True
Mark as brainliest plz.
Answer:
Option (b) : I, II, III, and IV
Explanation:
As per the data given in the question,
In order to evaluate weather a product is sold at a split-off point or can be further processed, the joint processing costs that have already been obtained will have no effect on the decision because the costs and revenues that will be acquired and obtained after consideration will have to be decided whether to continue processing or not. The sunken cost is the cost of processing jointly. Therefore it will not affect the decision to process further or not.
Hence, Option (b) : I, II, III, and IV is correct answer
Answer:
a.The physical count determines the inventory on hand.
Explanation:
Periodic inventory system determines the cost of inventory at the end of each accounting period. It requires inventory count on each period end and the cost of inventory is valued on the basis of physical count. LIFO does not effect as physical count is used for the valuation of inventory.
Answer:
The water bottler should pay the brewer company an amount of money that is higher than $500 but lower than $600.
Explanation:
Under the Coase Theorem, parties must negotiate a mutually beneficial agreement without considering the original distribution of property rights.
This means that the water bottler will try to lower its cleaning costs, and the brewer is not willing to pay any of the $500 cost to clean the water. But if the water bottler offers the brewer more than $500 for it to clean the water, they will take the money since it would generate them a profit. And as long as the money given to the brewer is less than $600, the water bottler will be saving money.This way both will win.
