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Author Question: In a period of rising prices, the weighted-average method will result in higher tax payments. (Read 94 times)

c0205847

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on: Mar 6, 2021

Question 1

In a period of falling prices, the lower cost of goods sold under the FIFO method leads to higher operating income and higher tax payments.
◦ true
◦ false

Question 2

In a period of rising prices, the weighted-average method will result in higher tax payments.
◦ true
◦ false
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by c0205847 on Mar 6, 2021

choc0chan

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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c0205847

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

Liamb2179

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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