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
Nina [5.8K]
3 years ago
9

Given the acquisition cost of product Z is $43, the net realizable value for product Z is $37, the normal profit for product Z i

s $2, and the market value (replacement cost) for product Z is $38, what is the proper per unit inventory value for product Z applying LCM? $37. $35. $38. $43.
Business
1 answer:
Gnom [1K]3 years ago
7 0

Answer:

proper per unit inventory value for product Z applying LCM is $38

Explanation:

given data

cost of product Z  = $43

net realizable value product Z = $37

normal profit for product Z = $2

market value product Z = $38

solution

first we get here difference between Net realizable value and  profit that is

Net realizable value - normal profit

= $37  - $2

= $35

so here now we get proper per unit inventory is

proper per unit inventory = lower of cost or market value

so here market value product Z is lower so

proper per unit inventory value for product Z applying LCM is $38

You might be interested in
Kodak's film business didn't lose out to direct competitor Fujifilm; it lost out to Sony, Canon, and other digital camera makers
Kitty [74]

Answer:

The answer is D) competitor myopia

Explanation:

Competitive myopia is defined as a focus on a competitor or rival that is so intense that it causes distraction from larger strategic threats or opportunities.

4 0
3 years ago
What does a broker do if the buyer of an industrial complex wants the earnest money to be placed in an interest bearing trust ac
krek1111 [17]

Answer:

In that case, Prior to executing the purchaser's requirements about the earnest deposit and incentive distribution, the brokers must get written authorization from the seller.

If the purchaser wants the commitment money to generate interest. On provide interests to the buyer's earnest money, the broker must first obtain approval from the seller. Other alternatives are wrong since the broker does not enable you to make your own decisions.

7 0
3 years ago
1. Which of the following statements is false?
Kipish [7]

Answer:

D

Explanation:

Can I get marked Brainliest

5 0
3 years ago
Simone started the meeting at BCD Co. by focusing the attendees on the company's current status. "We have a good product mix," s
WINSTONCH [101]

Answer:

Market development

Explanation:

Market development can be described as a marketing strategy in which new market segments are identified and developed for current products of a company.

The focus of a market development strategy are the existing customers and new customers in the targeted segments that are not currently buying the products of the company.

Market development is therefore a marketing strategy that is employed when a company wants to expand its total market by making effort to promote its current product to new consumers or a new geographical area.

From the question, the statement that  "To continue to grow, we need to target more segments" by Simone indicates that the strategic path Simone is pursuing is <u>market development</u>.

6 0
3 years ago
An investigator conducting a study of a medical device under an ide is required to complete and sign
Anika [276]

An investigator conducting a study of a medical device under an ide is required to complete and sign an investigator's agreement. It is a statement of the investigator's commitment to conduct the investigation in accordance with the agreement, the investigational plan, the IDE and other applicable FDA regulations, etc., it also supervise all testing of the device involving human subjects, and ensure that the requirements for obtaining informed consent are met.

8 0
3 years ago
Other questions:
  • Western Company is preparing a cash budget for June. The company has $11,200 in cash at the beginning of June and anticipates $3
    15·1 answer
  • Assets for a particular business might include: A) cash, accounts payable, and notes payable. B) cash, retained earnings, and ac
    14·1 answer
  • The following selected transactions relate to cash collections for a firm that uses a cash register. Present entries to record t
    5·1 answer
  • Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th
    14·1 answer
  • What is the residual value of a leased vehicle? A. The vehicles current selling price
    10·2 answers
  • Oil Dawg, an oil tanker company, shipped oil to coasts all over the US. During many deliveries, the crew was dumping waste into
    15·1 answer
  • According to an article in the New York Times, the Venezuelan government "imposes strict price controls that are intended to mak
    10·1 answer
  • What criteria must be evident in order for a conflict to occur between individuals?
    12·1 answer
  • Crane uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (ret
    15·1 answer
  • We try to determine if we can use educational background, interests, and gender to see if an individual's annual income differs
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!