Determine the cost of goods sold expense assuming kramer had used the lifo method instead of the fifo method.

To determine the cost of goods sold (COGS) expense under the LIFO method, you start with the assumption that you have sold the most recent produced first, and work backwards. Generally, the formula for COGS expense is: Costs at the beginning of the year + Additional inventory cost during the year - Inventory at the end of the year

Risk behavior is the behavior of individual that may result in negative consequences, risks to life, death, injury, violation etc.

It is important for teenagers as during this age of life teens may not have a correct perspective of what is correct for them and what is not.

Further Explanation:

Behavior is the kind of act or a deed done by an individual someone which may have impact on others life.  

Risky behavior mostly seen in teenagers is the steps taken or deed done by them that makes them prone to some negative impacts. Behavior like violence, smoking, drinking alcohol, drug use, etc. may count as a risk behavior.

Teenagers are mostly involved in risky behavior as they rarely can make out a difference between wrong and right. They tend to get attracted to wrongs more easily in which peer pressure and other forces work which causes teens to succumb to behaving inappropriately.  

Improper dietary behavior can lead to risk to the lives of teenagers if they don’t get or take proper diet it will make consequences to health.

So the factors such as indulgence into bad habits, improper diet and risky sexual behavior are few of the behaviors which teenagers generally get attracted to. So a prior knowledge of the behavior and proper guidance of how to ignore them is important for teenagers.

Learn more:

1. Learn more about impact of risk behavior social economic physical and emotional

2. Learn more about the negative impact of youth risk behavior

3. Learn more about signs of an alcohol overdose

Answer Details:

Grade: High School

Subject: Health

Chapter: Behavioral science

Keywords:

Behavior, risk, injury, death, teenagers, risk behavior, alcohol, cigarettes, drugs, risk behavior, life, health, sexual behavior, AIDS, STD, HIV, dietary behavior.

Explanation:

Risk behavior is the behavior of individual that may result in negative consequences, risks to life, death, injury, violation etc.

It is important for teenagers as during this age of life teens may not have a correct perspective of what is correct for them and what is not.

Further Explanation:

Behavior is the kind of act or a deed done by an individual someone which may have impact on others life.  

Risky behavior mostly seen in teenagers is the steps taken or deed done by them that makes them prone to some negative impacts. Behavior like violence, smoking, drinking alcohol, drug use, etc. may count as a risk behavior.

Teenagers are mostly involved in risky behavior as they rarely can make out a difference between wrong and right. They tend to get attracted to wrongs more easily in which peer pressure and other forces work which causes teens to succumb to behaving inappropriately.  

Improper dietary behavior can lead to risk to the lives of teenagers if they don’t get or take proper diet it will make consequences to health.

So the factors such as indulgence into bad habits, improper diet and risky sexual behavior are few of the behaviors which teenagers generally get attracted to. So a prior knowledge of the behavior and proper guidance of how to ignore them is important for teenagers.

Learn more:

1. Learn more about impact of risk behavior social economic physical and emotional

2. Learn more about the negative impact of youth risk behavior

3. Learn more about signs of an alcohol overdose

Answer Details:

Grade: High School

Subject: Health

Chapter: Behavioral science

Keywords:

Behavior, risk, injury, death, teenagers, risk behavior, alcohol, cigarettes, drugs, risk behavior, life, health, sexual behavior, AIDS, STD, HIV, dietary behavior.