the field that is most knowledgeable
The total Lower of Cost or Market is $38870.
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What is Lower of Cost or Market?</u></h3>
- Companies using U.S. GAAP must value their inventories using the lower of cost or market (LCM) technique.
- The lower of the original cost or market value is used to value inventory in the lower of cost or market approach, as the name suggests.
We have,
Mountain Bikes: 15 units, cost: $710, market: $660, total cost: $10,650, total market: $9900, LCM: $9900
Skateboards: 20 units, cost: $260, market: $290, total cost: $7800, total market: $8700, LCM: $7800
Gliders: 29 units, cost: $810, market: $730, total cost: $23490, total market: $21170, LCM: $21170
Total cost: $41940
Total market: $39770
Total LCM: $38870
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Answer:
Class consciousness
Explanation:
Class consciousness is when someone is aware of his or her place within a social class. It is a situation whereby someone is aware of their social or economic class in comparison to others and in understanding the class such belongs to in the society. Class consciousness was an idea of Marxist theory a social thinker.
Answer:
a strong vertical structure to one emphasizing stronger horizontal coordination
Explanation:
Since in the question, it is mentioned that the for rapidly growing of the company leads to change its structure also the employees grouping could be done in different team this is to be done due to improvement in the cost, quality, service, speed, etc
So here the company shifted it from a strong vertical structure to the horizontal as the changes are made that became beneficial for the company
Answer:
Engineering is the application of science and math to solve problems. Engineers figure out how things work and find practical uses for scientific discoveries. Scientists and inventors often get the credit for innovations that advance the human condition, but it is engineers who are instrumental in making those innovations available to the world. Engineers design, evaluate, develop, test, modify, install, inspect and maintain a wide variety of products and systems. They also recommend and specify materials and processes, supervise manufacturing and construction, conduct failure analysis, provide consulting services and teach engineering courses in colleges and universities.
