How can you value our farmers in your own simple way

If a patient falls in your facility, what preventive measure would you take in the future to prevent patient falls in your

Leno4ka [110]

Answer:

Explanation:

You would want to have a look at the work place you are working in and if its up to health and safety standards, the work places safety code of conduct and should be reported to the workplaces manager on duty, the person head in charge or your workplaces HR. You might decide to change first aid procedures to ensure the injured is helped ASAP.

6 0

3 years ago

Exercise 25-3 Stefani Company has gathered the following information about its product. Direct materials: Each unit of product c

katovenus [111]

Answer:

Total standard cost per unit= $71,41 unit

Explanation:

Standard cost is the sum of direct materials, direct labor, and manufacture overhead.

Direct materials:

Each unit of the product contains 3.40 pounds of materials.

The average waste and spoilage per unit produced under normal conditions is 0.10 pounds.

Materials cost $2 per pound, it takes a 5.00% cash discount.

Freight costs $0.45 per pound.

Direct materials= (3,4+0,10)*(2*0,95)+ (0,45*3,5) =$8,20unit

Direct labor:

Each unit requires 2.80 hours of labor.

Setup, cleanup, and downtime 0.10 hours per unit.

The average hourly pay rate of Stefani’s employees is $13.10.

Payroll taxes and fringe benefits are an additional $3.00 per hour.

Direct labor=($13,10*2,9hours)+($3*2,9hours)=$46,69 unit

Manufactured overhead:

Overhead is applied at a rate of $5.90 per direct labor hour.

Overhead=$5,90*2,8hours=$16,52unit

Total standard cost per unit= 8,20+46,69+16,52=$71,41 unit

4 0

3 years ago

Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) r

Vika [28.1K]

Question Completion:

Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2018 year-end inventory is as follows:

Inventory, by Per Unit Net Realizable

Product Category Quantity Cost Value

Tools:

Hammers 100 $5.00 $5.50

Saw 200 10.00 9.00

Screwdrivers 300 2.00 2.60

Paint products:

1-gallon cans 500 6.00 5.00

Paint brushes 100 4.00 4.50

Required:

1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory.

2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1.

Answer:

<h3>Almaden Hardware Store</h3>

1. The carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to

(a) individual products:

= $5,800

(b) product categories:

= $6,050

(c) total inventory:

= $6,080

2. Inventory write-down as a line item in the income statement, for each of the LCNRV applications for:

(a) individual products:

Debit Cost of goods sold $700

Credit Inventory $700

To record the inventory write down based on LCNRV.

(b) product categories:

Debit Cost of goods sold $450

Credit Inventory $450

To record the inventory write down based on LCNRV.

(c) total inventory:

Debit Cost of goods sold $420

Credit Inventory $420

To record the inventory write down based on LCNRV.

Explanation:

a) Data and Calculations:

Inventory, by Per Unit Net Realizable LCNRV Inventory

Product Category Quantity Cost Value Value

Tools:

Hammers 100 $5.00 $5.50 $5.00 $500

Saw 200 10.00 9.00 9.00 1,800

Screwdrivers 300 2.00 2.60 2.00 600

Paint products:

1-gallon cans 500 6.00 5.00 5.00 2,500

Paint brushes 100 4.00 4.50 4.00 400

Inventory amount (LCNRV rule applied to individual products) $5,800

Inventory amount (LCNRV rule applied to product categories)

Tools: Cost value = (100 * $5) + (200 * $10) + (300 * $2) = $3,100

NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) = $3,130

LCNRV = $3,100 for tools

Paint products: Cost value = (500 * $6) + (100 * $4) = $3,400

NRV value = (500 * $5) + (100 * $4.50) = $2,950

LCNRV = $2,950 for paint products

Total LCNRV = $6,050 ($3,100 + $2,950)

Inventory amount (LCNRV rule applied to total inventory):

Cost value = (100 * $5) + (200 * $10) + (300 * $2) + (500 * $6) + (100 * $4)

= $6,500

NRV value = (100 * $5.50) + (200 * $9) + (300 * $2.60) + (500 * $5) + (100 * $4.50) = $6,080

Year-end Adjustments for each of the LCNRV applications in requirement 1:

(a) individual products:

Cost of Inventory = $6,500

LCNRV = 5,800

Inventory write down $700

(b) product categories:

Cost of Inventory = $6,500

LCNRV = 6,050

Inventory write down $450

(c) total inventory:

Cost of Inventory = $6,500

LCNRV = 6,080

Inventory write down $420

7 0

2 years ago

Carolyn is a very likable employee. Recently, her boss rated her at the highest level in all areas of performance, even though i

noname [10]

Answer:

The correct answer is letter "E": halo.

Explanation:

The halo perceptual error is a tendency to generalize every aspect of a given object merely on the basis of one or two aspects of the same object. The consequence of the experience is positive but it takes the <em>horn perceptual effect</em> name when it is negative.

4 0

3 years ago

Generally accepted accounting principles require that the inventory of a company be reported at:

Nookie1986 [14]

Answer:

Historical Cost, Market or Fair Value.

Explanation:

Companies are required under GAAP to report their account based on acquisition cost instead of Market or Fair value. This principle is believed to present more reliable information as market value could harbour subjective or biased market values. However, it is also regarded as irrelevant, prompting most firms to report at market value. Under the GAAP, both principles are allowed.

3 0

3 years ago

How can you value our farmers in your own simple way​

How can you value our farmers in your own simple way