Answer and Explanation:
Given:
Product 1 Product 2 Product 3
Cost of product $20 $90 $50
Selling price $40 $120 $70
Selling cost $6 $40 $10
Computation:
Product 1 Product 2 Product 3
Product Cost $20 $90 $50
N.R.V ($40-$6)=$34 ($120-$40)=$80 ($70-$10)=$60
Per Unit Inventory Value $20 $90 $50
Oh lord I’m sorry for the confusion and I hope y’all are having church too much time too too late so I’ll be home around
The given type of question is an example of Planning for contingencies
.
Option C
<u>Explanation:
</u>
A contingency plan is an action plan that will allow an organisation to quickly respond to a major event or circumstance that may or may not happen in the future. Sometimes a discretionary strategy is called' Plan B,' because it can also be used as a substitute for implementation if the goals are not accomplished.
In many instances, governmental or corporate contingency plans are made. Suppose, for example, that many company employees fly together on a crashing aircraft that kills them all on board. This failure could severely stress or even kill the business.
