Answer:
b. $392000.
Explanation:
The computation of the inventory balance reported on the balance sheet is shown below:
<u>Product Cost Net realizable value Lower value
</u>
A $128000 $134000 $128,000
B $90,000 $85,000 $85,000
C $179,000 $181,000 $179,000
Total $392,000
Answer: In regards with niche strategy the following statement is true: <u><em>Companies that adopt a niche strategy have only a small number of customers.</em></u>
<em>Niche is a term that stands for commodities, services, or inclination that charms a small, differentiated part of the demography. </em>
<em>Therefore, if an organization chooses to adopt niche strategy then they are targeting a small and differentiated part of the consumer database or population.</em>
<u><em>Therefore, the correct option in this case is (d)</em></u>
Answer:
C : Tables
Explanation:
Tables represent the simplest way to organize data to display details of specific contents. In tables data is represented in rows and columns. Rows represent each data or data category. Columns are used for displaying features of each data, like sex, age, income level, etc.
Answer:
True
Explanation:
In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers. Market price is set by the forces of demand and supply.
If the seller attempts to set his own price and sets it above the market price, the seller would lose all its customers and make zero sales.
If the seller attempts to set his own price and sets it below the market price, the seller would make losses .
I hope my answer helps you.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Refurbishing materials:
Variable cost= $600
Fixed costs= $18,800
Estimated cost= 600*35 + 18,800= $39,800
Actual cost= 600*32 + 18,800= $38,000
Refurbishing activity variance= Estimated - actual cost
Refurbishing activity variance= 39,800 - 38,000= 1,800 favorable
