Answer: Option D
Explanation: In simple words, it refers to the method in which the ending inventory is valued on the basis of retail price ratio. It is calculated by taking into consideration the retail value of all the beginning inventory and the retail value of goods purchased.
It depicts a more clear and honest picture of the inventory and an effective way to control the inventory records.
Hence from the above we can conclude that the correct option is D.
B. SPECIALIZE IN.
Nations usually SPECIALIZE IN industries and activities in which they have a comparative advantage over other nations.
Specialization in economics is where the business focuses more on producing a limited scope of products or services in order to gain greater degree of efficiency throughout the business.
Formal document that a job applicant creates
Answer: (A) Mixed economy
Explanation:
Mixed economy is one of the type of economy which helps in protect the private property and also allow the economical level for using the capital.
The mixed economy also allow the government for interfering in various economical activity for achieving the process of decisions making.
All the modern type of economy is basically refers to the mixed economy as the production are basically shared between the two main sectors that is private and public.
Therefore, Option (A) is correct.
Answer:
$0.9448 per unit
Explanation:
Total cost of paper $15,000
Total cost of ink $4,700
Total cost of cardboard tubing c $2,400
Total cost of plastic <u> $1,520 </u>
Total Cost $23,620
Material Cost per unit = Total Cost / Number of Unit
Material Cost per unit = $23,620 / 25,000 = $0.9448 per unit