subject
Business, 10.03.2020 05:58 jlchandl

A company's current LIFO inventory consists of 5,000 units purchased at $6 per unit. Replacement cost has now fallen to $5 per unit.
What is the entry the company must record to adjust inventory to market?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Which of the following is not a consideration when determining your asset allocation
Answers: 3
question
Business, 22.06.2019 14:40
Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.
Answers: 3
question
Business, 22.06.2019 15:20
Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.
Answers: 3
question
Business, 22.06.2019 18:20
Principals are an administration career
Answers: 2
You know the right answer?
A company's current LIFO inventory consists of 5,000 units purchased at $6 per unit. Replacement cos...
Questions
question
English, 18.10.2020 21:01
question
English, 18.10.2020 21:01
question
History, 18.10.2020 21:01
question
Mathematics, 18.10.2020 21:01
question
Social Studies, 18.10.2020 21:01
question
Physics, 18.10.2020 21:01
Questions on the website: 13722363