Answer:
$64,000
Explanation:
product cost data market data lower of cost or market
ipod 24,000 20,400 20,400
cell phone 18,000 19,000 18,000
DVDs 28,000 25,600 25,600
ending inventory = 20,400 + 18,000 + 25,600
= $64,000
Therefore, The value of the ending inventory is $64,000
Answer:
Depletion
Explanation:
The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called Depletion
A conflict is disagreement or argument. The impact can cause a multitude of problems such as loss of company profit, employee performance/growth and drama
Answer:
The answer is 51,500 units
Explanation:
Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.
Break-even sales is:
Fixed cost/contribution margin.
Where contribution margin is sales price per unit minus variable cost per unit.
In the question, variable cost are decreased by $3.
So the new variable cost is $21 - $3
=$18.
Contribution margin is $24 -$18
$6
Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:
$309,000/$6
=51,500 units
Answer:
E. statistical quality control.
Explanation:
Shewhart has contributed his great services towards Quality control through valuable research and its results, lectures and by publishing highly informative books. He also worked as a fellow member in American Statistical Association and International Statistical Institute.
Therefore, Walter Shewhart is listed among the important people of operations management because of his contributions to statistical quality control.