Answer:
See explanation section
Explanation:
Give
The cost value for each of the inventory item is as follows:
Product Cost Price
D $88
E $94
F $94
G $94
H $59
I $42
Now, we determine the net realizable value for each of the product:
Net Realizable Value = Selling price - Cost to compete - Selling costs
Product Net Realizable Value
D $93
E $73
F $70
G $41
H $82
I $47
Now, using the LCNRV (Lower of cost or Net Realizable Value) rule, the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items -
Product LCNRV
D $88
E $73
F $70
G $41
H $59
I $42
Answer:
The company's worth is $24,420,000 if it is financed entirely by equity
Explanation:
The value of the company if financed entirely by equity is the perpetual cash flows that can be derived from the company using the required rate of return on the company's un-levered equity at 15%.
Sales $18,500,000
Variable costs(70%*$18,500,000) ($12,950,000)
EBIT $5,550,000
tax at 34%(34%*$5,550,000) ($1,887,000)
Net income $3,663,000.
Company's worth= $3,663,000/15%
=$24,420,000
Answer:
Option (b) is correct.
Explanation:
In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.
If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.
There are some characterstics of the firms under pure competition market condition:
(i) They are selling homogeneous products.
(ii) Price taker firms
(iii) Large no. of buyers and sellers
Answer:
Doing the right task is known in management as performance.
Explanation:
Management ensures that the right tasks are performed by coordinating the various activities that help it to achieve goals. It also plans the right tasks to be carried out in order to achieve set goals and objectives. In doing all these, it also considers the cost and benefit to be incurred and derived respectively from executing its responsibilities. Management is always interested in minimizing costs while maximizing benefits. Management is also concerned with efficiency, by which it minimizes the wastage of resources (such as time, money, and efforts) and ensures optimum utilization of all its resources.
Answer:
correct option is a. $36,000
Explanation:
given data
labor cost = $360,000
move material per year = 600,000 pounds
to find out
material handling cost
solution
we find here first Labor Cost per pound of material that is express as
Labor Cost per pound of material = Labor Cost ÷ Number of Pounds of material .......................1
Labor Cost per pound of material = 
Labor Cost per pound of material = $ .6 per pound of material
=360000/600000= $0.6 per pound of material
so we can say that 60000 pounds are moved in March so cost will be
60000 pounds are move cost = 60000 × $0.6
60000 pounds are move cost = $36000
so correct option is a. $36,000
