Answer:
The correct answer is letter "C": shortage costs increase as total carrying costs increase.
Explanation:
A shortage takes place when the quantity demanded is higher than the supply at the current price. Typically, shortages occur because of an increase in demand, a decrease in supply or due to government policies. Shortage costs are those costs a firm is responsible for because the is no enough stock in its inventory. When shortage costs increase, the carrying costs do not necessarily increase.
 
        
             
        
        
        
<em><u>answer</u></em> 
Procedure for Registering a Partnership Firm
Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ... 
Step 2: Selection of Name of the Partnership Firm. ... 
Step 3: Certificate of Registration
 
        
                    
             
        
        
        
Answer:
b.use the S-2 employee
Explanation:
Calculation for the the most cost-effective solution
S-1	S-2	S-3
Time for 1 unit (in minutes)	30	24	21
Units in 1 hour 2	2.5	2.857142857
(60/30= 2)
(60/24=2.5)
(60/21=2.857142857)
Wages per hour $ 16.00	$ 19.00	$ 22.00
Wages per/ unit $ 8.00 $7.60 7.70
($ 16.00/2=$8)
($ 19.00/2.5=$ 7.60)
($ 22.00/2.857142857=$ 7.70)
Ranking
S-1	$ 8.00 III
S-2. $7.60 I
S-3 7.70 II	
Therefore based on the above Calculation the most cost-effective solution will be to use the S-2 employee
 
        
             
        
        
        
Answer:
Mark−up percentage = 18.75%
Explanation:
Total manufacturing cost= Direct material + Direct labor  + Variable overhead + Fixed overhead
= $36 + $24 + $18 + $40
= $118
Hence, the total manufacturing cost is $118.
Total selling cost = Fixed selling cost + Variable selling cost
Total selling cost = $28 + $14
Total selling cost = $42
Hence, the total selling cost is $42
Total cost = Total Manufacturing cost + Total selling cost
Total cost = $118 + $42
Total cost = $160
Mark−up percentage = ROI / Total cost * 100
Mark−up percentage = $30 / $160 * 100
Mark−up percentage = 0.1875 * 100
Mark−up percentage = 18.75%
 
        
             
        
        
        
Answer:
inventory impairment/cost of good sold (p/l)   $500
Explanation:
IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.
Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).
               Quantity    Unit Cost     Unit NRV      Lower of cost/NRV  Amount
Model A    100               $100              $ 120       $100                       $10,000
Model B      50                $50               $ 40        $40                         $2,000
Model C      20                $200             $210        $200                      $4,000
Adjustment required = 50 ($50 - $40)
=$500
This posted as 
Debit inventory impairment/cost of good sold (p/l)   $500
Credit Inventory account                                              $500