Answer:
Answer for the question:
Crane Company uses the LCNRV method, on an individual item basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item D Item E Item F Item G Item H Item I Estimated selling price $122 $112 $97 $92 $112 $92 Cost 77 82 82 82 51 37 Cost to complete 31 31 26 36 31 31 Selling costs 10 18 10 20 10 20 Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items above.
is given in the attachment.
Explanation:
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The strength of bargaining power forces depends on the availability of substitutes and <span>the relative size of the firm </span>compared to the size of suppliers or customers.
Answer: D. supervisors gain experience in and are accountable for solving problems in their work units.
Explanation:
A chain of command is necessary in business because it diversifies authority such that decisions can be made faster.
It works by dividing employees into units which will answer to a manager. That manager will make decisions for the unit and this leads to decisions being made faster because everybody wouldn't have to go to upper management when they already have a manager.
Supervisors/ managers of these units are therefore accountable for their units and will gain experience from being so.
Answer:
- what amount should Dart report as total revenues?
B. $250,000
Explanation:
The option B is the answer because the others option are not part of revenues during the year to the single step income.
The recovery of accounts written off are not part of revenues, it's an adjustment to the allowance for uncollectible accounts.
Then, the Purchase discounts is not part of revenues either, this kind of discounts goes directly to the valuation of inventory and then to the cost of goods.
Answer: Registered Bonds
Explanation:
A registered bond is one that has the owner's name and contact information recorded by the issuer so as to ensure that interest payments depending on the bond terms are rightly given out and also to track claims to coupons.The two ways bonds can be registered and transferred
1. Physically by printing owners details at the back of the certificate and BY signing or endorsing a certificate during transfer of bonds,
2. Electronically bY recording on a system database for ownership claim and for transfer of bonds.
The opposite of a Registered bond is a Bearer bond, Here, the owner"s details and information are not recorded.
