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kodGreya [7K]
4 years ago
10

LYZ sells product P for $40 per unit. The cost of one unit of P is $36, and the replacement cost is $35. The estimated cost to d

ispose of a unit is $8, and the normal profit is 40%. At what amount per unit should product P be reported, applying lower-of-cost-or-market?a. $16.b. $32.c. $35.d. $36.
Business
1 answer:
Aleks04 [339]4 years ago
3 0

Answer:

B. $32

Explanation:

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$290

Explanation:

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An informal type of organizational structure is one best suited for achieving a cost-leadership strategy especially when the managers is promoting innovation.

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