Answer:
A
Explanation:
the price of product will increase
Or think about it it’s easy
Answer:
Adjustment entry:
Cost of goods Sold A/c Dr. $85
To Inventory $85
Explanation:
As for the provided information, using specific identity method, both goods are considered different and evaluated separately:
Goods A
Cost = $660, Net realizable value = $670
Therefore, it will be valued at cost of $595, thus, no adjustment required.
Goods B
Cost = $595, Net Realizable Value = $510
Thus, it will be valued at net realizable value.
The difference that is $595 - $510 = $85 will be written off from inventory and will be charged to cost of goods sold.
Entry will be:
Cost of goods Sold A/c Dr. $85
To Inventory $85
This will reduce the balance of inventory by $85, and will follow lower of cost or Net Realizable Value method.
The appropriate response is human microbiomes. The microbiome is characterized as the aggregate genomes of the organisms that live inside and on the human body. We have around 10 fold the number of microbial cells as human cells.
The human microbiota comprises of the 10-100 trillion harmonious microbial cells harbored by every individual, principally microorganisms in the gut; the human microbiome comprises of the qualities these cells harbor
