subject
Business, 17.03.2020 23:23 slend3rpiggy

Let A equal the reported inventory value if the lower-of-cost-or-market rule is applied to individual items of inventory while B equals the reported inventory value if the lower of cost or market rule is applied to the inventory as a whole. In this situation then .

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:00
During 2017, sheridan company expected job no. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. sheridan applied overhead based on direct labor cost. actual production required an overhead cost of $260000, $510000 in materials used, and $150000 in labor. all of the goods were completed. what amount was transferred to finished goods?
Answers: 1
question
Business, 21.06.2019 22:40
Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000
Answers: 3
question
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
question
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
You know the right answer?
Let A equal the reported inventory value if the lower-of-cost-or-market rule is applied to individua...
Questions
question
Mathematics, 21.11.2019 07:31
question
History, 21.11.2019 07:31
question
Mathematics, 21.11.2019 07:31
question
Mathematics, 21.11.2019 07:31
question
Mathematics, 21.11.2019 07:31
Questions on the website: 13722365