Without evidence it’s like saying “trust me bro” you need evidence to support your claims and strengthen your argument.
The lower-of-cost-or-net realizable value can be applied to total inventory, groups of similar items, or to each item. Groups of similar items results in the largest write downs.
What is supposed of inventory?
Inventory refers to all the items, items, merchandise, and substances held by way of a enterprise for promoting within the market to earn a profit. instance: If a newspaper dealer uses a vehicle to supply newspapers to the customers, simplest the newspaper might be considered stock. The automobile could be treated as an asset.
What are inventory items?
Inventory is the objects/products a company has to sell, in addition to the substances had to create those products. The 3 foremost classes of inventory are uncooked materials, paintings-in-progress and finished goods. An example of raw substances inventory would be the magnesium in an alloy wheel.
What's the purpose of inventory?
The primary feature of inventory is to provide operations with an ongoing deliver of materials. To acquire this function effectively, your commercial enterprise ought to try to find a sweet spot among an excessive amount of and too little, with out ever walking out of inventory.
Learn more about inventory here:- brainly.com/question/24868116
#SPJ4
Answer:
It is located mostly in the southern part of Louisiana.
The blufflands have been built up by loess over time.
The prairies include open areas covered with tall grass.
E The blufflands are an area that formed where a river once flowed.
Explanation:
Answer:Exclusive Distribution
Explanation:
As the Honey Farms is making the Finest Chocolates, therefore, they will go for Exclusive Distribution to distribute their new Product.
Exclusive Distribution as the name suggests is an agreement between the manufacturer and Distributor that the manufacturer will not sell their Product to anyone else and will sell only to the exclusive distributor.
It can help the manufacturer in the following ways
- Focus: Company is more Focused as it no longer needs to worry about the distribution of products.
- Control: As the distributor is dependent on the manufacturer so the company is in complete control.
- Inventory: Exclusive distribution allows the manufacturer to store a large amount of inventory.
