Business, 27.03.2020 04:08 barisegebalci2352
Arguments for the specific identification method are as follows:(1)It provides an accurate and ideal matching of costs and revenues because the cost is specifi-cally identified with the sales price.(2)The method is realistic and objective since it adheres to the actual physical flow of goods rather than an artificial flow of costs.(3)Inventory is valued at actual cost instead of an assumed cost. Arguments against the specific identification method include the following:(1)The cost of using it restricts its use to goods of high unit value.(2)The method is impractical for manufacturing processes or cases in which units are com-mingled and identity lost.(3)It allows an artificial determination of income by permitting arbitrary selection of the items to be sold from a homogeneous group.(4)It may not be a meaningful method of assigning costs in periods of changing price levels
Answers: 1
Business, 22.06.2019 10:10
An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?
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Business, 22.06.2019 11:00
Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative
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Business, 23.06.2019 00:10
Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to:
Answers: 2
Business, 23.06.2019 12:00
Prepare a 250-500-word response to mrs. turner's questions about predicting final scores, statistical significance, and whether a store location should be closed based on the data provided. explain your approach and the rationale for this method. evaluate the outcomes of your regression model and the responses to mrs. turner's questions.
Answers: 3
Arguments for the specific identification method are as follows:(1)It provides an accurate and ideal...
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