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FinnZ [79.3K]
3 years ago
13

Given the acquisition cost of product ALPHA is $24, the net realizable value for product ALPHA is $23, the normal profit for pro

duct ALPHA is $1.00, and the market value (replacement cost) for product ALPHA is $21, what is the proper per unit inventory value for product ALPHA applying LCM? $23.00. $24.00. $21.00. $22.00.
Business
1 answer:
Novay_Z [31]3 years ago
4 0

Answer:

$22

Explanation:

Given that,

Acquisition cost of product ALPHA = $24

Net realizable value for product ALPHA = $23

Normal profit for product ALPHA = $1.00

Market value (replacement cost) for product ALPHA = $21

By applying LCM, the per unit inventory value is determined by deducting the normal profit from the Net realizable value for product.

Per unit inventory value:

= Net Realizable Value - Normal Profit

= $23 - $1.00

= $22

Therefore, the proper per unit inventory value for product ALPHA applying LCM is $22.00.

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(7,000 × $59) + (-3,000 × $89) = $146,000

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Read Case Study 5:2 Gas or Grouse? in Chapter 5 of your textbook Business Ethics Concepts & Cases (8th Edition) by Manuel G.
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Electronic communication:_____.
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Which of the following distinguishes mediation from negotiation? Group of answer choices vested authority with a third party dec
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Answer:

The correct answer is the last option: Involving a third party.

Explanation:

To begin with, the major difference between the terms of negotiation and mediation is that in the last one there is a third party involved that seeks for the most quickly and benefitial deal for the both parties that are discussing, while in the negotiation there is not a third party and the two parties existing seeks for their own benefits, even if that means to harm the other person in the process of getting the best for one of them. That is why that the mediation needs to use a third party that has to be impartial to the situation and only wants the best for the parties in the conflict.

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When making any type of business you have to register it. I'm making an online store. When I register my website domain does tha
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Answer:

The answer to this question is given below in the explanation section.

Explanation:

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First, we explore registering a business, and then we will explore registering a website.

Registering a business:

In any economy or any country, if you are making any type of business and it is legally approved by that government, then it is your moral duty to register the business because government collect taxes from registered business and give benefit in return to those whose business is registered.

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Registering a business website:

Registering a business website is like to make your online existence that everyone globally approaches you. Registering a business and registering a website, both are different things. Registering a business website, or getting a domain for your site, does not count as registering it. The procedures for registering a business in any country is different than registering or getting a domain name for your website. for example, if I am in Pakistan, and I want to register my website, it might chances that I will register it on Microsoft cloud or google cloud. This registration does not contribute and give benefit to Pakistan in the collection of tax. And the government does not give me incentive as likes others who have registered their business with registration body.

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