The inventory has to be recorded separately to each item and this will generally result in the lowest inventory amount.
<u>Explanation:</u>
LCM- the Lower of Cost which is also called as Market rule is the theory for valuating the inventory in accounting. According to the LCM rule, in a business the cost of inventory must be recorded at lower cost (it can be either the current market price or the original cost)
Reason for recording at lower cost:
Aggregating the items results in the incorporation of some items at amounts greater than LCM.
Example:
If product X (cost = 2 dollars, market = 1 dollar) and product Y (cost = 3 dollars, market = 4 dollars) are aggregated for LCM, the inventory measurement will be 5 dollars. If the rule is applied separately to both the products, the LCM measurement will be 4 dollars.
Answer:
The answer is D) competitor myopia
Explanation:
Competitive myopia is defined as a focus on a competitor or rival that is so intense that it causes distraction from larger strategic threats or opportunities.
Answer:
The answer is below.
Explanation:
The strategies of a company to succeed in outsourcing its HR services
1. Internal Analysis and Baselining: this involves the cost and value analysis of using internal HR vs Outsourcing HR
2. Understanding Cost vs. Value of HR: knowing what the cost and value of outsourcing entails can go a long way in determining whether it offers the value the company wants
3. Identifying Core Competencies: realizing the competencies of outsourcing HR particularly in the area of competitive advantage of the company.
4. Aligning Technology to Support Operational Objectives: utilization of outsourcing HR technology and operational support ensure the company doesn't cure additional coast
5. Agreeing on Expectations with HR Outsourcer: knowing what to expect and agreed on the outcome of the outsourcing process is one of the key strategies.
6. Addressing and Enforcing Performance Metrics: Also, the expected performance and what is needed to be achieved should be discussed and ensured it is ultimately accomplished.
Hiya! hollandaise sauce mostly contains equal parts of egg yolk and butter.
Answer:$31,379
Explanation:Applying the
Fishers international effect
1+Ic/1+Ib=S1/S0
Where Ib represents the interest rate in base country which is Japan in this case
Ic represents the interest rate in counter country in this case,US
S0 is the base spot rate or exchange rate at the moment while S1 is the spot rate at the end of the coming year
Ic =3%=0.03
Ib=1%=0.01
So=145
Substituting in the formula
1.03/1.01=S1/125
Cross multiplying
S1=125(1.03)/1.01=127.475
So price in US at spot 127.475 will be ¥4,000,000/127.475=$31,379
