I would think the answer is C.
Answer:
A. target costing
Explanation:
To make the new price level profitable, ConAgra Foods used target costing.
Target costing may be seen as an accountancy approach during which companies set targets for costs supported the worth prevalent within the market and therefore the margin of profit they need to earn. Keeping its costs below the relevant targets helps the businesses to get profit.
Target cost = selling price – margin of profit
Profit margin could also be supported cost or selling price .
In most of the industries competition is high which suggests that prices are determined by the interaction of market demand and provide which the market participants i.e. producers can’t change. However, they will control their costs.
Answer:
(A) $390,000
Explanation:
Under LIFO method as the name suggests "Last In First Out"
the goods purchased in Last that is latest are sold first, that is goods purchased in 2015 will be sold first, therefore in the given case at the end of 2014 using LIFO we have,
Balance = $390,000
Because balance of goods purchased in 2014 i.e. $756,000 is sold first in 2014 remaining inventory at year end will be of 2013
Correct option is
(A) $390,000
Answer:
<h2>For an investment to be considered as current asset,it has to be convertible into cash and within one year of business operation or current operating cycle,whichever is longer.Hence,the correct answer is option C.</h2>
Explanation:
In Business Studies or Accounting,current assets are identified as those assets which are normally convertible into cash value usually within 1 year of business operation and used to pay any current liability.Therefore,any short term investment in business which can be used or utilized during the regular business operation and converted into cash value within one year of operation can be termed as current assets.Therefore,to satisfy the conditions to qualify as current asset,any business investment has to be cash convertible which has to be conducted within one year of operation or the operating cycle,depending on their duration.
Answer:
The overview of that same problem is defined throughout the explanation segment below.
Explanation:
- My understanding would be that privately owned businesses will happily inform anyone who queries.
- Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.
But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.