Cranchey company reported a lifo ending inventory of $670,000 on its balance sheet at december 31, 2019. cranchey's disclosure notes to the financial statements reported that the lifo reserve at december 31, 2018 was $32,000 and the lifo reserve at december 31, 2019 was $40,000. which of the following statements is correct for cranchey company for the effect of the lifo reserve in 2019 in converting lifo amounts to fifo amounts?

a. pretax income would have been higher by $32.000 under fifo.
b. cost of goods sold would have been higher by $8.000 under fifo.
c. pretax income would have been higher by $8,000 under fifo.
d. cost of goods sold would have been higher by $4000o under fifo.

Aproduction order quantity problem has a daily demand rate = 10 and a daily production rate = 50. the production order quantity for this problem is approximately 612 units. what is the average inventory for this problem?

Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?