What is the primary reason for using career clusters

Forester Company has five products in its inventory. Information about the December 31, 2021, inventory follows. Product Quantit

zaharov [31]

Answer:

A)

A 1,000 x $26.00 = $ 26,000

B 500 x $30.60 = $ 15,300

C 900 x $ 19.00 = $ 17,100

D 900 x $ 19.80 = $ 17,820

E 800 x $26.10 = $ 20,880

Total $ 97,100

B)

102,240

C)

Write-down at NRV 1,060 debit

Inventory 1,060 credit

Explanation:

We have to calculate the net realizable value(NRV) for each item and compare with the historic cost:

Units// Cost /// NRV

A 1,000 $ 26 $ 32(1 - 0.1) = 28.8

B 500 $ 31 $ 34(1-0.1) = 30.60

C 900 $ 19 $ 24(1-0.1) = 21.60

D 900 $ 23 $ 22(1-0.1) = 19.80

E 800 $ 30 $ 29(1-0.1) = 26.10

We will always pick the lowest to valuate the goods:

A 1,000 x $26.00 = $ 26,000

B 500 x $30.60 = $ 15,300

C 900 x $ 19.00 = $ 17,100

D 900 x $ 19.80 = $ 17,820

E 800 x $26.10 = $ 20,880

Total $ 97,100

Total Cost:

1,000 x 26

+ 500 x 31

+ 900 x 19

+ 900 x 23

+ 800 x 30

103,300

Total NRV

1,000 x 28.80

+ 500 x 30.60

+ 900 x 21.60

+ 900 x 19.80

+ 800 x 26.10

102,240

Comparing at the entire inventory level we get the following adjustment

103,300 - 102,240 = 1,060

4 0

3 years ago

Would you measure the length of a bench in centimeter or in meters

givi [52]

It would be meters if it is like a city bench. If it is smaller than a city bench then Centimeters.

8 0

3 years ago

Mycenae is a simple Cobb-Douglas agricultural economy with constant returns to scale and competitive markets. Land and labor eac

Gekata [30.6K]

The term Growth refers to the process of Growing.It can also refer to an increase in size,number or strength

Explanation:

A growth strategy that aims at the expansion of inputs like capital accumulation,labor force which result in the growth of the aggregate output is referred to as the Extensive Growth Strategy.

In the above question we can see that the labour supply has increased by 2% ,in simple words their has been an expansion in the labor force by 2%.Thus the growth was mostly Extensive Growth

8 0

3 years ago

9. An amount spent for an item that a person could do without is a(n)

DedPeter [7]

C. Discretionary is something purchased that is not necessary. You have the decision to buy or not buy. You might want it, but do. Not NEED it.

4 0

3 years ago

Suppose that a small company that makes a standardized product is experiencing an increase in sales even though it has a small g

elena-s [515]

Answer: b. a centralized functional structure

Explanation:

Cost Leadership refers to a situation where a company is better at cost management that other companies in the industry. If a company can produce at a lower cost, they can capture more market share and be more profitable.

When a company wants to engage in cost Leadership one of the best structures to adopt is the Centralised functional structure. This is when decisions are usually made at a top management level in a company that is divided by functions such as Information Technology, Sales, Marketing etc.

By making the structure centralised, the company can make Standardised products on a company wide basis which is very effective in cost saving as the company is able to plan better and spend less because they will be buying resources and producing in bulk. That advantage from Economies of Scale will keep their costs low.

8 0

3 years ago