The method is called First-In-First-Out (FIFO).
lifo
retail method
Budget Surplus
Explicit costs
cost
lifo
retail method
Capital Budget is what a budget for major investment expenditures is called.
It depends upon who he provides the merchandise to. If he sells merchandise to consumers, he is called a retailer. If he sells merchandise to a retailer, he is called a wholesaler. If he distributes the merchandise to wholesalers, he is called a distributor. If he manufactures the merchandise and distributes it through distributors, he is called a manufacturer.
This pattern of bars is called a barcode (or bar code). It found explosive application in the 70s as manufacturers and marketers employed the technology to automate inventory and checkout.
Budget Surplus
The excess of income over expenditures is known as Savings. S= Y(d)-C Where; S= Savings Y(d)= Disposable Income C= Consumption Expenditures
A periodic inventory system will not show the amount available for sale or sold during the period. A perpetual inventory system will show each purchase in the inventory.
are also called basic merchandise category are in continuous demand over an extended period most merchandise in grocery stores as well as house wares hosiery etc are staple merchandise
Explicit costs
cost
A method of inventory accounting in which the oldest remaining items are assumed to have been the first sold. In a period of rising prices, this method yields a higher ending inventory, a lower cost of goods sold, a higher gross profit (assuming constant price), and a higher taxable income. Also called FIFO.Method in calculation in which the weighted averagezzor the period is the cost of the goods available for sale divided by the number of units available for sale. When the perpetual inventory system is used, the weighted average method is called the moving average method.