Answer:
Ending Inventory = $10,000
Explanation:
Calculating the ending inventory using the lower of cost and net realizable value (NRV):
It means we have to take the inventory cost, which is lower between the original cost and net realizable value. Therefore, for Model A -
Inventory Quantity × Unit Cost (Cost or NRV which is lower) = Total ending inventory cost
100 × $ 100 = $10,000
(We have used the original cost as it is lower than NRV cost)
According to the eclectic paradigm, <u>the monetary</u> is/ are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.
The eclectic paradigm takes a holistic technique to analyze entire relationships and interactions of the various additives of an enterprise. The intention is to determine if a particular method presents a greater universal fee than another to be had country-wide or global choices for the manufacturing of goods or services.
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Answer:
Production budget for First quarter= 16,500 units
Explanation:
<em>The production budgeted for a particular period is the expected units to be produced after adjusting the sales budget figures for opening and closing inventories. </em>
Production = Sales volume + closing inventory - opening inventory
Closing inventory = 20% × second quarter sales
= 20% × 20,000 = 4,000 units
<em />
<em>Production budget for the first quarter</em>
=17,000 + 4000 -4500
= 16,500 units
The CPA or Certified Public Accountant's report should <u>state that the CPA performed procedures to evaluate management assumptions</u> when they examine a client's projected financial statements.
CPAs are public accountants who are licensed to practice their profession publicly and must always comply with the government's taxation practices and provisions of Statements on Standards for Accounting and Review Services.
Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.
Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.
Curious about Code of Ethics for CPAs? Read here: brainly.com/question/28198157
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