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Sophie [7]
3 years ago
15

Regardless of the inventory cost flow assumption used, inventories on the balance sheet are stated at: A. the lower of cost or m

arket. B. the higher of cost or market. C. original cost. D. realizable value.
Business
1 answer:
lys-0071 [83]3 years ago
5 0

Answer:

A. the lower of cost or market

Explanation:

  • Regardless of the inventory cost the flow assumption that that is used to show the invention of the balance sheets is stated in the lower order of the cost to the market and that the cost on an inventory item changes form the time it's acquired or sold.
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Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's
katrin2010 [14]

Answer:

$50,820

Explanation:

Current Variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead + Variable selling and administrative expense

= $43.10 + $8.20 + $1.20 + $2.00 = $54.50 per unit  

Variable cost per unit for special order = $54.50 - $1.30 = $53.20 per unit  

Selling price per unit for special order = $77.40 per unit  

Contribution margin per unit for special order = $77.40 - $53.20 = $24.20 per unit  

Number of units for Special order = 2,100 units  

Monthly financial advantage for special order = $24.20 * 2,100 units = $50,820

Hope this helps!

7 0
4 years ago
Frannie Fans currently manufactures ceiling fans that include remotes to operate them. The current cost to manufacture 10,300 re
DerKrebs [107]

Answer:

Explanation:

this is called make or buy decision, in this prblem we consider the that are directly related to product which can be avoided by purchasin g from other supplier instead producing it, fix cost irrelevant cost because they will occur whether or not company make production of items.

lets solve the problem as follows

Total Variable Cost :

Material                                66950

Labor                                    56650

Variable O.H                        30900

Total                                     154500

Remotes =  10300

Cost per unit Excluding fix cost=  154500/10300 = 15

Cost per unit Including fix cost=  206000/10300 = 20

1.cost between making and buying the remotes if none of the fixed costs can be avoided

Making Cost =                20

Buying Cost  =                18  

Differrence   =                 2

Net income If purchase from outside = 2*10300 = 20600

2. if $20,600 of the fixed costs can be avoided.

Total Cost       =  206000    

Cost avoided   =  -20600

Net Cost          =   185400

Cost per units = 185400/10300 = 18

the cost of making and buying is equal due to decrease fix cost by 20600.

Change in net income = 20600

3.

Rental Income = 20600

Fix Cost save  =20600

                           41200

5 0
4 years ago
Present difficult (acquisition) tasks approximately _________ percent of the time.
SOVA2 [1]
<span>20 percent is the proper rate to give difficult tasks. This allows the student to still be able to master most of the tasks easily, while challenging them at a rate that does not overwhelm them and discourage them from wanting to learn the materials.</span>
4 0
4 years ago
A business formation is also known as:
Iteru [2.4K]

Business formation is also known as: a business attraction

5 0
3 years ago
Read 2 more answers
if you have raw or undercooked items on the menu, how can you advise customers of the risk of eating them? by having service sta
Pepsi [2]

Answer:

B)By posting a sign in the establishment

<h3>What food may increase your risk of foodborne illness if not cooked?</h3>
  • “Consuming raw or undercooked meats, poultry, seafood, shellfish, or eggs may increase your risk of foodborne illness.”
  • “Consuming raw or undercooked meats, poultry, seafood, shellfish, or eggs may increase your risk of foodborne illness, especially if you have certain medical conditions.”

To  learn more about it, refer

to brainly.com/question/26106218

#SPJ4

8 0
1 year ago
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