Compared to attending a technical school, completing a four-year college degree allows you to

Concord Corporation developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-va

scZoUnD [109]

Answer:

the value of the inventory reported is $280,000

Explanation:

The computation of the inventory reported on the balance sheet is shown below:

As we know that the inventory should be recorded at lower cost of cost or market value. So here the same is applied

= Lower amount of market A + Lower amount of market B + Lower amount of market C

= $91,000 + $61,000 + $128,000

= $280,000

hence, the value of the inventory reported is $280,000

3 0

3 years ago

8. In the next year, Bill again, earned $55,000 gross income. He purchased a house Jan 1st 2015, for $187,500. He put down 20% d

shusha [124]

Answer:

The monthly payment due will be $18750.

Explanation:

6 0

3 years ago

When there is a technological advance in the ice cream industry, consumer surplus in that market will?

Nina [5.8K]

When there is a technological advance in the ice cream industry, consumer surplus in that market will increase.

Technology is the result of accumulated knowledge and the application of skills, methods, and processes used in industrial production and scientific research. Technology is embedded in the operation of all mechanical and electronic devices, with or without detailed knowledge of their function, for the intended purpose of an organization. The technology of society consists of so-called systems. A system works by taking input, modifying that input through what is called a process, and producing a result that achieves the intended purpose of the system.

The earliest and simplest form of technology is the development of knowledge leading to the application of basic tools. The prehistoric invention of carved stone tools and the discovery of ways to control fire increased the food sources available to humans. This led to mobile technologies that helped exchange information and raw materials more quickly. Humanity then proceeded to develop the printing press, telephones, computers, and the Internet.

Learn more about technology here: brainly.com/question/25110079

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6 0

2 years ago

Mark Weinstein has been working on an advanced technology in laser eye surgery. His technology will be available in the near ter

Licemer1 [7]

Answer:

PV=148135,68

Explanation:

PV Present Value

CF Cash Flow

r the periodic rate of return

n Number of periods

PV= CF/(1+r)n

PV= 176000/(1+9%)2

PV=148135,68

7 0

3 years ago

Current information for the Healey Company follows:Beginning raw materials inventory $15,200 Raw material purchases 60,000Ending

suter [353]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning raw materials inventory $15,200

Raw material purchases 60,000

Ending raw materials inventory 16,600

Total direct material used during the period= (15,200 + 60,000 - 16,600)= $58,600

Beginning work in process inventory 22,400

Ending work in process inventory 28,000

Direct labor 42,800

Total factory overhead 30,000

To calculate the cost of goods manufactured we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 22,400 + 58,600 + 42,800 + 30,000 - 28,000= $125,800

3 0

4 years ago