Answer:
$2,600
Explanation:
Calculation of the value of the company's inventory at the lower of cost or market.
Current FIFO inventory ×Net realizable value
Where,
Current FIFO inventory= 200 units
Net realizable value $13 per unit
Therefore,
200 units *$13 per unit = $2,600.
Lower cost of market can be said to mean that the inventory cost at either the purchase cost or replacement value .
Bases on the information given in the question, replacement cost is lower or lesser than the purchase cost which is why the inventory units are been cost at the replacement value of $13 each.
Answer:
B. You made a profit of $75.00
Explanation:
shares x ( sale - buy)
20 shares x ( 35 & 1/4 - 31 & 1/2)
20 x (35.25-31.5)
20 x 3.75 = 75
The difference between purchase and sale price is positive, so eahc share yields a gain of $3.75
We multiply this by the amount of shares to determiante the gain
Answer:
here are all the characteristics of flow manufacturing
Explanation:
"The main features of flow production are: Large quantities are produced. Simplified or standard product. Semi-skilled workforce specialising in one task only."
Tesla is the company is the best one people wish to invest for next 3 decades, based on its management, product or business model, financial condition, consistent past and potential earning.
<h3>What is the
management structure of Tesla?</h3>
According to management experts, Tesla is one company that has a practical organizational structure with a lot of hierarchical structure.
Tesla is a company that is reported to use functional centers that are well-structured and cover all aspect of their business operations, including finance, sales, marketing, and technology.
Thus, the company is Tesla.
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In most case, the average amount of time between price changes for gasoline is <u>two to three weeks</u>.
<h3>What is a price changes?</h3>
Most time, a price changes often come about because of changes in the conditions of demand and supply. A gasoline prices tend to always increase when the available supply of gasoline decreases relative to real or expected gasoline demand or consumption.
Some factors that change the price of gasoline are:
- Crude oil prices
- Refining costs
- Taxes
- Distribution
- marketing costs.
Read more about price changes
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