This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is an assumption under FIFO process-costing method? (Read 30 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Mar 6, 2021
Which of the following is an assumption under FIFO process-costing method?
◦ It assumes some of the higher-cost units are placed in ending work in process.
◦ It assumes that all the lower-cost units from the previous period in beginning work in process are the first to be completed and transferred out of the process.
◦ It assumes that unit inputs costs are constant and do not fluctuate in the short run.
◦ It assumes that the ending work in process consists of only the lower-cost current-period units.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Cooldude101 on Mar 6, 2021

thall411

  • Sr. Member
  • ****
  • Posts: 332
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.
Answer Preview
Only 39% of students answer this correctly


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Mar 6, 2021
:D TYSM

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

A method to measure the lateral movement of membrane proteins. A method to measure the lateral movement of membrane proteins.
Alternative splicing as a regulatory method for RNA processing Alternative splicing as a regulatory method for RNA processing
Nursing process Nursing process
Deliberative nursing is a constant process of validating perceptions, thoughts, and feelings. Deliberative nursing is a constant process of validating perceptions, thoughts, and feelings.
A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ... A funnel is one way to visualize the diagnostic process. The purpose is to narrow the possible ...
Warming effleurage to thigh muscles. Use reinforced palm over palm method to apply deeper pressure ... Warming effleurage to thigh muscles. Use reinforced palm over palm method to apply deeper pressure ...
Video: Conduction of action potentials

For a complete list of videos, visit our video library