Inventory information for Part 311 of Blue Corp. discloses the follow.pdf
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Inventory information for Part 311 of Blue Corp. discloses the following information for the month of June. Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Grossprofit (FIFO) \$.
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HUFFMAN CODE In the general word of computer science we use the ASCII code to turn
characters on the computer sereen into binary for storage in memory. The ASCII code was
developed in 1963 and encoded 127 "characters" into 7 bit representations. This code was then
expanded upon in 1992 with the introduction of UTF-8 encoding which allowed for 1/2/3/4 byte
representations (8/16/24/32 bit ). However the thing about these codes is that each character
requires the same amount of space, so the most common character and the least common
character require the same number of bits. However in 1952 when memory and storage space
was extremely primitive and expensive, David A. Huffman of MIT developed an encoding idea
that was based on the relative frequency of each symbol. The idea being that the most common
symbol would be given the smallest number of bits, and the least common symbol would be
given longer bits. In this way, storage space would be saved, and at the time, saving even a single
bit was valuable.
However the major downside to this, is that each and every documeat would develop its own
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