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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

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artcher [175]

So you start with a 88.1%.

Here is how I figure it...

If you get a 15 out of 15 on an assignment, that would be a 100% for your assignment grade.

You take 100% and add it to your 88.1% and you get 188.1%. That doesn't seem reasonable for a grade though does it...

So you take that 188.1% and you divide it by 2 (divide it in half) and you get 94.05%.

So if you get 15 out of 15 on your assignment your grade will go up to a 94.05% as I figure.


Word problem:

15 out of 15= 100%+88.1%= 188.1%÷2= 94.05%


Your final grade as I figure would be a <em><u>94.05%</u></em>




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gtnhenbr [62]

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3 years ago
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Reil [10]

Answer:

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The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.

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3 0
3 years ago
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