globalization is also occurring at a massive rate which has seen companies have different subsidiaries in various countries which has also led to a vast array of cultures mixing in the workplace.

A decrease in the price of toothpaste in a tube can lead to a decrease in the purchase of toothpaste in a pump. This means: A. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a tube will shift right. B. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a tube will shift right. C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left. D. Toothpaste in a tube and in a pump are complementary goods and the demand curve for toothpaste in a pump will shift left. E. Toothpaste in a tube and in a pump are complementary goods and the demand curve for both toothpastes will shift left.

Answers

Answer:

C. Toothpaste in a tube and in a pump are substitute goods and the demand curve for toothpaste in a pump will shift left.

Explanation:

toothpaste in a tube and toothpaste in a pump are substitute goods.

Substitute goods are goods that can be used in place of another good.

If the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.

Only changes in price of a good can lead to movement along the demand curve for that good. A decrease in the price of  toothpaste in a tube would lead to a movement downward along the demand curve

Other factors affecting demand leads to a shift of the demand curve either to the right or to the left.

A decrease in the price of toothpaste in a tube would lead to a decrease in the purchase of toothpaste in a pump. This would lead to a leftward shift of the demand curve of toothpaste in a pump to the left.

Under the __________ Clause of the U.S. Constitution, treaties become part of the law of the land.

Answers

Hey There!!~

Your answer choice is Supremacy Clause...

Hope This Helps!!~

By ♡~Itsbrazts♡~

A period of temporary economic decline during which trade and industrial
activity are reduced; generally identified by a fall in gross domestic
product (GDP) *
Recession
O Market Economy
O Bullish
hurry-

Answers

the answer is a recession

Provisions in the law that automatically increase government spending or decrease taxes when real output declines are called:

Answers

Answer: automatic stabilizers

Explanation:

Automatic stabilizers are the provisions in the law that automatically increase government spending or decrease taxes when real output declines.

It should be noted that automatic stabilizers can be used to reduce recession impact on people by helping them to survive even when there is a job loss.

The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when needed.

Answers

Answer:

Controlling

Explanation:

Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.

Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?

Answers

Answer:

He should appoint a manager.

Explanation:

Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.

(MC)What was the main way that African American farmers get out of the debt that they incurred as sharecroppers

Answers

Answer:

Debt peonage

Explanation:

Debt peonage is defined the process by which a debt owed is paid off by work or labour.

In America after the civil war ended a lot of Black American farmers were sharecroppers who incurred debts. These debts were paid off by the process of debt peonage.

Farmers were forced to pay a share of their crops to cover expenses such as rent and purchase of equipment needed for farming.

When they were unable to pay off the debt the had to work to pay it off. They could not earn enough income to pay off the debt.

When a firm develops a knowledge asset, such as a process, pays for it and reuses it over and over at a very low cost, this adds ___________ for the firm.

Answers

Answer:

a competitive advantage

Explanation:

Diane is passionate about soccer and decides to open her own soccer sporting goods store. She invests her money, time, and effort into making the store a success. Diane can be best described as a(n)

Answers

Answer:

The answer is entrepreneur

Explanation:

Diane showed the trait of an entrepreneur. An entrepreneur is someone who tries to solve a particular problem or challenge by setting up a business. He takes up the risk and tries to fight it in order to be successful because of the passion he has for the business. Entrepreneur also sources for the capital for the business which can be in form of borrowed money or equity contribution.

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