Answer:
$296,640
Explanation:
The ending inventory cost is valued using the material cost and the conversion cost.
Where the conversion is yet to be completed, the value of the work in progress is added to that of the raw materials to get the ending inventory value.
Hence,
ending inventory balance = ($4 × 30900) + ($8 × 30900 × 0.7)
= $296,640
Answer:
C. Prices in the country Increase
Explanation:
Inflation describes the general increase in prices in a country over time. Prices tend to rise with the increase in economic growth. A high economic growth rate implies that prices will increase at a high rate.
The Inflation rate is measured by assessing changes in the prices of products and services representing people's consumption. A rise in the inflation rate indicates a general increase in prices.
The shares of stock of the firm are to be treated as independent when there are specific risk attached to them.
Given an incomplete sentence related to insurance principle.
We are required to fill the blank with appropriate word so that the sentence gives appropriate meaning.
The appropriate word which will fit is independent.
Insurance is basically protection from financial loss. It is the form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An institution which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter.
Because the shares of stock are different so the company needs to get insurance of each types of shares individually.
Hence the insurance principle relies on the idea that firm-specific risk among different shares of stock is independent.
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Answer:
The correct answer is reverse logistics.
Explanation:
Reverse logistics is responsible for the recovery and recycling of packaging, packaging and hazardous waste; as well as the processes of return of excess inventory, customer returns, obsolete products and seasonal inventories. It is a way of return for materials that are reused, recycled or destroyed.
Logistics also evolves and adapts to the needs that the sector gradually has. This type of logistics was born to help care for the environment, an increasingly important need in the sector.