The marketing of services differs from product marketing because of the four fundamental differences involved in services: services are intangible, inseparable, heterogeneous, and perishable
Answer:
$2,600
Explanation:
As we know that the inventory should be recorded at a cost or market value which ever is lower
In the given case,
The cost is
= 200 units ×$16 per unit
= $3,200
And, the market value is
= 200 units × $13 per unit
= $2,600
So as we can see that the lower value is $2,600 and the same is to be reported on the balance sheet
You should tap the breaks repeatedly and pull over
Answer:
25,768
Explanation:
The square root rule of inventory states that the average inventory level can be calculated by multiplying the total inventory by the square root of the number of future warehouses divided by the number of the current warehouses.It's purpose is to estimate the effect of risk pooling.
Workings
X2 =( X1)* ( N2/N1)
Inventory per warehouse = 4000
No of Warehouse = 5
To inventory = 4000*5 = 20,0000
New no of Ware house = 3
20000(√5/3)=
20000*1.29=25,768
Answer:
D
Explanation:
Cannot be derived from the given data/information provided.
