Answer:
that is getting banned so you cant
Explanation:
Answer:
$30,400
Explanation:
The computation of the lower-of-cost-or-net realizable value is shown below:-
Inventory Cost Net realizable value Lower cost
Camera $11,200 $10,000 $10,000
Camcorders $7,700 $8,800 $7,700
DVDs $13,900 $12,700 $12,700
The Lower cost $30,400
Answer:
The appropriate solution is:
(a) $3150
(b) $4200
Explanation:
According to the question,
(a)
The exchange loss will be:
=
=
= ($)
(b)
The exchange loss will be:
=
=
= ($)
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Learn more about Planning for retirement here
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Answer:
Direct material= $5,600
Explanation:
<u>First, we need to calculate the direct labor added to Work in Process:</u>
Direct labor= allocated overhead / predetermined overhead rate
Direct labor= 6,400 / 0.8
Direct labor= $8,000
<u>Now, by difference, the direct materials:</u>
Direct material= Ending balance - allocated overhead - direct labor
Direct material= 20,000 - 6,400 - 8,000
Direct material= $5,600