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
1. is true, and the 2. is false
The information given regarding the marginal revenue is illustrated below.
<h3>How to illustrate the information?</h3>
Marginal revenue is the increase in revenue that results from the sale of one additional unit of output.
While marginal revenue can remain constant over a certain level of output, it follows from the law of diminishing returns and will slow down when the output level increases.
Here, the price effect dominates the quantity effect so he cannot increase the production from 7 units to 8 units.
Learn more about marginal revenue on:
brainly.com/question/25623677
#SPJ1
The answer, in my opinion, has to only beB
Answer:
a) random events.
Explanation:
According to my research on lottery drawings, I can say that based on the information provided within the question the two winnings are just random events. The chances of Josephine winning the lottery can be explained statistically with probabilities, but even still the two winning tickets are random events that happened in her life. Even tho the chances can be explained statistically it does not mean that the next ticket will be a winner as well, regardless if she is on a lucky roll.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
