When identical units of an item are purchased at different costs: <span>an inventory cost flow method must be used under both a perpetual and a periodic inventory system.
A perpetual inventory system will update your inventory on hand after each sale or purchase of inventory is made. A periodic inventory system is updated periodically, meaning, a company will give a time period they would like their sales and purchases to update in and the system will perform that. Both systems are great for a business but it's their option of how they are generated.
</span>
Answer:
- IFCO for 20x7 as it is reported comparatively in the 20x8 statements = $5,600
- IFCO for 20x8 = $6,800
Explanation:
1) IFCO for 20x7 as it is reported comparatively in the 20x8 statements, should not include the $400 operating income from the component = $6,000 - $400, or $5,600.
2) IFCO for 20x8 should not include the gains resulting from the disposal of the component nor the losses generated by it = $7,000 - $300 + $100 = $6,800
The economy is consider to be at full employment.
I’m thinking (a., because im pretty sure you need to have the heading before make an argument.
Answer:
The correct answer is letter "C": Increase the price of electricity during peak times.
Explanation:
The best form to regulate the use of electricity during peak hours would imply increasing the price of the power service. This will cause people to use the utility moderately to avoid increasing their expenses. By demand law, <em>as long as the price increases, the quantity demanded tends to fall.</em>
