1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maksim [4K]
3 years ago
14

Presented below is information related to Rembrandt Inc.’s inventory. (per unit) Skis Boots Parkas Historical cost $190.00 $106.

00 $53.00 Selling price 212.00 145.00 73.75 Cost to sell 19.00 8.00 2.50 Cost to complete 32.00 29.00 21.25 Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV. (Round answers to 2 decimal places, e.g. 52.75.)
Business
1 answer:
dybincka [34]3 years ago
7 0

Answer:

A.Skis = 161.00

Boots = 108

Parkas = 50

B) Skis = 161

Boots = 106

Parkas = 50

Explanation:

(a)Skis = 212.00-32.00-19.00= 161.00

Boots = 145-29-8= 108

Parkas = 73.75-21.25-2.5=50

(b)Skis = 161

Boots = 106

Parkas = 50

You might be interested in
41 had investments in stock funds 91 had investments in bond funds 60 had investments in money market funds 47 had investments i
Evgesh-ka [11]

Answer:

The answer is "22 and 80"

Explanation:

The important part is to understand how the Venn diagram can assist you with your numbers.

You cannot draw this one, and you can create one as follows:

the 3 sorts of funding, then make your way back thru the list

this is the figure in the center - "22 had all 3 funds"

where the four dimensions meet. In the next three statements, you'll be able to:

Work out where 2 circles connect (remember all 22 of those circles are connected).

That's because the numerals have been already placed throughout the center zone.

bond & money market solenoid valves at a ratio of 36-22=14

36-22=14 as to where the corporate market and the term deposit intersect

47-22=25 as to where equities and bonds connect You can use the top 3 statements to work out all the values in a table.

(Set of) just one circle (circle)

for stock the number is 141-(22+14+25)=80

for the bond, the number is91-(22+14+25)=30

for the money market, the number is 60-(22+14+14)=10

(universal set) Lastly, get the number that goes into the rectangle.

\to 200-(80+30+10+25+14+14+22)=5

a) 22\\b) 80

7 0
3 years ago
Hackers who intend to profit from their actions are motivated by:
zalisa [80]
<span>Hackers who intend to profit from their actions are motivated by money. Those who hack electronics/items in the means to collect profit from doing so are motivated by money. Money is their driving force to hack the item they were told to. </span>
5 0
3 years ago
Telecom Company is preparing its annual budgeted income statement. What is the best place to locate the amount of interest expen
anyanavicka [17]

Answer: d. Cash Budget

Explanation:

The Cash budget is used to project the company's expected position in terms of the cash it holds in the future. As such, the budget contains both cash receipts and cash disbursements.

Some of the disbursements include expenses and loan payments. The loan payments are where the interest expense will be found for the coming year.

5 0
3 years ago
uppose you buy a bond with a coupon of 7.8 percent today for $1,080. The bond has 5 years to maturity. Assume interest payments
Mariulka [41]

Answer:

45.58%

Explanation:

Rate of return is the expected gain or loss on an investment, over a specific time period. It is derived as a percentage of the investment's original value or cost.

ROR = [CV - IV]/ IV × 100

CV is the current value of the investment (value at the end of the investment period)

IV is the initial value of the investment.

Note also, the assumption that interest payments are reinvested.

At the end of year 1, interest payment is $1,164.24

End of year 2 - $1,255.05

End of year 3 - $1,352.95

End of year 4 - $1,458.48

End of year 5 - $1,572.24

[Interest rate - 7.8%]

ROR = (1572.24 - 1080)/1080 × 100

ROR = 45.58%

5 0
3 years ago
1. The Cozy Company manufactures slippers and sells them at $ 10 a pair. Variable manufacturing cost is $ 5.75 a​ pair, and allo
nadya68 [22]

Answer:

(b) $ 43,750 ​increase

Explanation:

The computation of the effect on operating income is shown below:

= Contribution margin per unit × special order

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $7.50 - $5.75

= $1.75

And, the special order is of 25,000 pairs

Now put these values to the above formula  

So, the value would equal to

= $1.75 × 25,000 pairs

= $43,750

The fixed cost would remain unchanged.

6 0
3 years ago
Other questions:
  • In a continuous review system, the inventory level for an item is constantly monitored, and when the reorder point is reached, a
    12·1 answer
  • A 14 kg cannon ball is fired from a cannon with muzzle speed of 1319 m/s at an angle of 19.1 ◦ with the horizontal. The accelera
    7·1 answer
  • When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this ma
    6·1 answer
  • Which of the following statements is a characteristic particular to the postindustrial economy?
    12·1 answer
  • A clothing store has ordered 100,000 swimsuits. It costs $22 to produce a swimsuit. They plan to sell them until August 31 at a
    12·1 answer
  • How to succeed in business?
    9·1 answer
  • A man buys a racehorse for ​$20 comma 00020,000 and enters it in two races. He plans to sell the horse​ afterward, hoping to mak
    11·1 answer
  • Ranch Company estimates warranty expense as 5% of sales. On January 1, warranties payable was $13,000. During the year Ranch pai
    6·1 answer
  • What types of experiences, especially staffingrelated ones, will an organ ization be likely to have if it does not engage in hr
    6·1 answer
  • from accessibility improvement to land development: a comparative study on the impacts of madrid-seville high-speed rail.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!