Answer:
The amount of $64,000 which is should be D (Durango) budget for cash disbursement for the inventory in the month of November
Explanation:
The amount which is should be D budget for cash disbursement for the inventory in the month of November is as:
Amount = 60% of purchase of October + 40% of purchases of November
where
60% of purchase of October = 60% × $40,000
= $24,000
60% of purchase of October = 40% × $100,000
= $40,000
So, putting the values above:
Amount = $24,000 + $40,000
Amount = $64,000
Net operating income equals (unit sales - unit sales to break even) × unit contribution margin.
What is net operating income?
Real estate professionals utilize the metric known as Net Operating Income, or NOI, to swiftly determine the profitability of a certain venture. After deducting required operational costs, NOI calculates the revenue and profitability of investment real estate property.
Is net operating income the same as profit?
After all, costs have been deducted, operating profit displays a company's earnings, excluding the cost of debt, taxes, and some one-time expenses. Contrarily, net income is the profit that is still left over after all expenses made during the time have been deducted from sales revenue.
Learn more about net operating income: brainly.com/question/14103167
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Answer:
C : the lower-of-cost-or-net realizable value (LCNRV) basis.
Explanation:
<em>High-technology and fashion are types of industries likely to frequently use </em>''the lower-of-cost-or-net realizable value (LCNRV) basis''. These types of industries having an inventory that has an uncertain future.<em> Obsolescence, defects, oversupply, higher price declines, and similar obstacles can contribute to uncertainty about the realization of inventory</em> items and hence accountants of these industries evaluate inventory and employ lower of cost or net realizable value considerations.
