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Maslowich
4 years ago
6

On January 1, 2021, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $100,100. The ending i

nventory, valued at year-end costs, and the relative cost index for each of the next three years is below:Year-end Ending inventory atyear-end costs Cost Index2021 $ 126,315 1.05 2022 143,440 1.10 2023 154,020 1.20 In determining the inventory balance for Badger to report in its 12/31/2022 balance sheet:Multiple ChoiceAn additional layer of $23,110 is added to the 12/31/2021 balance.An additional layer of $11,110 is added to the 12/31/2021 balance.An additional layer of $22,110 is added to the 12/31/2021 balance.None of these answer choices are correct.
Business
1 answer:
natima [27]4 years ago
3 0

Answer:

oh ok im a little bit confused but can u give me the answer choices if there is any

Explanation:

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It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

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When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

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5 0
2 years ago
Last month when Holiday Creations, Inc., sold 37,000 units, total sales were $315,000, total variable expenses were $239,400, an
gladu [14]

Answer:

Explanation:

1. What is the company’s contribution margin (CM) ratio?

= sales - variable cost/ sales

= $315,000 - $239,400/$315,000

= $75,600/$315,000

= 0.24 x 100

= 24%

2. What is the estimated change in the company’s net operating income if it can increase total sales by $1,100?

Net operating income

= sales - variable cost - fixed cost

= $315,000 - $239,400 - $39,000

= $36,600

Change in operating income

= $316,100 - $239,400 - 39,000

= $37,700

Contribution margin ratio

= $316,600 - $239,400/316,600

= $77,200/$316,600

= 0.24 x 100

= 24%

Estimated change

=Change in total sales x CMR

= $1,100 x 24%

= $264

6 0
4 years ago
Diverse regulatory practices _____ the integration process of a global information system (gis). facilitate speed up impede empo
mylen [45]

The answer in the space provided is impede because they need to prevent the integration process of global information system in which impeding is the process or practice that helps them to engage with the process that involves of the GIS. 

3 0
4 years ago
On january 1, 2016, knapp corporation acquired machinery at a cost of $1,250,000. knapp adopted the double-declining balance met
Annette [7]
Cost on January 1 2016 = $1,250,000
Life = 10 years

Therefore,
Double-declining depreciation rate = 2*(1,250,000/10)/1,250,000 = 2*0.1 = 2*10% = 20%
Book value at end of 2016 = 1,250,000 - (1,250,000*20/100) = $1,000,000
Book value at end of 2017 = 1,000,000 - (1,000,000*20/100) = $800,000
Book value at end of 2018 = 800,000 - (800,000*20/100) = $640,000

Changing to straight line depreciation:
Life remaining = 7 years
Book value = $640,000

Depreciation expense per year = 640,000/7 = $91,428.57

Therefore, depreciation expense for 2019 = $91,428.57

5 0
3 years ago
Working regular hours is a drawback of being a wage earner ..... true or false
Molodets [167]
Yes it is true because those who work their hours or even want more hours are those who are a wage earner. You’ve earned it since you’ve been doing your job like a responsible person and that’s what the company likes
8 0
4 years ago
Read 2 more answers
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