Answer: a. Only I
Explanation:
In a sell or process further decision, the only cost that is relevant is the variable production cost that is incurred after split-off.
It should be noted that a split-off is when the parent company of an organization uses specified terms to divests its business unit
The answer is false. Primary demand advertising is any kind
of marketing that fuels the chief demand for an item for consumption. Primary
demand advertising instructs the consumer base about the aids of a whole
product class but in the question it doesn’t. In the problem it is a selective
demand advertising. It pursues to indicate the advantages of one brand of
product above the products of rival companies.
Answer:
What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?
- Product 1: $26 (cost)
- Product 2: $86 (NRV)
- Product 3: $56 (cost)
Explanation:
Product 1 Product 2 Product 3
Cost $26 $96 $56
Selling price $58 $138 $88
Costs to sell $6 $52 $16
net realizable value $52 $86 $72
which is lower? $26 (cost) $86 (NRV) $56 (cost)
the net realizable value = selling price minus any costs associated to the sales process
Collective bargaining is the process by which union representatives negotiate with the management of a firm to secure certain concessions on wages, benefits, job security, or seniority for union members.
Explanation:
Collective bargaining is a mechanism of discussions between the employers as well as a collective of employees who are aimed at arrangements to control salaries, terms of employment, pensions and other compensatory and workers ' rights aspects.
Such form of agreement is a contract of work and is also called a "collective bargaining arrangement" or CBA.
Examples include workplace salaries, hours, insurance, off-time, promotions and administrative issues in a variety of the areas addressed by CBAs involving management and workers.
