Cost flow assumptions and effects of inventory errors
Cost flow assumptions and effects of inventory errors - Math Problem Example
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(Ans)- When we calculate Cost of Goods Sold (CGS) using FIFO, no matter what method we use, the earliest price of available goods is used no matter how many other buying transactions occur in the mean time. However while using LIFO; whenever we make a new purchase transaction, the cost per unit value changes to that of the latest purchase.
So, recently many software companies have sprung up that provide requisite software tools for the same (most notably FLUENT). The operational protocol of such companies (e.g. FLUENT) is briefly outlined below.
Numerical modeling of the flow in such pipes has greatly aided in improving the pneumatic systems. Some of the techniques used for pneumatic conveying modeling include the use of computational fluid dynamics (CFD), which represents the gas and solid phase as two interpenetrating continua.
Of that 3%, 75% of it is frozen; leaving a mere 1% of the earth's surface water which is available for consumption.
Some of the major sources of water pollution include agricultural pollution, organic pollution, toxic waste, runoff and thermal pollution.
Since records have been kept of global temperatures, the ten warmest years ever have all been since 1990 (Blackwell). There is some debate as to the actual cause for this increase in temperature. However, a large part of the scientific community agrees that the accumulation of greenhouse gases in the atmosphere has contributed to this increased temperature.
Its focus has remained on delivering next generation IT solutions to different segments of the economy and it is because of this reason that over 60% of the fortune 500 companies are the customers of BT.
BT deals into different kinds of services including both in consumer segment as well as in business 2 business segments with focus on deriving maximum value for its customers, shareholders as well as other stakeholders.
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