Answer:
$790
Explanation:
<em>$300 --- ($40 * 9 hours) + 130</em>
<em>Add </em>
<em>300 + 130</em>
<em>430 </em>
<em>Then, multiply </em>
<em>40 and 9</em>
<em>= 360.</em>
<em>Therefore, Add the results together to get your answer, which is </em><em>$790</em>
Answer:
The company’s inventory be reported on the balance sheet as $3,150.
Explanation:
GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.
According to given data
Available Inventory = 210 units
Cost of Inventory = 210 units x $20 = $4,200
Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.
So,
Net realizable value is = 2,100 units x $15 = $3,150
As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.
Answer:
300
Explanation:
You have to find 10% of 250(25 ofc) Then multiply that(25) By 12
