Answer:
C
Explanation:
Price and quantity variances move in the same direction. If one is favorable, the others will be as well. This is because there is a direct relationship between price and quantity. If one is favourable the other is likely to be favourable and if one is adverse the other is likely to be adverse.
Answer:
$80
Explanation:
The Replenish journal entry is shown below:-
Gas expense Dr, $30
Postage expense Dr, $30
Supplies expense Dr, $10
Miscellaneous expenses Dr, $10
To, Cash $80
(Being replenish of fund is recorded)
Therefore cash credited for $80
<span>lower-of-cost-or-market
It is inconsistent because losses are recognized but not gains.
b. It usually understates assets.
c. It can increase future income.
"market" in the lower-of-cost-or-market rule be more than
estimated selling price in the ordinary course of business less reasonably predictable costs of completion and disposal.
Designated market value
is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin
Lower-of-cost-or-market is most conservative if applied to individual items of inventory.
the rationale behind the ceiling when applying the lower-of-cost-or-market method to inventory is to prevent overstatement of the value of obsolete or damaged inventories.</span>
A company that has been in business for much less than twelve months ought to file advertisements with FINRA/10.
An advertisement is a paid promotional tool subsidized by means of a diagnosed sponsor to call public attention to an imparting or a logo. it's a paid promotional device: commercials are paid promotional messages communicated through some mass communication media.
An advertisement refers to a paid form of conversation that promotes a carrier, product, or emblem. marketers use commercials to help agencies reach their targets and increase revenue. It has the desired qualities of strong credibility, high audience attention stages, and friendly audience reception. It capabilities open-ended communique with questions and answers approximately the product, psychological incentives to purchase, memorability, efficiency, and frequency.
Advertising has an easy precept — getting humans interested in a product being offered. After arousing interest, the goal is to persuade human beings to buy the product, although they hadn't formerly idea about buying it. advertisements paintings by using psychology to persuade the way human beings think and feel about products or services.
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