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In the FIFO example above, the company (Foo Co.), using LIFO accounting, would expense the cost associated with the first 75 units at $59, 125 more units at $55, and the remaining 10 units at $50. Under LIFO, the total cost of sales for November would be $11,800. The ending inventory would be calculated the following way:
When this information is found, the amount of goods is multiplied by their purchase cost at their purchase date to get a number for the ending inventory cost. In theory, this method is considered the most accurate since it directly relates the ending inventory goods to the specific price they were bought for.
For example, the parent Battalion unit for the Army will use "AA." A child Company unit, such as A Company, will use "A0." The UIC is also used by commanding officers to identify their unit to a higher military unit, where the specific information of the unit can easily be researched and information can be accessed.
Accounts may also be assigned a unique account number by which the account can be identified. Account numbers may be structured to suit the needs of an organization, such as digit/s representing a division of the company, a department, the type of account, etc. The first digit might, for example, signify the type of account (asset, liability ...
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000.
The information associated with the entities - name, address, phone numbers, etc. - is catalogued in the H4 and H8 Handbooks. The National Codification Bureau (NCB) of each NATO or NATO-sponsored Nation is responsible for maintaining the CAGE code information for entities in these respective countries.
An example, a bomber aircraft regiment in the People's Liberation Army Air Force (PLAAF) 8th Air Division may be known by its TUD, '22nd Air Regiment', or by its MUCD, 'Unit 95183'. The unit's TUD is used by members of the regiment, in common discourse, and among defense analysts, while the MUCD is used on stationery letterheads, newspapers ...
The Department of Defense Activity Address Code (DoDAAC) is a six position code that uniquely identifies a Department of Defense unit, activity, or organization that has the authority to requisition, contract for, receive, have custody of, issue, or ship DoD assets, or fund/pay bills for materials and/or services. The first positions of the ...