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Vaselesa [24]
3 years ago
5

At year end, CurlZ Inc.'s inventory consists of 100 bottles of CleanZ with a cost of $1, and a selling price of $0.80 per bottle

. It also has 100 boxes of DyeZ with a cost of $10, and a selling price of $11 per box. Using the lower of cost and net realizable value method, the year-end Inventory balance should include which of the following amounts?
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

$1,080

Explanation:

The inventory of Curlz Inc. shall be valued at lower of cost and net realizable value.

In case of CleanZ, since the net realizable value is lower than the cost, therefore the inventory of CleanZ shall be placed at net realizable value which is $0.80 per bottle.

In case of DyeZ , since the net realizable value is higher than the cost, therefore the inventory of DyeZ shall be valued at cost which is $10 per bottle.

Value of CleanZ=100*0.80          $80

Value of DyeZ=100*10                 $1,000

Total value of inventory               $1,080

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Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Dat
Wittaler [7]

Answer:

Estimated manufacturing overhead rate= $3 per machine hour

Explanation:

Giving the following information:

Machine Hours Per Unit:

Rings= 6 (1,000 units)

Dings= 11 (2,040 units)

All of the machine hours take place in the Fabrication Department, which has an estimated total factory overhead of $85,200.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 85,200/(6,000 + 11*2,040)= $3 per machine hour

6 0
3 years ago
XYZ Corporation manufactures orange safety suits for road workers. The following information relates to the corporation's purcha
Sholpan [36]

Answer:

$6.25 per yard

Explanation:

The computation of the standard price per yard of material for its safety suits is shown below:

Material quantity variance = Standard Price × (Actual quantity - Standard quantity)

-$5,000 = Standard price × (10,000 - 10,800)    

Standard price  = -$5,000 ÷ (-800)  

= $6.25 per yard

Hence, the standard price per yard of material for its safety suits is $6.25 per yard

7 0
3 years ago
What can you suggest to warner Edwards in terms of marketing strategy
inessss [21]

Answer:

Warner Bros focuses a lot on the people as an organization whether it’s the employees or the customers. The key people involved are Kevin Tsujihara (Chairman and CEO), Edward A. Romano (Vice Chairman), Toby Emmerich (President and Chief Content Officer). Its parent company TIME Warner has over 31000 employees. The Warner Bros company and its people focus on diversity that helps in multicultural expansion, workforce development and inclusive growth. It does not differentiate between its customers and focus on providing quality content to all across the globe.

I would suggest that only advertisement doesn't make people to buy it.

7 0
3 years ago
Martin is offered an investment where for $6000 today, he will receive $6180 in one year. He decides to borrow $6000 from the ba
Ne4ueva [31]

Answer:

The maximum interest rate which the bank needs to offer the loan is 3%

Explanation:

The maximum interest rate which the bank needs to offer the loan is computed as:

Maximum interest rate = Amount received in one year - Amount invested today / Amount invested today

where

Amount received in one year is $6,180

Amount invested today is $6,000

Putting the values above:

Maximum interest rate = ($6,180 - $6,000) / $6,000

= $180 / $6,000

= 3%

So, the maximum interest rate is 3% which is needed to offer by banks

3 0
3 years ago
when Jorge became one of three final candidates for managerial position with a large pharmaceutical company
aleksklad [387]

Jason appreciated that the director took time to conduct a realistic job preview.

<h3>What is Realistic job preview?</h3>
  • Realistic job preview (RJP) is a technique that businesses and organizations use to explain the positive and negative aspects of a work to potential new hires or to remind current employees of the responsibilities of their positions.
  • Realistic job previews should give applicants a comprehensive overview of the duties they can anticipate carrying out when working for that particular business. Descriptions may cover the work atmosphere, goals, and company policies, among other things (rules, restrictions).
  • The psychological contract between employer and employee, often known as the employee exchange, is at the core of realistic job previews.

To learn more about realistic job preview with the given link

brainly.com/question/14839721

#SPJ4

Question:

When Jason became one of three final candidates for a managerial position with a large pharmaceutical company, the director of the department scheduled a special meeting with him. There, the two talked about the stressful deadlines and heavy travel required of the position, as well as the compensation and benefits. Jason appreciated that the director took time to conduct a(n) __

6 0
1 year ago
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