Answer:
D. $ 322,000
Explanation:
Delos, Inc.
Contribution margin format income statement
For sigma
Sales revenue (2,000 units × $350) = $700,000
Less: variable manufacturing cost = (2,000 units × $175) = ($350,000)
Less: sales commission = (700,000 × 4%) = ($28,000)
Contribution margin for sigma = $700,000 - $350,000 - $28,000
Contribution margin = $322,000
Therefore, option D is correct.
Answer:
A. Education, savings, and human capital, respectively.
Answer:
1. attention to detail
2. Juris Doctor degree
3. critical-thinking skills
4. research skills
Hope you have a good day ^w^
The answer is a manager should search diligently for ways the strategy can be improved
The lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.
<h3>
What is market approach?</h3>
- The market approach is a method of evaluating an asset's worth based on the selling price of comparable assets.
- Along with the cost technique and discounted cash-flow analysis, it is one of three main valuation methodologies (DCF).
- Companies that use LIFO or retail inventory are obligated by GAAP to use the lower cost or market method.
- A realtor, for example, can gather information on comparable real estate sales in close vicinity to a client's property and modify those values to account for differences in land area and building square footage to arrive at a market-based valuation for the targeted property.
Therefore, the lower cost or market approach is (C) required under GAAP for companies that use LIFO or retail inventory.
Know more about the market approach here:
brainly.com/question/8084221
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The complete question is given below:
The lower cost or market approach is _____ for companies that use _____.
a. optional under GAAP; LIFO or the retail inventory
b. optional under GAAP; any method of inventory valuation
c. required under GAAP; LIFO or the retail inventory
d. required under GAAP; any method of inventory valuation
