1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Setler79 [48]
3 years ago
10

Carla Vista Company sells product 2005WSC for $130 per unit. The cost of one unit of 2005WSC is $127, and the replacement cost i

s $126. The estimated cost to dispose of a unit is $6, and the normal profit is 40% of selling price. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market?
Business
1 answer:
Alexxx [7]3 years ago
7 0

Answer:

Product 2005WSC  should be reported at $127

Explanation:

Using the lower-of-cost-or-market, Carla Vista Company reports its Inventory at the <em>lower of</em> cost and net realizable value at the end of its financial period.

Cost per unit of 2005WSC is $ 127 (given)

<u>Net realizable value </u><u>per unit of 2005WSC is :</u>

Selling Price ( $127 × 1.40)                   $177.80

Less Estimated Cost to Sell                 ($6.00)

Net realizable value                           $ 171.80

<u>Conclusion :</u>

Therefore, the lower is Cost at $127

Thus product 2005WSC  is measured at $127

You might be interested in
A substitute is standing at the halfway line waiting to enter the match at the next stoppage of play. the ball has gone over the
lilavasa [31]

Yes, those who are not currently active in the game, even a substitute must wait until they are cleared to enter the game to take the throw-in. There are only a certain amount of players allowed to be on the court at any given time and therefor they must make sure the person they are substituting for has left.

6 0
3 years ago
Ezra runs a gyro stall at the local farmers' market. He would like to expand and open his own shop downtown. He has made the cha
Kaylis [27]

Answer: Economic choices result in trade-offs.

Explanation:

The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.

For instance, in order to expand, you will need to take on more financial risk. In that same vein, in order to serve more people, you will have to divide time between two stalls and might end up closing a stall.

Trade-offs simply have to be made.

7 0
3 years ago
Nolte Co. has 4,800,000 shares of common stock outstanding on December 31, 2012. An additional 200,000 shares are issued on Apri
12345 [234]

Answer:

5,110,000 and 5,170,000.

Explanation:

earnings per share EPS = (net income - preferred dividends) / weighted average of outstanding shares

  • 4,800,000 at the beginning of the year
  • 200,000 issued April 1 = 200,000 x 9/12 = 150,000
  • 480,000 issued September 1 = 480,000 x 4/12 = 160,000

weighted average outstanding shares = 4,800,000 + 150,00 + 160,000 = 5,110,000

diluted shares = ($6,000,000 / $1,000) x 40 x 3/12 = 60,000

diluted EPS = (net income - preferred dividends) / (weighted average of outstanding shares + diluted shares)

weighted average of outstanding shares + diluted shares = 5,110,000 + 60,000 = 5,170,000 shares

4 0
3 years ago
Governments may create to discourage companies from producing negative externalities.
denpristay [2]
By removing them i believe
8 0
4 years ago
Read 2 more answers
In business, it is important to establish your _____ from your first day on the job
Alchen [17]

In business, it is important to establish your credibility from your first day on the job.

Gaining a reputation enables you to speak more persuasively and with greater ease. Work results and financial success are significantly impacted by the degree of trust in working relationships.

<h3>Why is it important to gain credibility?</h3>

Employee mistrust and disengagement are caused by ineffective leadership, which affects the organization's revenue as well as its reputation. According to studies, a leader's trustworthiness affects employee engagement, which in turn affects the performance and productivity of the firm.

your well-deserved reputation as a reliable person who does their work well cares about the people they work with and for, upholds high moral standards and values both personally and professionally, and keeps their word. The extent to which others trust or believe in you is referred to as credibility.

Learn more about credibility here:

brainly.com/question/8669599

#SPJ1

7 0
1 year ago
Other questions:
  • Brand ambassadors are volunteers spreading a company's brand message, while brand evangelists are paid employees using potential
    14·1 answer
  • Let R^2 unrestricted and R^2 restricted be 0.4366 and 0.4149 respectively. The difference between the unrestricted and the restr
    12·1 answer
  • Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will ______. T
    9·1 answer
  • Bearcat Construction begins operations in March and has the following transactions.
    10·1 answer
  • According to the Capital Asset Pricing Model (CAPM), correctly priced securities:
    7·1 answer
  • 20 POINTS! Accounting Help!!! &lt;3
    5·1 answer
  • Phil has been working on a new version of his company's best-selling sales management software and now he'd like to ask several
    5·1 answer
  • What are the key choices a company must make before reaching the final decision to go global?
    12·1 answer
  • A certificate of deposit pays a higher interest rate than a savings account because the money is
    11·1 answer
  • refer to figure 13-5. which of the following statements is correct?group of answer choicesmarginal cost is rising for quantities
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!