There Are Only 4 Empty Rooms Available in a Student

question 27

Short Answer

There are only 4 empty rooms available in a student dormitory for eleven new freshmen.All the rooms are considered as homogenous so that it does not matter who is being assigned to which room.How many different ways can those 4 empty rooms be filled one student per room?

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Definitions:

FIFO Inventory

An inventory valuation method that assumes the first items placed in inventory are the first sold, prioritizing older stock for cost of goods sold.

Net Realizable Value

The estimated selling price of goods minus the estimated costs of completion and the costs necessary to make the sale.

FIFO Periodic

An inventory valuation method where the oldest inventory items are recorded as sold first, under a periodic system that updates inventory balances at the end of an accounting period.

Beginning Inventory

The value of a company's inventory at the start of an accounting period, carried over from the end of the prior period.