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lilavasa [31]
3 years ago
6

When the supplies are endless prices tend to do what?

Business
2 answers:
sergiy2304 [10]3 years ago
6 0
Prices tend to drop when supply increase. More rare or hard to get something is (with high demand) then the pricier it is.
NISA [10]3 years ago
6 0

For Apex it is Decrease!!!!

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having a cheerful, positive demeanor and respectful comments.

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Manufacturing overhead has an underallocated balance of $12,400; raw materials inventory balance is $145,500; work in process in
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$182,900

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2 years ago
Shopping online allows customers to compare prices of many goods and services. This technology will likely:
Murljashka [212]

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3 years ago
Wilson Animal Feeds has developed the following data to calculate lower of cost or market for its products.
NeX [460]

Answer:

The total reported inventory value is $1,130.

Explanation:

Note: The data given the question are sorted and presented properly as follows:

                                    <u> Selling Price  </u>         <u>    Cost    </u>

Large animals:                  

Cattle                                     $320                    $160

Horse                                      400                      400

Small animals:

Cat                                         $360                  $320

Dog                                          120                       90

Exotic pets:

Ferret                                     $140                    $112

Iguana                                       70                      48

Based on the lower of cost and net realizable value rule, we select the lower and determine the reported inventory value as follows:

<u>Details                                        Value ($)   </u>

Large animals:

Cattle                                            160

Horse                                            400

Small animals:

Cat                                                320

Dog                                                90

Exotic pets:

Ferret                                             112

Iguana                                        <u>    48    </u>

Total value                              <u>    1,130   </u>

Therefore, the total reported inventory value is $1,130.

6 0
3 years ago
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