The total number of items that the company carries within its product lines refers to the __________

Cobe Company has already manufactured 21,000 units of Product A at a cost of $15 per unit. The 21,000 units can be sold at this

bezimeni [28]

Answer and Explanation:

The computation is shown below;

Particulars Sell process further

sales $450,000 $1,209,000

Relevant cost

Process further cost $0 $290,000

Less: Total relevant cost $0 $290,000

Income $450,000 $629,000

Incremental income $179,000

The $1,372,000 is come from

= 5,800 units × $105 + 12,000 units × $50

= $609,000 + $600,000

= $1,209,000

Hence, the company should process further

7 0

3 years ago

An attractive industry is one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, l

lord [1]

Answer:

False.

Explanation:

An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.

An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.

5 0

3 years ago

Gard Inc. has compiled the following information related to its five products. Costs of disposal are estimated to be 10% of sell

Ber [7]

Answer:

Item Inventory at the lower-of-cost-or-market

#1 $214.50

#2 $240.00

#3 $266.50

#4 $315.00

#5 $422.50

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question. See attached pdf file for the complete question.

Also note: See the attached excel file for the determination of the value of inventory by applying the lower-of-cost-or-market rule.

From the attached excel file, we have:

Item Inventory at the lower-of-cost-or-market

#1 $214.50

#2 $240.00

#3 $266.50

#4 $315.00

#5 $422.50

Download xlsx

4 0

3 years ago

Do you think Instagram’s main goal is to connect you with friends and family or brands? Why?

loris [4]

I think it’s a platform that helps all people connect with their family but you can also use it for business purposes

6 0

4 years ago

Qs 3-2 computing accrual and cash income lo c1 in its first year of operations, roma co. earned $64,000 in revenues and received

zmey [24]

Answer:

$17,600 ; $29,000

Explanation:

The computation of the net income is shown below:

Based on Cash basis

= Received cash - Expenses incurred in cash - prepaid expenses

= $56,000 - $26,900 - $11,500

= $17,600

Based on Accrual basis

= Revenue earned - expenses incurred

= $64,000 - $35,000

= $29,000

The cash expenses incurred is

= $35,000 - $8,100

= $26,900

5 0

3 years ago

The total number of items that the company carries within its product lines refers to the ___________ of the product mix.