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zmey [24]
3 years ago
8

Current Attempt in Progress Nash's Trading Post, LLC developed the following information about its inventories in applying the l

ower-of-cost-or-net-realizable-value(LCNRV) basis in valuing inventories: Product Cost MarketA $84000 $89000 B 59000 56000 C 118000 120000 After Nash's Trading Post, LLC applies the LCNRV rule, the value of the inventory reported on the balance sheet would be:___________. a. $261000. b. $265000. c. $258000. d. $268000.
Business
1 answer:
VashaNatasha [74]3 years ago
5 0

Answer:

c. $258000

Explanation:

The computation of the ending inventory using LCRNV rule is given below:

Product         Cost                Market            LCRNV

A                    $84000           $89000        $84000

B                     $59000           $56000       $56000

C                      $118000          $120000     $118000

Total value                                                  $258,000

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Use your knowledge of the challenges new managers face to complete the following sentences.
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Answer: The correct answer is MOST

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3 years ago
Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?
Helga [31]

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

<u>Some advantages of an Optimized supply base are provided below</u>:

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<u>Some advantages of an Optimized supply base are provided below</u>:

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<u>A buyer can overcome the disadvantages by the following point</u>:

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Learn more about optimized supply base here:

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7 0
3 years ago
Devil's advocacy:_____.a. involves generating a plan and a counterplan that reflects plausible conflicting courses of action. b.
Bezzdna [24]

Answer:

d. involves generating a plan and a critical analysis of that plan.

Explanation:

The devil's advocacy is a decision-making technique in which an individual in a group is permitted to become the critic in the decision that should be taken in near future. It prevents the group thinking and increased the high quality decision chances. Also it prevents in making expensive along with the risky decisions

So as per the given options, the option d is correct

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The following materials standards have been established for a particular product: Standard quantity per unit of output 4.5 meter
sweet-ann [11.9K]

Answer:

$2,450 Unfavorable

Explanation:

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= ($17.40 - $17.75) × 7000

= $2,450 Unfavorable

Therefore for computing the material price variance we simply applied the above formula.

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3 years ago
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navik [9.2K]

Answer:

A capitalist economy always gravitates toward high levels of employment.

Explanation:

John Maynard Keynes

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The General Theory of Employment, Interest and Money by John Maynard Keynes (1936)

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