The inventory costing method that results in the lowest taxable income in a period of rising costs is: ____________

a. lifo method.
b. fifo method.
c.
d. weighted-average cost method.
e. specific identification method. gross profit method.

Answers

Answer 1

The inventory costing method that results in the lowest taxable income in a period is known as: the Fifo Method.

What is an Inventory?

An inventory is the goods and materials owned by an organization for the purpose of utilization or the ultimate goal of reselling them for profits. They can also be seen as the complete list of items in an organization.

The Fifo method is a type of inventory costing method that results in the lowest taxable income in a period of rising cost. It is an efficient method of inventory costing.

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Related Questions

1. Determine the trade-offs of implementing an ERP system in the company versus buying best of breed software and using middleware to integrate. 2. What are the potential impacts of such implementation on the company’s suppliers and customers? 3. If the company chose to stay with the system it currently has, what are some potential consequences that can occur in the future? 4. Based on the business nature of the company, the industry, and the current environment, what would you recommend doing?

Answers

Answer:

Throughout the clarification segment follows, the context of the concern is mentioned.

Explanation:

(a)

There seem to be different divisions of every company, such as ordering, production management, engineering, finance as well as ordering management, and marketing. Previously, with each company maintaining their everyone else's collection of information, these same government agencies used to collaborate throughout silos, resulting in redundant systems but so much time and energy during peaceful coexistence.By facilitating cross-functional transfers, ERP packages support organizations. These bundles, for example, come up with all these financial, ordering, balance sheets, accounts receivables, fully organized cash equivalents for one another and, and therefore also companies no longer have to store different copies of records. The numerous divisions can navigate the purchasing order that is raised throughout the framework.

(b)

The future effect including its company's introduction to the ERP system would make communication with suppliers healthier and more streamlined. To strengthen the distribution network, collaboration with vendors can enhance communication and exchange knowledge utilizing innovative software. For clients, this new ERP deployment framework will satisfy the existing domain's scalable specifications.

(c)

If the organization wanted to stick in the new method that was being non-synchronous and unreliable through its service, the likely implications for the immediate future seem to be the corporation's defeat with loss. There was no standard program or software kit used by the new framework for the whole enterprise and the complete IT arrangement was then disintegrated.The void of misunderstanding might expand if the government continues this very same method, combined with a lack of improvement in order fulfillment and procurement of materials. The attorney general's office and accounting would not have been able to assemble the tremendous pricing information that would not operate the shop in a successful direction instead of always get knotted in tech problems.

(d)

The organization's overall nature includes an optimized application suite to be adopted, which is standardized for the whole workplace. The entire organization should be trained by a similar arrangement running on a single platform. Software besides inventory control, accounting, business development, capital structure, but most project management should be included in this effort and compliance.Effectiveness cloud-based software could allow the management to configure the program according to its preferences and then use it for particular purposes without buying everything at once. This ERP implementation seems to be profitable for the organization in terms of the current culture and community, as well as for the organization's strategic accomplishment.

Communication barriers are the different factors that disrupt messages. There are a variety of different strategies that can be used to overcome barriers in communication. You will list the five communication barriers and identify a strategy to overcome each of them. Rubric

Answers

Answer:

Explanation below

Explanation:

Language Barriers - both language and linguistic abilities can serve as barriers to communications between people. When people communicate using the same language, terminologies used in the message can form as barrier in the communication. It is best to use the language that can be rightly understood by the receiver.  

Psychological Barriers – The psychological mind of the person receiving the message could serve as a barrier to communication. When people experience certain stress and personal issues, it could preoccupy their minds and that may make them not to be receptive to messages as expected. Stress management could help alleviate the challenges around this psychological barrier issues.  

Physiological Barriers simply have to do with the receiver’s physical state. If the person is not hearing well maybe due to background noise, then the entire messages may not be grasped by the receiver. It is best to ensure there are no background noises.

Physical Barriers include the geographical distances between both the sender and the receiver of the message. Modern technologies have been used to reduce the impact of physical barriers.  

Attitudinal Barriers are the behaviors or perceptions that hinder people from communicating effectively. Such barriers can come up as a result of personality conflicts between the people or resistance to change. It would be ideal if both parties that are communicating try to overcome their attitudinal barriers before they can communicate. Better enlightenment can be used here effectively to correct issues.

Describe how a formal report is different from an informal report?

Answers

Answer:

Though the report may be several sections long, it is typically much shorter than a formal report. No contents page is included. Informal reports can even be formatted like a memo.

Explanation:

Answer: Informal reports are usually short, one to three pages, with no need for prefatory parts,are informational, include no or limited research,luse a direct approach an personal language. The formal report, however, is worded more objectively, focusing on the problem and the solution.

Explanation:

what type of object can ground static

Answers

electronic. Maybe I'm not a hundred percent sure.

Answer: its plastic

this is just extra bc it kept saying my answer was too short

A consumer has utility function U(x, y) = min{x, y}. She has $150 and the price of x and the price of y are both 1. The consumer is thinking of accepting a job in a different town, in which the price of x is 1 and the price of y is 2. Her income would remain the same. This consumer, who understands compensating and equivalent variation perfectly, is torn. While she is keen on the prospect of a move to the new town, which boasts a fine array of cultural activities for her family, she claims that, purely on the basis of her own preferences, having to move is as bad as a cut in pay of $X. She also claims she wouldn’t mind moving if when she moved she got a raise of $Y. What are the quantities $X and $Y equal to?

Answers

Answer:

The answer is "X=50 and y=75".

Explanation:

X = Variation equivalent  

Y = Variation to compensate  

Pre-movement equation:

[tex]\to x = y = 75 \\\\ \to U= 75[/tex]

The post movement equation:

[tex]\to x = y = 50 \\\\\to U = 50[/tex]

Service decline corresponds to a reduction in the salary of:  

[tex]\to 25 \times 1 + 25 \times 1\\\\\to 25+ 25\\\\ \to \$ 50\ \ \ _{(modify \ \ Equivalent)}[/tex]

Now she wants:

[tex]\to 25 \times 1 + 25 \times 2 \\\\\to 25 + 50 \\\\ \to \$ 75 \ \ \ _{(compensating \ \ variation)}[/tex]

to get [tex]U = 75[/tex] in the new city.

what is the poem about "a bird came down the walk"​

Answers

Answer:

It is called A bird came down the Walk by Emily Dickinson

Which statement best reflects the importance of following safety guidelines?
A.Workplace injuries can result in losses to an organization’s profits.

B. OSHA responds to complaints of unsafe work environments, and can fine or take negligent employers to court.

C. Every year, thousands of people die as a result of workplace injuries.

D. Using equipment safely is faster and makes work more efficient.

Answers

Answer:

B

OSHA responds to complaints of unsafe work environments, and can fine or take negligent employers to court.

Explanation:

B, took logistics quiz .

why didn't light yagami win?

Answers

Answer:

He did not know that L had a succorer and got carried away to the point he was a bit careless he did not thoroughly check everything including the note pads.  

Explanation:

Astrid has always enjoyed working with others, especially as part of a team. She studied graphic design and marketing
in college and is now ready to start her career. She knows that she would like a position in the Business, Management,
and Administrative career cluster, specifically in the Marketing pathway. Which company would be the best for Astrid
to send her resume to?
O a small, family-owned restaurant
O a medical office with one doctor
O a large pharmaceutical company
O a local high school district

Answers

Of all of the sectors that are mentioned here, the best that Asterid has to send her resume to would be:  a small, family-owned restaurant.

Why does Astrid have to send her resume here:

This is because out of all of these offices, the family owned restaurant is the business type that would not be too specialized.

This means that in other types, the people working there would be professionals that are trained specifically in that fields.

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You are checking in a guest that booked a room for $285 a night for three nights. You discover that as a government employee he should receive a 20% discount What Is new cost for his stay? ​

Answers

Answer:



$228



Explanation:
(I used siri to calculate it so don’t thanks to me thanks to siri)
Teehhee..

Answer:

$684

Explanation:

you are staying for 3 nights = $855

you get 20% off so find 20% of $855 (855 x 0.20 = 171)

subtract (855 - 171 = 684)

$684

can i get brainliest

List at least one discretionary expense listed on the bank statement or check register

Answers

Answer:

overdraft fees

not 100% sure, but hope that helps

Marketing and distribution system of Sole proprietorship

Answers

Answer:

Direct selling;

Selling through intermediaries;

Dual distribution; and.

Reverse channels.

Explanation:


Which economic effect does a central bank hope to achieve by selling large
amounts of treasury securities?

O A. It hopes to reduce the amount of money available for lending.
B. It hopes to lower interest rates on banks and other private lenders.
C. It hopes to encourage businesses to hire more employees.
O D. It hopes to encourage banks to increase their reserve rate.

Answers

Answer:

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

Answer: It hopes to reduce the amount of money available for lending.

Best pick up line gets brainliest :)

Answers

Answer:

did you fall from heaven? because your face is super messed up

Explanation:

Answer:

Well, here I am. What are your other two wishes?

Are you French? Because Eiffel for you.

Do you like raisins? How do you feel about a date?

There is something wrong with my cell phone. It doesn't have your number in it.

If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.

I'm no photographer, but I can picture us together.

Feel my shirt. Know what it’s made of? Boyfriend material.

Are you related to Jean-Claude Van Damme? Because Jean-Claude Van Danngg! you’re semxy!

If you were a chicken, you’d be impeccable.

Did your license get suspended for driving all these guys crazy?

I’m learning about important dates in history. Wanna be one of them?

Baby, if you were words on a page, you’d be fine print.

Did you just come out of the oven? Because you’re hot.

It’s a good thing I have my library card because I am totally checking you out.

I was blinded by your beauty; I’m going to need your name and phone number for insurance purposes.

I was wondering if you had an extra heart. Because mine was just stolen.

Is your name Google? Because you have everything I’ve been searching for.

Explanation:

A wholesaler delivers makeup to supermarkets, sets up the items on racks,
and keeps track of inventory. This is an example of a
A. manufacturer's sales branch
B. truck jobber
C. rack jobber
D. drop shipper

Answers

Answer:

c. rack jobber

Explanation:

A wholesaler delivers makeup to supermarkets, sets up the items on racks, and keeps track of inventory. This is an example of a rack jobber. Hence, option C is correct.

What is wholesaler delivers?

A wholesaler's main duty is to improve the efficiency of the supply chain for the gain of producers, distributors, and end consumers. At the same time, wholesalers help distributors manage their assets more efficiently.

Between a manufacturer, who creates a product, and an organization farther down the supply chain, a distributor serves as a link. A value-added reseller, or downstream company, can be either a wholesaler or a retailer.

A distributor is a company that buys non-competing products or product lines and resells them to customers directly. The majority of distributors also provide a range of services, including service, technical support, and warranty protection.

Thus, option C is correct.

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What does the W-2 form tell you? When to file your tax return. When to file your tax return. How often your employer will be paying you. How often your employer will be paying you. How much you've earned and how much taxes you've paid in the last year. How much you've earned and how much taxes you've paid in the last year. How much federal income tax your employer will withhold from your paycheck.

Answers

Answer:

How much you've earned and how much taxes you've paid in the last year

Explanation:

This form is an IRS tax form that is useful in reporting the wages that are paid to employees and also the tax that is deducted from these wages.

Every employer of labor in the united states is mandated to complete this forms as a part of employment relationship for every staff to whom they pay money to in the form of wages or salary. The employer sends this document to every of its employees and also to the IRS at year end

A store advertises new TVs for $100 a month for six $600 in order to
A. encourage customers to buy more than one item
B. make a larger price tag look more manageable
C. make signage more attractive to shoppers
D. significantly reduce the amount of tax taken

Answers

Answer:

B. make a larger price tag look more manageable

Explanation:

A price tag of $600 may see a too high price for many customers. To eliminate the perception of a huge price/expensive TV, the store opts to spread the TV cost over six months. The customer will end up paying $600 for the TV( 6 x $100).

The $600 price tag may discourage some customers, which translates to a loss of sales. $100 for six months is attractive, pocket friendly and may generate many sales to the store.

Identify and describe an assistive technology that can be used for online schooling for people with different abilities (such as those who are blind, deaf, or have limited mobility).

Answers

Answer:

Assistive technology is a generic term that describes tools used by people with disabilities to accomplish tasks. The following technologies help people use computers to access the web: Screen readers: Software used by blind or visually impaired people to read the content of the computer screen.

Explanation:

Something that person a person desires but can live without is called a

Answers

want

Explanation:

a want is something you would like to have but don't need in order to survive

Something that a person desires but can live without is called a want

A want is commonly known as an item or something that humans desire to have, that they may, or may not, be able to get anywhere or by themselves due to some factors.

The need of one person differs, another person wants. There are a various ways to meet a need or a want.

Conclusively, it is not easy to assume the difference between wants and needs.

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In functions of business, what is an example of management?

Answers

The four primary functions of managers are planning, organizing, leading, and controlling. By using the four functions, managers work to increase the efficiency and effectiveness of their employees, processes, projects, and organizations as a whole.

A stock is selling at $90. A 3-month call with a strike price of $100 is selling for $3.105 with a delta of 0.329. How many call contracts are required to perform a hedge on 1,000 shares of this stock? Would they be bought or sold? What happens if the price of the stock falls to $50?

Answers

Answer:

use a calculator

Explanation:

it helps you get the answer :)

What are the rights of incidental beneficiaries?

Answers

An incidental beneficiary does not have any legal rights to the benefits they are receiving,

According to the video, which terms best describe the role of General and Operations Managers? Check all that apply. documented power responsibility clerical risk pressure systematic​

Answers

Answer: Power

Responsibility

Risk

And pressure

Explanation:

According to the video, as the power, responsibility, risk, pressure best describe the role of general and operations managers. Thus, option (b), (c), (e), (f) is correct.

What is manager?

A manager is a professional who takes a leadership role in an organization and manages a team of employees. A manager is a person who manages a team of employees in an organization. A manager builds a bridge between the employees and the top-level management.

According to the video, was the different in the role of the general and operations managers. The first role is the power to direct the employees. The responsibility was the new project and the current work as the manage. The risk was the opportunity as the used on the profit as per the loss. The pressure of the work on the completing to the before the deadline.

As a result, the video, as the power, responsibility, risk, pressure best describe the role of General and Operations Managers. Therefore, option (b), (c), (e), (f) is correct.

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Which of the following are examples of career clusters? Select all that.apply

Answers

Answer:

governmental and public admiration and real estate

Explanation:

Answer:zcvn

Explanation:

Identify 3 skills you would expect an accountant to have.

Answers

Answer:

1. Strong written and oral communication.

2. Critical thinking

3. Analytical and problem solving skills

1. Workplaces that grow plants, such as farms, nurseries, greenhouses,
gardens, and parks are part of
Plant Systems
Animal Systems
Food Products & Processing Systems
Environmental Service Systems

Answers

Answer:

Plant Systems

Explanation:

The plant system entails the science of how plants grow. It is the study of the different types of plants and how they impact our world. Gardens, farms, nurseries, greenhouses, and parks also form part of the plant's system.

Plant Systems specialists help feed the nation by monitoring our plant food quality and safety. They provide information that aids consumers in making sensible nutritional decisions.

What best defines guerrilla marketing?

Answers

This includes marketing tactics that are usually unplanned, spontaneous, non traditional and without heavy use of traditional media.


question 3
what is the difference between manufacturing and a cottage industry

Answers

Answer: Simply put, the cottage industry refers to a period of time in which goods for sale were produced on a very small scale, usually in a home. ... The factory system is a term that historians use to refer to the development of centralized factories or mills that produced goods on a mass scale.

Explanation: !!!!!!

Answer:

faster producing and stuff (ap.ex) i forgot the answer that i got right but it goes like that

Explanation:

What would you like to know?

Answers

Why are we here. Just to suffer.

Answer:

I like these free points. Also Panic! At The Disco anyone?

Explanation:

5. The sales manager is convinced that a 11% reduction in the selling price, combined with a $68,000 increase in advertising, would increase this year's unit sales by 25%. a. If the sales manager is right, what would be this year's net operating income if his ideas are implemented? b. If the sales manager's ideas are implemented, how much will net operating income increase or decrease over last year?

Answers

Answer:

5(a)  $1,156,000

5(b)  -$104,000

Explanation:

5(a)

The reduced selling price

= [tex]120-13.2[/tex]

= [tex]106.80[/tex]

The revised fixed cost

= [tex]180000+68000[/tex]

= [tex]248000[/tex]

The revised number of sales unit

= [tex]24000\times 125 \ percent[/tex]

= [tex]30000 \ units[/tex]

Now,

The computation of net operating income will be:

Sales

= [tex]30000\times 106.8[/tex]

= [tex]3,204,000[/tex] ($)

Variable costs (less)

= [tex]30000\times 60[/tex]

= [tex]1,800,000[/tex] ($)

Contribution margin

= [tex]Sales-Variable \ cost[/tex]

= [tex]1,404,000[/tex] ($)

Fixed costs (less)

= [tex]248,000[/tex] ($)

Net operating income

= [tex]Contribution \ Margin -Fixed \ cost[/tex]

= [tex]1,156,000[/tex] ($)

5(b)

The net operating will decrease over last year will be:

= [tex]1,156,000-1,260,000[/tex]

= [tex]-104,000[/tex] ($)

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