Data related to the inventories of Alpine Ski Equipment and Supplies is presented below: Skis Boots Apparel Supplies Selling price $ 180,000 $ 140,000 $ 120,000 $ 60,000 Cost 128,000 133,000 90,000 45,000 Replacement cost 120,000 130,000 110,000 41,000 Sales commission 10 % 10 % 10 % 10 % In applying the lower of cost or net realizable value rule, the inventory of apparel would be valued at:
Answers
Answer:
inventory value=$ 377,000.00
Explanation:
In applying the rule of the lower cost of cost or net realizable value,we compare NRV(selling price minus cost to sell) with the replacement cost(current price), where the lower of the two is then compared against the original cost of the inventory item as done in the attached.
Value of inventory=$120,000+$126,000+$90,000+$41,000=$377,000.00
Related Questions
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases?
1. Using Simplified Acquisition Procedures above or below the micro purchase threshold against Federal Supply Contract vehicles
2. At or below the micro purchase threshold from any vendor
3. At or below the micro purchase threshold against Federal supply Schedule contracts, FedMall, or other ordering systems that are authorized in component procedures
4. Above or below the micro purchase threshold against contract vehicles issued for the component by a contracting officer that contain a provision authorizing order and payment by the Governmentwide Commercial Purchase Card
Answers
Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in option 1, 3 and 4.
What is the Simplified Acquisition Threshold?The simplified acquisition threshold (SAT), which in federal acquisition is seen or is one that is expressed as the anticipated award value of a contract, is the financial number above which contracting officers are instructed to solicit and award contracts using streamlined methods.
Note that the Commercial Purchase Card for the Government as a Whole - The Purchase Card is used as a convenient way to spend money while buying products and services. It is given to approved agency employees and resembles a commercial credit card in nature. It is not the same as the Government Travel Card.
Therefore, in context of the above, one can say that a program that manages a component is known as a component procedure (or procedure). A component procedure may be used to install, remove, or manage a component.
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Assume today is 1st July 2022.
You are the treasurer of The Plastic Bottles Company in the UK, and you are advised that the company is likely to purchase new equipment to improve the productivity of the manufacturing. The equipment will be manufactured in the US and will cost $12,000,000.
The finance director has asked you to recommend action(s) in order to hedge the purchase as the has been some volatility in the exchange rate between sterling and the US dollar over the last 12 months. He tells you that the equipment could be ordered immediately for delivery in three months and payment in six months. However, at the management meeting there were discussions about postponing the upgrading plans due to the potential release of new equipment being developed that may be available towards the end of the year.
You Obtain the following market data/information.:
Spot rate $/£ $1.2300 – $1.2350
3m Forward Rate $1.2325 – $1.2375
6m Forward Rate $1.2350 – $1.2400
A call option is available to purchase dollars at an exercise rate of $1.2300, the premium is £0.012101 per $. Current market speculation is that sterling will apricate over the next six months as the UK economy grows at a faster pace compared to the US economy.
b) Calculate the cost of purchasing the equipment if a forward contract is used to hedge the transaction exposure
Answers
If a forward contract is used to hedge the transaction exposure, the cost of purchasing the equipment would be approximately £9,723,867.40.
To calculate the cost of purchasing the equipment using a forward contract to hedge the transaction exposure, we need to determine the exchange rate to be used for the forward contract. In this case, the equipment will be ordered immediately for delivery in three months and payment in six months. Therefore, we will use the 6-month forward rate to hedge the transaction.
Given that the 6m Forward Rate is $1.2350 - $1.2400, we will use the lower end of the range, $1.2350, as the forward rate.
The cost of purchasing the equipment can be calculated by multiplying the forward rate by the cost of the equipment in dollars:
Cost in £ = Cost in $ / Forward Rate
Cost in £ = $12,000,000 / $1.2350
Cost in £ = £9,723,867.40
Therefore, if a forward contract is used to hedge the transaction exposure, the cost of purchasing the equipment would be approximately £9,723,867.40.
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"Cause and effect" is an important determinant in predicting
costs in a company. Provide the instances how "cause and effect"
can arise in industry. [10 marks]
Answers
Cause and effect is an important determinant in predicting costs in a company. In industry, cause and effect relationships arise in different ways.
Here are some instances where cause and effect relationships can arise in industry:1. When purchasing raw materials- When purchasing raw materials, manufacturers will assess the quality of the raw materials and the supplier’s history to determine how reliable their raw materials are. The cause and effect relationship here is that if a manufacturer uses raw materials that are of low quality, the final product will also be of low quality.
2. During the production process- Production involves different stages, each with its own unique set of inputs and outputs. If there is a problem in one stage, this will affect the quality of the final product. For instance, if there is a problem with the calibration of a machine during production, this could result in the production of defective products.3. During product design and development- The design of a product is important in determining how easy it is to manufacture, the quality of the final product, and how much it will cost to produce. If a product is designed poorly, this could result in difficulties during production, quality issues with the final product, and higher production costs.
4. Sales and marketing- If a company’s sales and marketing team fails to market a product effectively, this could result in lower sales, which will affect the company’s revenue and profits. On the other hand, effective sales and marketing will result in higher sales and revenue.5. Human resources- Effective human resource management is important in ensuring that employees are motivated, engaged, and productive. If human resource management is poor, this could result in lower productivity, higher absenteeism, and higher staff turnover, all of which will affect production costs and output. In conclusion, cause and effect relationships arise in different ways in industry.
Manufacturers need to understand the different factors that affect their production costs so that they can identify areas that need improvement and make the necessary changes.
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In order to maximize total utility for a selection of products, each time we should select the product with a MU/P ratio that is
Answers
In order to maximize the total utility we get from a product, we should select products that have a MU/P ratio that is higher.
How can we maximize utility?Utility can be maximized when we pick products that give us a higher utility per price.
The MU/P ratio shows the marginal utility we get from an item per the amount we spend on it. We should therefore pick products that have a higher ratio.
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In video case study about using powerbi in rwanda, the production of what agricultural product benefited from greater transparency in the value chain between the 200,000 famers and 160 collection points for their product?.
Answers
Milk, A sustainable supply chain must include transparent production as a key component.
What is transparency in value chain?
Having a transparent supply chain means that businesses can tell internal and external stakeholders, including customers, where and how their products are made based on trustworthy data.
Visibility: Accurately recognizing and gathering information from every supply chain connection. Disclosure: Sharing the information with the appropriate level of detail, both internally and externally.
A sustainable supply chain must include transparent production as a key component. This requires entrepreneurs to be transparent about their product sourcing, detailing the precise processes taken in the supply chain to ensure that their items get at the doorstep of their customers.
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Would purchasing the property, tearing down the home, and selling the lot be considered financially feasible?
Yes
No
Cannot be determined
Answers
If you are considering purchasing a property with the intention of demolishing the home and selling the lot, it is important to conduct a feasibility study to determine whether the project is likely to be financially feasible.
Whether purchasing the property, tearing down the home, and selling the lot would be considered financially feasible depends on a number of factors, including the following:
The purchase price of the property
The cost of demolishing the home
The current market value of the lot
The expected future value of the lot
If the purchase price of the property is low enough, and the cost of demolishing the home is not too high, then it may be financially feasible to purchase the property, tear down the home, and sell the lot.
Ultimately, the question of whether purchasing the property, tearing down the home, and selling the lot would be considered financially feasible can only be answered by conducting a feasibility study.
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Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
Answers
hurry please!!!giving brainliest!
Answers
Answer:
A
Explanation:
the management's preparation of activities to be carried out by the organization is termed
a) planning
b) delegating
c) organising
d) motivating
Answers
Answer:
a) planning
Explanation:
Planning is a major function of management. It entails thinking ahead or visualizing how to execute events or processes before their time is due. Planning is actualizing events in one's mind to achieve desires results before implementing them on the ground. It is going ahead of time and making preparations for future events.
Planning makes processes and events go smoothly. It makes sure all necessities are availed on time and all possible hitches have been addressed.
The approach used when overhead is applied to jobs by multiplying a predetermined overhead rate by the actual amount of the allocation base incurred by the jobs is called.
Answers
A method of costing whereby overhead costs are allocated to a job by multiplying the actual cost of the allocation base incurred by the job by a specified overhead rate is known as Normal Costing.
What is predetermined overhead rate?
An allocation rate known as the predetermined overhead rate allocates a specific amount of manufacturing overhead to job orders or goods.
Predetermined overhead is frequently calculated at the start of each reporting period by dividing the anticipated manufacturing overhead expenses by an allocation base.
The allocation base refers to the time taken to perform an activity such as the machine hours, direct labor hours etc.
Normal Costing also known as the product costing method in which the several cost such as the direct cost, material cost, manufacturing overhead cost as well as the work in progress is added.
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Question 6 (2 points)
There should be a specific plan in place for reaching a(n)
company goal.
a
strategy
established
Ob
ос
Od
specific
new
Answers
Answer:
титльишмш дядя оо влево потива
Gregory is aiming to get the _ symbol for his products, which is awarded by the _
Answers
Answer: environmental friendly refrigerators prestigious , engineering agency
Explanation: Separated by Commas .
Which parts of the risk management process use the project scope statement as an input?
Answers
The risk management process utilizes the project scope statement as an input for various stages. The project scope statement plays a crucial role in identifying, assessing, and managing risks throughout the project lifecycle.
The project scope statement serves as a foundational document that outlines the project's objectives, deliverables, boundaries, and constraints. It provides a clear understanding of the project's scope and serves as a reference for risk management activities.
During risk identification, the project scope statement helps in identifying potential risks by providing information about the project's goals, requirements, and stakeholders. It helps project teams identify risks related to the project's scope and potential impacts on project outcomes.
In risk assessment, the project scope statement aids in evaluating the significance and potential severity of identified risks. By understanding the project's scope, the team can assess the potential impact of risks on project objectives, timelines, and resources.
In risk response planning, the project scope statement assists in developing appropriate strategies to address identified risks. It provides insights into the project's boundaries and constraints, enabling teams to devise mitigation, contingency, or acceptance plans based on the project's scope.
In summary, the project scope statement is utilized in various parts of the risk management process, including risk identification, assessment, and response planning. It provides essential information to identify, assess, and manage risks effectively, ensuring that project teams are aware of potential risks and can take appropriate measures to mitigate or address them.
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Discuss the common source of risk on information technology projects and suggestions for managing them. With suggestions do you find most useful? Which do you feel would not work in your organization? Why?
Answers
Common IT project risks: scope creep, technical challenges, resource constraints, communication issues, security concerns.
Suggestions: define scope, thorough planning, stakeholder engagement, agile methodologies, risk management, communication, cybersecurity.
Effectiveness varies based on organization's context. Assess needs and resources.
Common sources of risk on information technology (IT) projects include:
1. Scope Creep: Changes in project scope that can lead to delays, budget overruns, and decreased customer satisfaction.
2. Technical Challenges: Complexity, compatibility issues, or lack of expertise can result in technical difficulties and project delays.
3. Resource Constraints: Insufficient staffing, limited budget, or inadequate technology can impact project timelines and quality.
4. Communication Issues: Poor communication between stakeholders, team members, or project managers can lead to misunderstandings, delays, and errors.
5. Security and Privacy Concerns: Data breaches, unauthorized access, or compliance issues can result in reputational damage and legal consequences.
To manage these risks, several suggestions can be implemented:
1. Clearly Define Project Scope: Set clear project objectives and scope at the outset and manage changes through a formal change control process.
2. Conduct Thorough Planning: Develop a comprehensive project plan, including risk assessment, resource allocation, and contingency plans.
3. Engage Stakeholders: Involve stakeholders throughout the project, ensuring their needs and expectations are understood and managed effectively.
4. Use Agile Methodologies: Adopt agile project management approaches that allow for flexibility, frequent communication, and iterative development.
5. Implement Robust Risk Management: Identify, assess, and mitigate risks throughout the project lifecycle, including regular risk reviews and proactive risk response planning.
6. Enhance Communication: Foster open and transparent communication among team members, stakeholders, and project managers to ensure alignment and address issues promptly.
7. Invest in Cybersecurity: Implement robust security measures, regular audits, and compliance checks to protect sensitive data and mitigate security risks.
The usefulness of suggestions may vary depending on the organization. It is essential to assess the specific context and requirements of the organization to determine the most effective approaches. For example, an organization with a highly regulated environment may find investing in cybersecurity measures crucial, while an organization with a small budget might prioritize resource allocation and stakeholder engagement. Evaluating the organizational culture, project complexity, and available resources can help determine the most appropriate risk management strategies for a specific organization.
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What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.
Answers
Answer:
Derived demand accelerates changes in markets.
Explanation:
Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.
In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes
because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.
Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"
Doing something without being told; willingness to get things done and taking responsibility; taking action when necessary is called initiative
True
False
Answers
Answer:
dhhdhshsjshshsjjjjjj
Explanation:
hdhsbsbsbhshshs
Answer:
True because Someone who takes charge and solves problems without being asked to is demonstrating initiative.
Explanation:
What the Benefits of SMART TRAFFIC MANAGEMENT SYSTEM in iot
?
please in the beginning small paragraph
Answers
Smart Traffic Management Systems in IoT optimize traffic flow, enhance safety, and reduce congestion through real-time monitoring, incident detection, and data analysis.
Smart Traffic Management Systems leverage the power of IoT to revolutionize transportation management. Real-time monitoring of traffic conditions enables dynamic adjustments to traffic signal timings, ensuring optimized traffic flow and reducing congestion. By utilizing IoT sensors and cameras, these systems can detect incidents such as accidents, breakdowns, or congestion, allowing for immediate responses and appropriate interventions, such as redirecting traffic or dispatching emergency services. Furthermore, the collected data from various sources, including sensors and vehicles, can be analyzed to identify traffic patterns, bottlenecks, and peak hours.
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Define product development.
Answers
Answer:
In business and engineering, new product development covers the complete process of bringing a new product to market, renewing an existing product or introducing a product in a new market. A central aspect of NPD is product design, along with various business considerations.
Explanation:
Product development typically refers to all of the stages involved in bringing a product from concept or idea through market release and beyond. In other words, product development incorporates a product's entire journey. ... Identifying a market need—Products solve problems.
Following are some common examples of product development. Packing wheat flour in retail bags for household consumption. Packing cooking oil in retail pouches for household consumption. Converting land line phones into wireless handsets for easy portability and full-time access to communication.
Q. Keeping in mind the rural area to be targeted, being a marketing manager of xyz Co. Which proactive marketing would you use to serve the target audience? Justify
Answers
Answer: Use of Radio, Television, Billboards, magazine and newspaper
Explanation:
Proactive marketing marketing or advertising is advertising in areas or location that your product or service in the places where people are not already looking or asking. Example of proactive marketing strategies to use are Television, magazine, radio commercials, billboards. Radio, Television and billboards will travel faster, because they can see the billboards and Television, also majority use radio
The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs
Answers
The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.
It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Hence, option C is correct.
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How would this program be affected if the on start block were deleted?
on start
set background color to
OA. The game's background color would be a default white color.
OB. The game's background color would appear before the game
actually starts.
OC. Nothing would be different, because the on start block does not
have a specific purpose in a game.
OD. It would not run, because the on start block is needed to start a
game.
← PREVIOUS
Answers
Answer:
D. It would not run, because the on start block is needed to start a game.
Explanation:
The on start block is a special block in most programming languages, including Scratch, that is executed when the program is first run. This block typically contains instructions that are needed to set up the game or program, such as initializing variables, setting the background color, or displaying a title screen. Without the on start block, the game would not be able to run properly, because it would not have any instructions for how to set up and start the game.
Answer:
D. It would not run, because the on start block is needed to start a game.
Explanation:
__________ services act as a middleman, allowing individuals to securely send and receive money. select all that apply.
Answers
The service that serves as middleman which gives room for individuals to transact by sending or receiving money is regarded as P2P.
Peer-to-peer can be regarded as a networking system which helps in partitions tasks or workloads among peers.It helps for easy transaction whereby two or more people are involved in series of business.In peer-to-peer (P2P) can as well be explained as group of computers which are linked together for processing of data.
Therefore, P2P helps to connect two or more people together for easy transaction.
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What should be included in all career objectives? interest in new challenges, relevant skills, technological expertise interest in a specific position, relevant skills, benefit to employer interest in a specific field, relevant skills, salary expectations interest in new knowledge, relevant skills, salary expectations
Answers
Answer:
B. interest in a specific position, relevant skills, benefit to employer.
Explanation:
Career objectives can be defined as an optional part of a curriculum vitae (resume) used by job applicants to give a brief description about their interest in a specific position, relevant skills, experience and potential benefits to an employer.
In order to increase your chances of being invited for a job interview, it is advisable that you include a clear career objective in your resume so as to make it compelling and convincing to hiring managers.
As a job applicant, what you should include in all career objectives is an interest in a specific position, relevant skills, and benefit to employer because it is one of the sections to be noticed first.
Generally, career objectives should be limited to a maximum of two or three lines of text or sentences and typed at the top of a resume, just below your contact information and name so as to quickly catch an employer's attention.
The balanced scorecard was developed to help companies take a more ______________ and ______________ approach to measurement.
Answers
The balanced scorecard was developed to help companies take a more detailed and accurate approach to measurement.
What is a balanced scorecard?A Balanced scorecard is used to measure the performance of an organization by identifying the various aspect of the business and providing feedback to organizations.
It measures the business processes, growth, customers, and finance of the business.
Therefore, the balanced scorecard was developed to help companies take a more detailed and accurate approach to measurement.
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In general, being __________ means individuals do not have financial means to cover the gap between what their insurance covers and the total cost of their medical bills.
Answers
In general, being Underinsured means individualsthe do not have financial means to cover the gap between what their insurance covers and the total cost of their medical bills.
A co-payment is a flat that a patient pays for touring a company or buying prescribed drugs. The copayment varies from issuer to company. Coinsurance is a percentage of the covered advantages paid with the aid of each insurance corporation and the patient.
Meaningful use is measured by way of precise goals for the usage of an EHR machine in an effort to evolve over 3 levels with the purpose of enhancing health care, engaging patients, improving coordination, increasing efficiency, and preserving the privacy of patient health information.
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Select the correct text in the passage.
What sentences in the following passage indicate increased expenses for developing the advertisement?
An exercise equipment company decided to create demand for its latest plece of equipment through a TV commercial. For this purpose, it hired
an ad agency reputed for its creative skills. This agency pitched five different concepts to its client. After an extensive internal discussion, the
client gave approval for one of the ideas. The next step was to write script for the ad. Using in-house cloud-based scripting software, the agency
wrote scripts in real time. This made it easier for company to communicate effectively with the ad makers. The company also approved the
tagline and storyboard for its product. The agency hired professional actors for enacting the scene.
Answers
paragraph 2 I hope sorry if it's wrong
Answer:
For this purpose, it hired an ad agency reputed for its creative skills
and The agency hired professional actors for enacting the scene
Explanation:
both requires money. to hire someone you need money which shows a increase of expenses
Please help with all 3 bullet points
You have been invited to speak to a group of Managers at Paychex about increasing the business’s commitment to improved employee health benefits by increasing the opportunity to work remotely.
How will you appeal to their pathos?
How will you appeal to their ethos?
How will you appeal to their logos?
Answers
To appeal to the managers' pathos, I would emphasize the positive impact of remote work on employees' well-being, work-life balance and overall happiness.
How can remote work benefit employees' well-being and happiness?As managers, we must recognize the profound influence of employee well-being on their productivity and loyalty. By increasing the opportunity of work remotely, we offer employees a better work-life balance and flexibility.
This lead to reduced stress levels, increased job satisfaction and improved mental health. Remote work allows employees to save commuting time, spend more quality time with their families and achieve a greater sense of control over their lives.
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Risk should be evaluated solely by the magnitude or severity of expected harm, not probability.TrueFalse
Answers
Risk should only be assessed in terms of the size or magnitude seriousness of the projected harm, not chance. False.
As Probability and Severity are combined to establish Risk, the major portion of the matrix displays the Risk Levels. Low, Medium, High, and Extremely High are the available levels. We need a fairly constrained likelihood and degree of severity in order to have a low level of risk.
The impact or damage that would result from the risk realization is what is meant by "severity." Probability refers to how likely it is that the risk will materialize. The amount of time it will take to realize that the risk has actually materialized is known as "detectability." Probability, which is frequently rated on a five-point scale: Frequent, is the possibility that the risk will materialize.
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3. What is the advantage of the use of lever and wedge?
Answers
Answer:
Explanation:
A lever is a beam or rigid that rotates around a pivot point called the fulcrum. Levers makes work easier. Levers are also useful because with the help of a lever, small force can push large weight.
The wedge is a tool that is inclined and used to separate two objects. Wedges are used to separate objects, lift up an object, or hold an object in place thereby making work more easier to do.