Morgan industries is comparing and contrasting its ending inventory value in terms of the three common inventory costing methods in order to management determine the most appropriate method to use. the company determines three values, which are $96,000, $100,000, and $105,000. if management determines that $100,000 is the most appropriate value for its ending inventory, what inventory cost method has it most likely chosen?

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of: