Answer:
<u>Company's total inventory</u> 30,850
Camaras: 10,960
Camcorders: 8,850
DVDs: 11,040
Explanation:
<u>Camaras: </u>
cost: 10,960
net realizable value: 12,060
<u>Camcorders: </u>
cost: 8,850
net realizable value: 9,170
<u>DVDs: </u>
cost: 12,100
net realizable value: 11,040
<u>Company's total inventory</u>
10,960 + 8,850 + 11,040 = 30,850
We must pick between the historic cost or the net realizable value the lower. The reasoning behind this is the conservatism accounting principle to keep the assets valued at minimum.
Answer:
B. The portfolio should be reallocated based on their stated investment objective, reducing the cash and bond percentage by 50% and using the proceeds to buy a small or mid-cap growth mutual fund
Explanation:
Since this couple has stated investment goal of development with moderate hazard, a portfolio that just has about 25% values and that has 75% fixed pay protections is improper - since it will give pay; yet little development. The long haul bond and money designation ought to be decreased and supplanted with development stocks to more readily adjust the portfolio. Decision C is unreasonably theoretical for a "preservationist financial specialist." Choice D is to some degree valid since this couple is putting resources into their manager's stock - yet since the stock just speaks to 8% of the client's all out portfolio, this isn't a too much enormous rate.
Activity based costing have four steps, the steps are as follows:
1. Identification and classification of all the activities in the value chain in relation to the production of the product.
2. Estimation of total cost for each of the activities identified.
3. Computation of a cost driver rate for each activity based on a cost allocation base which has a causal link to the cost of the activity.
4. Application of the activity cost to product using the appropriate cost driver rate.
Answer:
None.
Explanation:
Ned is not allowed to deduct the loss on rental property against her income. In USA real estate losses are allowed for tax payers to be deducted from their income if they own a rental property. A tax payer can deduct $25,000 of real estate loss on gross income of $100,000 or less. If adjusted gross income of an individual exceeds $150,000 then real estate losses deductions are not allowed. Ned has income of $160,000 which is above the threshold of $150,000 therefore no losses can be deducted from the income.
C. interactive voice response