Answer:
LCM = $15.5
Explanation:
RC = $14
Ceiling: NRV = $17
Floor: NRV – PM
Net realizable value for product ALPHA -Normal profit for product ALPHA
= $17 – $1.50= $15.5
Market= $15.5
LCM = $15.5
Therefore the proper per unit inventory value for product ALPHA applying LCM will be $15.5
building society --- is owned by its members and provides banking servic
trust company --- acts as a fiduciary and handles custodial asset arrangements
asset management firm --- invests people's funds in financial assets
stock brokerage firm --- trades securities and makes money from commissions
Answer:
Identification of Features Applying More to Job Order Operations, Process Operations, or Both:
Features
1. Cost object is a process. Process Operations
2. Measures unit costs only at period-end. Process Operations
3. Uses indirect costs. Both
4. Transfers costs between Work in
Process Inventory accounts. Process Operations
5. Uses only one Work in Process account. Job Operations
6. Uses materials, labor, and overhead costs. Both
Explanation:
The main difference between the two operations is the manner costs are accumulated. Job operations accumulate costs for different jobs that are not similar. Process operations accumulate costs to show the process a product passes through. The product of a process operation is not unique like the product of a job operation.
The answer in the space provided is 'coming from'. It is because the countries like China and India has government which has less over sight which enables them to transport goods from chemical manufacturers because of their government that are not that strict in terms of transporting goods to other countries compared to others countries that have more over sight and are more strict.
Answer:
Option A is correct
Explanation:
Customer are defined by the purchase because purchase is the attribute that makes a person or people a customer to a particular product for sale, it can also be refered to as business to customer relationship.
