Addington, Inc. uses the first in, first out (FIFO) inventory cost flow assumption. Beginning inventory and purchases were as follows: Units Unit Cost Total Cost Beginning Inventory 200 $1,000 $200,000 Purchases, April 100 1,200 120,000 Purchases, July 100 1,250 125,000 Purchases, October 200 1,500 300,000 In November, Addington Inc sold 38 products to Joshstone Company. a) What is the cost of goods sold assigned to the 38 sold products? b) What is the value of ending inventory (unsold units)?

Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided