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Elena L [17]
2 years ago
7

The lower-of-cost-or-market method cannot be applied to

Business
1 answer:
xxMikexx [17]2 years ago
4 0
Any inventory not yet received
You might be interested in
Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for
monitta

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

silk = $6.79 x 1/0.75 = $9.05

polyester = $2.13 x 1/0.5 = $4.16

8 0
3 years ago
Susan can pick 4 pounds of coffee in an hour or gather 2 pounds of nuts. Tom can pick 2 pounds of coffee in an hour or gather 4
Charra [1.4K]
4 + 2 = 6
2 + 2 = 4
totally 10
4 0
3 years ago
Which is incorrect about Prezi? a. Prezi had an educational license for teachers and students with .edu emails b. Classic versio
barxatty [35]

Answer:

The incorrect option about Prezi is option D) There is no way Prezis can be edited offline.

Explanation:

There is a way to edit Prezi offline. Once you have a paid subscription that allows you to download the Prezi app to your device, offline editing is automatically enabled.

Instead of opening your browser and going to Prezi.com, you run Prezi offline on your desktop or laptop. This lets you present and edit your prezis offline anytime, anywhere. If you need to make a quick change to your presentation, your can fire up your laptop and edit it even if you're not online.

4 0
4 years ago
Barbara wanted to go into the long-distance trucking business. She bought a used tractor and trailer for $102,000. However, the
Norma-Jean [14]

Answer:

Basis in the tractor 78.000 and new trailer basis 30.000

Explanation:

The adjusted basis is referred to as the cost basis of the assets as reduced by  the cost recovery amount including the depreciation at the point of sale. Alternatively, the adjusted basis can be termed as the unrealized cost basis of the assets. The formula for the adjusted basis is:

Adjusted basis = cost basis - Cost recovery deductions

The adjusted basis for B's tractor and trailer is calculated as follows:

Adjusted basis for tractor = Cost of tractor

=102.000 - 24.000

=78.000

Adjusted basis for new trailer = Cost of trailer

=30.000

3 0
3 years ago
How can exchange rates change to reduce the wage differential between countries​
andrey2020 [161]

Answer:

The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.

Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.

Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.

4 0
3 years ago
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