<span>This is an aspect of procedural memory. This aspect of long-term memory is mostly used for storing task-completion information that will be used repeatedly. Motor skills are another way of describing this concept. Unconsciously, we are able to complete tasks that we learned long ago (walking, bike riding, writing) because of procedural memory.</span>
Answer:
Product Costs: (a), (e) and (f).
Period Costs: (b), (c) and (d).
Explanation:
The difference between the two types of costs is that product costs are recorded within the inventory asset, since they affect the products. While the period costs are expenses that are recorded in the income statement without affecting inventory costs.
The product costs (Inventory Costs) are:
(a) Manufacturing overhead
(e) Direct labor
(f) Direct materials
The costs of the period (Expenses) are:
(b) Selling expenses.
(c) Administrative expenses
(d) Advertising expenses
Hope this helps!
Answer:
value of company inventory = $2600
so correct answer is B) $2,600
Explanation:
given data
normal selling price = $20
selling price fallen = $15
current inventory = 200 units
purchased = $16 per unit
cost fallen = $13 per unit
solution
we know that context inventory meaning is that inventory is reported the lower cost or the replacement cost
here lower is replacement cost = $13
so value of company inventory at lower of cost will be
value of company inventory = 200 units × $13
value of company inventory = $2600
so correct answer is B) $2,600
Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement. This statement is true.
<h3>What is the definition of competition?</h3>
In business, competition is always a factor. Whether it is two companies vying for the same customer base, or two employees vying for the same promotion, competition is a natural part of the business world. However, there is a line that should not be crossed when it comes to competition. Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement.
Defamation is defined as a false and unprivileged publication by writing, printing, picture, effigy, or other fixed representation to the eye, which exposes any person to hatred, contempt, ridicule, or obloquy, or which causes him to be shunned or avoided, or which has a tendency to injure him in his occupation. Product disparagement is similar, in that it is a false and injurious statement made about a competitor's product.
Learn more about the defamation:
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Countries gain from exchange when trade enables each country to receive a higher price for exported goods and/or pay a lower price for imported goods. This leads to more efficient resource allocation and allows consumption of a larger variety of goods.International trade is where there is exchange of goods and services across International territories where in most countries this exchange represents a significant a share of gross domestic product(GDP). One of the most immediate benefits of this trade is lower costs to consumers
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