Product FIFO LIFO

1 ; 225 ; 221

2 ; 119 ; 100

3 ; 100 ; 113

4 ; 212 ; 200

5 ; 248 ; 245 Accounting procedures allow a business to evaluate their inventory costs based on two methods: LIFO (Last In First Out) or FIFO (First In First Out). A manufacturer evaluated its finished goods inventory (in $000s) for five products with the LIFO and FIFO methods. To analyze the difference, they computed (FIFO − LIFO) for each product. We would like to determine if the LIFO method results in a lower cost of inventory than the FIFO method. If you use the 5% level of significance, what is the critical t value?

Bradley and kelly are out flying kites at a park one afternoon. a model of bradley and kelly's kites are shown below on the coordinate plane as kites brad and kely, respectively: kites adbr and kely are shown on a coordinate plane. the vertices of adbr are a is at 9, 1; d is at 1, 5; b is at 9, 9; and r i which statement is correct about the two kites? (1 point) they are similar because segment br to segment db is 1: 2 and segment ke to segment yk 1: 2. they are not similar because segment br to segment db is 1: 5 and segment ke to segment yk is 1: 2. correct! they are not similar because segment br to segment db is 1: 2 and segment ke to segment yk is 1: 5. they are similar because segment br to segment db is 1: 5 and segment ke to segment yk is 1: 5.