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Metro by T-Mobile is a prepaid wireless carrier brand owned by T-Mobile US. It previously operated the fifth largest mobile telecommunications network in the United States using code division multiple access.
The answer to this question is Variable cost.
As the level of production increase , the total variable cost is increased and vice versa.
Examples of variable cost are the cost of sugar in condensed milk factory, the cost of leather in bag manufacturing, the cost of coffee beans in starbucks, etc.
A command economy is no freedom to the people.
The mixed economy has public input and government input
A free-market system is to the public where they can freely change prices and products. It is free from government intrusion
Answer:
$45,000
Explanation:
LCM (lower of cost or market) is an inventory valuation method that uses the lower figure between the cost of purchase of an inventory, and the price at which it can be currently replaced in the market, as the carrying amount of the inventory.
Accordingly, using LCM, the value of Daily Grind's inventory
= lower value of (inventory of coffee makers without timer) + (inventory of coffee makers with timer)
= 10,000 + 35,000
= $45,000