Business, 16.11.2020 18:10 puchie1225
Almaden Hardware Store sells two product categories, tools and paint products. Information pertaining to its 2021 year-end inventory is as follows:Inventory, by Product Category Quantity Per Unit Net Realizable Value Cost Tools:Hammers 100 $4.80 $5.30 Saws 180 9.80 8.80 Screwdrivers 280 1.80 2.40 Paint products: 1-gallon cans 480 5.80 4.80 Paint brushes 100 3.80 4.30 Required: 1. Determine the carrying value of inventory at year-end, assuming the lower of cost or net realizable value (LCNRV) rule is applied to (a) individual products, (b) product categories, and (c) total inventory.2. Assuming inventory write-downs are common for Almaden, record any necessary year-end adjustment amount for each of the LCNRV applications in requirement 1.
Answers: 3
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
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Business, 22.06.2019 22:50
Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
Answers: 3
Business, 23.06.2019 10:20
George wants to collect funds to open his own bakery from his family. he needs an accurate estimate of how much money he would require to run the bakery for at least six months. he has to buy a shop (costing $3,500) and buy an oven (costing $600). his start-up costs, including various utility costs, would be $300. he has calculated his monthly expenses as $250. how much money would george require to start his business and run it for at least six months? a. $3500b. $5,900c. $7,200d. $7,400e. $8,200its not c.7200 tried it
Answers: 1
Business, 23.06.2019 13:20
Which type of tax is imposed on specific goods and services at the time of purchase? question 12 options: estate excise general sales value-added
Answers: 1
Almaden Hardware Store sells two product categories, tools and paint products. Information pertainin...
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