Answer:
$352,000
Explanation:
The computation is shown below:
Product Net realizable value Cost LCNRV
A $129,000 $126,000 $126,000
B $80,000 $72,000 $72,000
C $154,000 $155,000 $154,000
Total value of the inventory $352,000
This is the answer but the same is not provided in the given options
Answer:
Sliding
Explanation:
Sliding is a term connected with a Sliding Scale which is a process of adjusting the amount that you pay according to different conditions. That's exactly what Sari is doing.
Oracle is a Database application
Answer:
$500 favorable
Explanation:
Given;
Number of units produced = 10,800 units
Actual indirect material costs = $13,000
Reflected indirect material costs for 144,000 units = $180,000
Now,
Per unit reflected indirect material costs = $180,000 ÷ 144,000
= $1.25 per unit
Therefore,
Budgeted indirect material cost for actual units produced
= $1.25 × 10,800
= $13,500
since,
the budgeted cost for indirect material cost for actual units produced is more than the actual indirect material cost, therefore
the indirect material costs in October is favorable
amount = Budgeted cost - Actual cost
= $13,500 - $13,000 = $500 favorable
