Exercise 9-02 splish company uses the lcnrv method, on an individual-item basis, in pricing its inventory items. the inventory at december 31, 2020, consists of products d, e, f, g, h, and i. relevant per unit data for these products appear below. item d item e item f item g item h item i estimated selling price $150 $138 $119 $113 $138 $113 cost 94 100 100 100 63 45 cost to complete 38 38 31 44 38 38 selling costs 13 23 13 25 13 25 using the lcnrv rule, determine the proper unit value for balance sheet reporting purposes at december 31, 2020, for each of the inventory items above. item d $enter a dollar amount item e $enter a dollar amount item f $enter a dollar amount item g $enter a dollar amount item h $enter a dollar amount item i $enter a dollar amount click if you would like to show work for this question:
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Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
Business, 22.06.2019 08:00
Why do police officers get paid less than professional baseball players?
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Business, 22.06.2019 11:50
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
Exercise 9-02 splish company uses the lcnrv method, on an individual-item basis, in pricing its inve...
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