Answer:
$52,860
Explanation:
The computation of the ending inventory using the lower of cost or market method is shown below:
Product Cost Net realizable value Lower of cost or NRV
RSK-89013 600 × $38 = $22,800 600 × $47 = $28,800 $22,800
LKW-91247 420 × $47 = $19,740 420 × $40 = $16,800 $16,800
QEC-57429 510 × $26 = $13,260 510 × $32 = $16,320 $13,260
Carrying value of the ending inventory is $52,860
Answer:
The answer is B.
Explanation:
Gross Domestic Product (GDP) is the total market value of all the final goods and services produced within a sovereign nation(country) during a given period of time usually a year.
Gross Domestic Product (GDP) can be calculated using expenditure method or income method or value-added method.
To analyze this question, expenditure method will be used. The formula is C + I + G + (X-M)
where C is the consumer spending
I is the business investments
G is the government spending
X is the exports
M is the imports.
Government has injected $200 billion into the economy through its spending.
This $200 billion is gotten from an increase in taxes, meaning consumers' disposable income has reduced by this amount.
Therefore, $200 billion will still be the incremental amount to the GDP
If Evelyn Chang is self-employed and that she was able to do
various types of accounting in different organizations and she is a certified
accountant, she is probably or considered to be a certified public accountant
in which this type of accountant may be able to do various types of services in
accounting and can be done in different organizations in which Evelyn Chang is
capable of doing.
The correct answer to the question above is:
D. Quantitative
<span>Quantitative research approach is used in this
scenario because the participants are asked to choose among the most functional
mobile phone and compare them with other options. The data gathered from
participants are then analyzed to make a substantial result. </span>
The answer is Total Fixed Costs
