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trapecia [35]
3 years ago
14

Data related to the inventories of Costco Medical Supply are presented below: Surgical Surgical Rehab Rehab Equipment Supplies E

quipment Supplies Selling price $ 260 $ 100 $ 340 $ 165 Cost 170 90 250 162 Costs to sell 30 15 25 10 In applying the lower of cost or net realizable value rule, the inventory of surgical equipment would be valued at: Multiple Choice $240. $170. $152. $230.
Business
1 answer:
scoundrel [369]3 years ago
8 0

Answer:

$85

Explanation:

Calculation for what the inventory of surgical supplies would be valued at

Net realizable value = $100 - $15

Net realizable value = $85

Therefore based on the above calculation the inventory of surgical supplies would be valued at $85

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Historical data show that during the recession of 1990–1991, the natural rate of unemployment was about 5.9% while the actual un
Lapatulllka [165]

Answer:

The actual unemployment rate was higher during the recession of 1990−1991, while cyclical unemployment was higher in 2001.

Explanation:

Given data in the question

In the year 1990-1991

The natural rate of unemployment = 5.9%

The rate of the actual unemployment = 7.0%

In the year 2001

The natural rate of unemployment = 4.8%

The actual unemployment rate = 6.0%

As we can see that

The actual unemployment is high in the year 1990-1991 i.e 7.0% as compare to the year 2001 i.e 6.0%

While the cyclical unemployment rate is high in 2001 i.e 1.2% (6.0 - 4.8%) as compare to the year 1990-1191 i.e 1.1% (7.0% - 5.9%)

6 0
3 years ago
A chemical company claims that they are able to produce a certain product through a thermodynamically unfavored process. explain
Alekssandra [29.7K]
<span>It is definitely possible for a chemical company to produce a certain product through a thermodynamically unfavored process. An example of this process is endothermic reaction. The word endothermic means “taking in heat.” A constant input of energy, often in the form of heat, will keep an endothermic reaction going. For instance, an instant cold ice pack can get cold without putting it in the fridge or freezer. How is that? Endothermic chemical reaction.</span>
4 0
3 years ago
Echo Sound Company just began business and made the following four inventory purchases in June: June 1 150 units $ 1,040 June 10
postnew [5]

Answer:

FiFo method as prices are continuously increasing

Explanation:

Date                Units               Cost                    Per Unit Cost

June 1             150 units            $ 1,040               6.93

June 10           200 units              1,560               7.8

June 15          200 units               1,680               8.4

June 28          150 units               1,320               8.8

                                                  $5,600

As the unit price is increasing the method which yields the highest gross profit would be FIFO.But in some cases the income is overstated as the beginning inventory is too old to account for . Similarly Lifo gives lower net income but that too is not very beneficial when the inventory is almost obsolete.

The average method gives a measure in between FIFO and LIFO.

7 0
4 years ago
Given the true/false statements are true (facts), select the best logical induction made from those statements:
denis23 [38]

The best logical induction that can be made is d. People do and do not like oranges.

<h3>What is logical induction?</h3>

This refers to making a generalization about a population based on individual pieces of information about the population's members.

Betsy and Benjamin like oranges but Jose does not. This means that people can either like or dislike oranges.

Find out more on logical induction at brainly.com/question/2547001

#SPJ1

5 0
2 years ago
Imagine that you are a manager and your boss has asked you to improve the organizational design of your company to make it more
PSYCHO15rus [73]

Answer:

A) Connection B)Coordination C)Cooperation D)Capability Development E)Colut

Explanation:

A) This step is to create an environment where people freely communicate in order to CONNECT them to each other.

B) This step is to bring different aspects of activity into an efficient work flow to improve COORDINATION

C) This step is to make people work together or COOPERATE to achieve a common objective

D) This step is to Develop competencies of individuals

E) This step is to dedicating more resources on activities that will have an influence or CLOUT on the business

5 0
3 years ago
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