Description
This is a discussion question that needs to be answer. Please use own words or cite-in-text with reference
The specific identification method matches the cost of sales exactly to the item sold. With perpetual inventory software, a company can be capable of tracking every inventory item. Why would a company choose the LIFO, FIFO or average cost methods?
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
Here you go....
The specific goods (or specific identification) method is normally the simplest LIFO approach to
apply and understand. inventory quantities and costs are measured in terms of individual ...
Completion Status:
100%
Review
Review
Anonymous
This is great! Exactly what I wanted.
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
3 pages
Hate Crime
The news article in my case happened in Chicago on the 12th of September where Singh Mukker was assaulted by an American ...
Hate Crime
The news article in my case happened in Chicago on the 12th of September where Singh Mukker was assaulted by an American since he was not an American ...
MKT100 CUNY Borough of Manhattan Chipotle Marketing Plan Paper
My professor wants us to create a marketing plan following her rubric. I chose Chipotle as my company. I need an A as this ...
MKT100 CUNY Borough of Manhattan Chipotle Marketing Plan Paper
My professor wants us to create a marketing plan following her rubric. I chose Chipotle as my company. I need an A as this is part of our final and a large percentage of my grade. It is in APA format and really as long as all the topics in the rubric are touched upon in detail the paper should be solid.
MBA602 Exxon Mobil Industry Analysis Paper
You’ve been in your new analyst role with Maryland Creative Solutions, LLC for a few days and are finally getting used t ...
MBA602 Exxon Mobil Industry Analysis Paper
You’ve been in your new analyst role with Maryland Creative Solutions, LLC for a few days and are finally getting used to the rapid workflows and office culture. After a competitive bidding process, MCS has signed a consulting contract with ExxonMobil. You receive an email from senior partner, Frank Marinara, tasking you with your first assignment to support the project. INBOX (1 NEW EMAIL) From: Frank Marinara, MCS Senior Partner To: You Now that you've settled in, I need your help with an industry analysis. ExxonMobil accepted our consulting bid, and now the CFO needs us to conduct an assessment of its positioning within the oil and gas industry. I would like your expertise in developing the analysis by using tools such as a supply and demand graph. We need to know the price and quantity of crude oil where equilibrium exists, and it will be helpful to discover the market structure of the industry as a whole. I will need this done by the end of this week. If that goes well, I'll also need you to look into price elasticity so we can advise the client on a pricing strategy for one of its local franchisee stations. Three weeks from now, I’d like you to attend a special projects meeting with senior consultants from across MCS. Keep in mind, you will be the only employee in the meeting that is not on the senior consultant level, so please be as prepared as possible. The meeting has been called to discuss a new pricing strategy that MCS is proposing for ExxonMobil. Come ready to discuss risk within the oil and gas industry and have specific ideas for developing a pricing strategy Finally, I'll be asking you to develop an executive summary based on your work on this project. Follow the project steps to get started on the industry analysis for ExxonMobil. Best, Frank Click Step 1 to begin your work on this project. When you submit your project, your work will be evaluated using the competencies listed below. You can use the list below to self-check your work before submission. 1.3: Provide sufficient, correctly cited support that substantiates the writer’s ideas. 1.6: Follow conventions of Standard Written English. 1.7: Create neat and professional looking documents appropriate for the project or presentation. 3.1: Identify numerical or mathematical information that is relevant in a problem or situation. 3.2: Employ mathematical or statistical operations and data analysis techniques to arrive at a correct or optimal solution. 3.3: Analyze mathematical or statistical information, or the results of quantitative inquiry and manipulation of data. 3.4: Employ software applications and analytic tools to analyze, visualize, and present data to inform decision-making. 5.3: Create, implement, and evaluate a personal leadership development plan. 6.2: Evaluate strategic implications for domestic and international markets of an organization's industry. 10.1: Apply relevant microeconomics principles to support strategic decisions for the organization. 12.1: Assess market risk and opportunity. Step 1: Complete Skills Gap Analysis Step 2: Create a Supply and Demand Graph Step 3: Analyze Cost, Pricing, Elasticity, and the Production Function Step 4: Discuss Pricing Strategies Step 5: Prepare Executive Summary Step 6: Submit Your Work
ACCT 401 Saudi Electronic University Auditing Principles and Procedures Discussion
IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides or fellow student. 1-What are the Components of Inter ...
ACCT 401 Saudi Electronic University Auditing Principles and Procedures Discussion
IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides or fellow student. 1-What are the Components of Internal Control? Explain each component. (2.5 points). 2- How would an auditor identify related parties and what is the importance of doing so. (0.5 point). 3- During the audit of Bader Financial, you find that some accounting entries have been Changed. You believe this may be the result of management fraud and you have determined that the effect of this could be material to the financial statements. What steps should you take in response to the accounting entries and your concern about management fraud. Detail your answer. (1.5 points).4- Explain the importance of observing physical inventory during an audit. (0.5 point)
Mary Francis has just returned to her office after attending preliminary discuss, business and finance homework help
Mary Francis has just returned to her office after attending preliminary discussions with investment bankers. Her last mee ...
Mary Francis has just returned to her office after attending preliminary discuss, business and finance homework help
Mary Francis has just returned to her office after attending preliminary discussions with investment bankers. Her last meeting regarding the intended capital structure of Apix went well, and she calls you into her office to discuss the next steps.“We will need to determine the required return for our intended project so that we have a decision criteria defined for the project,” she says.“Do you have the information I need to describe capital structure and to calculate the weighted average cost of capital (WACC)?” you ask.“I do,” she smiles. “We can determine the target WACC for Apix Printing Inc., given these assumptions,” she says as she hands you a piece of paper that says the following:Weights of 40% debt and 60% common equity (no preferred equity)A 35% tax rateCost of debt is 8%Beta of the company is 1.5Risk-free rate is 2%Return on the market is 11%“Great,” you say. “Thanks.”“Be sure to indicate how these costs of capital might be used to determine the feasibility of the capital project,” Mary says. “I want your recommendation about which is more appropriate to apply to project evaluation, too. Let me know what you think.”“One more thing,” she says as she stands up to signal the end of the meeting. “You did a good job with the explanations that you provided Luke the other day. Would you have time to define marginal cost of capital for me so I can include it in my discussions with investors? You seem to have a knack for making things accessible to nonfinancial folks.”“No problem,” you say. “I’m glad my explanations are so useful!”For this assignment, complete the following:Describe capital structure.Determine the WACC given the above assumptions.Indicate how these might be useful to determine the feasibility of the capital project.Recommend which is more appropriate to apply to project evaluation.Define marginal cost of capital.* 1000 words
Similar Content
Manage Project Quality Discussion
BSBPMG532 Manage project quality
Task 1 – Knowledge Questions
Task summary
• This is an open book knowledge test, to b...
Partnership Transactions Perform the required journal entries
Using the data in the Option 2 Spreadsheet (linked
at the bottom of the page), perform the accounting required for the ...
Long Term Strategies and Globalization, management homework help
Investigate the understanding of how globalization
affects a company's strategic plan. Assess the effectiveness of strat...
Milestone Two: Job Security
Detailed Outline: In part of the final paper: You will submit a 4 page outline, detailing the specifics of your final pape...
assignment for strategic management
the assignment is the review ans analysis of profit company study by answering predetermined questionif you are interst to...
International Communications
I'm including PDF document for case study please go through it & In PDF document there are 3 or 4 Case study questions, We...
Case Study
By definition, property rights refer to the rights an individual or a group of people have on a business or thing that the...
Marissa
1. My thinking is that subjects like math, statistics, logic, and critical thinking relate with product experimentation an...
X158 Security In Organizations
Incidence response is a systematic undertaking to dealing and controlling the consequences of a security violation (Murdoc...
Related Tags
Book Guides
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
3 pages
Hate Crime
The news article in my case happened in Chicago on the 12th of September where Singh Mukker was assaulted by an American ...
Hate Crime
The news article in my case happened in Chicago on the 12th of September where Singh Mukker was assaulted by an American since he was not an American ...
MKT100 CUNY Borough of Manhattan Chipotle Marketing Plan Paper
My professor wants us to create a marketing plan following her rubric. I chose Chipotle as my company. I need an A as this ...
MKT100 CUNY Borough of Manhattan Chipotle Marketing Plan Paper
My professor wants us to create a marketing plan following her rubric. I chose Chipotle as my company. I need an A as this is part of our final and a large percentage of my grade. It is in APA format and really as long as all the topics in the rubric are touched upon in detail the paper should be solid.
MBA602 Exxon Mobil Industry Analysis Paper
You’ve been in your new analyst role with Maryland Creative Solutions, LLC for a few days and are finally getting used t ...
MBA602 Exxon Mobil Industry Analysis Paper
You’ve been in your new analyst role with Maryland Creative Solutions, LLC for a few days and are finally getting used to the rapid workflows and office culture. After a competitive bidding process, MCS has signed a consulting contract with ExxonMobil. You receive an email from senior partner, Frank Marinara, tasking you with your first assignment to support the project. INBOX (1 NEW EMAIL) From: Frank Marinara, MCS Senior Partner To: You Now that you've settled in, I need your help with an industry analysis. ExxonMobil accepted our consulting bid, and now the CFO needs us to conduct an assessment of its positioning within the oil and gas industry. I would like your expertise in developing the analysis by using tools such as a supply and demand graph. We need to know the price and quantity of crude oil where equilibrium exists, and it will be helpful to discover the market structure of the industry as a whole. I will need this done by the end of this week. If that goes well, I'll also need you to look into price elasticity so we can advise the client on a pricing strategy for one of its local franchisee stations. Three weeks from now, I’d like you to attend a special projects meeting with senior consultants from across MCS. Keep in mind, you will be the only employee in the meeting that is not on the senior consultant level, so please be as prepared as possible. The meeting has been called to discuss a new pricing strategy that MCS is proposing for ExxonMobil. Come ready to discuss risk within the oil and gas industry and have specific ideas for developing a pricing strategy Finally, I'll be asking you to develop an executive summary based on your work on this project. Follow the project steps to get started on the industry analysis for ExxonMobil. Best, Frank Click Step 1 to begin your work on this project. When you submit your project, your work will be evaluated using the competencies listed below. You can use the list below to self-check your work before submission. 1.3: Provide sufficient, correctly cited support that substantiates the writer’s ideas. 1.6: Follow conventions of Standard Written English. 1.7: Create neat and professional looking documents appropriate for the project or presentation. 3.1: Identify numerical or mathematical information that is relevant in a problem or situation. 3.2: Employ mathematical or statistical operations and data analysis techniques to arrive at a correct or optimal solution. 3.3: Analyze mathematical or statistical information, or the results of quantitative inquiry and manipulation of data. 3.4: Employ software applications and analytic tools to analyze, visualize, and present data to inform decision-making. 5.3: Create, implement, and evaluate a personal leadership development plan. 6.2: Evaluate strategic implications for domestic and international markets of an organization's industry. 10.1: Apply relevant microeconomics principles to support strategic decisions for the organization. 12.1: Assess market risk and opportunity. Step 1: Complete Skills Gap Analysis Step 2: Create a Supply and Demand Graph Step 3: Analyze Cost, Pricing, Elasticity, and the Production Function Step 4: Discuss Pricing Strategies Step 5: Prepare Executive Summary Step 6: Submit Your Work
ACCT 401 Saudi Electronic University Auditing Principles and Procedures Discussion
IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides or fellow student. 1-What are the Components of Inter ...
ACCT 401 Saudi Electronic University Auditing Principles and Procedures Discussion
IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides or fellow student. 1-What are the Components of Internal Control? Explain each component. (2.5 points). 2- How would an auditor identify related parties and what is the importance of doing so. (0.5 point). 3- During the audit of Bader Financial, you find that some accounting entries have been Changed. You believe this may be the result of management fraud and you have determined that the effect of this could be material to the financial statements. What steps should you take in response to the accounting entries and your concern about management fraud. Detail your answer. (1.5 points).4- Explain the importance of observing physical inventory during an audit. (0.5 point)
Mary Francis has just returned to her office after attending preliminary discuss, business and finance homework help
Mary Francis has just returned to her office after attending preliminary discussions with investment bankers. Her last mee ...
Mary Francis has just returned to her office after attending preliminary discuss, business and finance homework help
Mary Francis has just returned to her office after attending preliminary discussions with investment bankers. Her last meeting regarding the intended capital structure of Apix went well, and she calls you into her office to discuss the next steps.“We will need to determine the required return for our intended project so that we have a decision criteria defined for the project,” she says.“Do you have the information I need to describe capital structure and to calculate the weighted average cost of capital (WACC)?” you ask.“I do,” she smiles. “We can determine the target WACC for Apix Printing Inc., given these assumptions,” she says as she hands you a piece of paper that says the following:Weights of 40% debt and 60% common equity (no preferred equity)A 35% tax rateCost of debt is 8%Beta of the company is 1.5Risk-free rate is 2%Return on the market is 11%“Great,” you say. “Thanks.”“Be sure to indicate how these costs of capital might be used to determine the feasibility of the capital project,” Mary says. “I want your recommendation about which is more appropriate to apply to project evaluation, too. Let me know what you think.”“One more thing,” she says as she stands up to signal the end of the meeting. “You did a good job with the explanations that you provided Luke the other day. Would you have time to define marginal cost of capital for me so I can include it in my discussions with investors? You seem to have a knack for making things accessible to nonfinancial folks.”“No problem,” you say. “I’m glad my explanations are so useful!”For this assignment, complete the following:Describe capital structure.Determine the WACC given the above assumptions.Indicate how these might be useful to determine the feasibility of the capital project.Recommend which is more appropriate to apply to project evaluation.Define marginal cost of capital.* 1000 words
Earn money selling
your Study Documents