Answer:
a. is always the middle value of replacement cost, net realizable value, and net realizable value less a normal profit margin.
Explanation:
As we know that inventory will be recorded at cost or market value whichever is lower. But in the given case, the replacement cost would be recorded at higher values and lesser values. Higher values represent the Net realizable value whereas the lesser values represent the net realizable value less than the normal profit margin.
And if the replacement cost lies in this range than it represents the designated market value.
Hence, option a is correct.
The principal<span> might be the party who gives legal authority for another party to act on the </span>principal's<span> behalf. </span>
Answer:
$15,750
Explanation:
The computation of the net income reported by two methods is shown below:
= Income from Corporal + Non-controlling interest income
= $12,600 + $3,150
= $15,750
Or we can one thing also
= Income from Corporal ÷ acquiring percentage
= $12,600 ÷ 80%
= $15,750
All other information that is mentioned in the question is not relevant. Hence, ignored it
The technique is called: interclass correlation
Interclass correlation define the connection between two variables that belong to different classes,and commonly used for countable measurements that made for several groups of subject. Currently, this type of correlations is among the most commonly used by marketing unites to research various information about their products (such as popularity, segmentation, positioning, etc_)
Answer:
$43,500
Explanation:
Direct labor costs refer to the salaries that are paid to the employees that perform a job that is related to the production of a good. In this case, it would be the wages of the employees that work in the production of the units budgeted.
To calculate the total cost, first you have to calculate the amount of hours require to produce 11,600 units:
1 unit → 15 minutes
11,600 units → x
x=(11,600*15)/1= 174,000 minutes
1 hour → 60 minutes
x ← 174,000 minutes
x=(1*174,000)/60= 2,900 hours
Now, you can calculate the total budgeted direct labor costs by multiplying the labor rate per hour for the number of hours needed to manufacture the units budgeted:
$15*2,900= $43,500
According to this, the answer is that the total budgeted direct labor costs for February is $43,500.
