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Hatshy [7]
2 years ago
7

High-technology and fashion are types of industries likely to frequently use________.

Business
1 answer:
ehidna [41]2 years ago
5 0

High-technology and fashion are types of industries likely to frequently use the lower-of-cost-or-market (LCM) basis.

Explanation:

Price or demand lowering is a conservative approach to product assessment and monitoring. The product is usually terminated at historical cost. Furthermore, sometimes the original cost of the final stock is higher than the net achievable value and therefore the inventory has dropped in value.

Using the cheaper price or the lower trade means likening the market value of each product with its costs at the end of the stock and then use the lower value as inventory importance.

The LCM rule has recently been changed, simplifying things for companies that don't use the first-out or manufacturing method. The interventions can only be applied to the cheaper cost and the net realisable benefit in compliance with the new rules.

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Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl
Rama09 [41]

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

The question requires that the hosts need to have enough to have two sodas each. The number of guests being 10, the requirement is to have 20 sodas.

Now comparing the various pack sizes available:

1. 20 sodas $ 1.50 per bottle, Total cost $ 30, per serving cost $1.50

2. 4 6 packs @ $ 5 each. Total cost $20, Per serving cost $0.83

3. 24 soda case @ $18.5. Total cost $ 18.50, Per Serving costs $ 0.77

4, 2 x 24 soda cases @ 18.50. Total Cost $ 37.00 Per serving costs $ 0.77

The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

8 0
2 years ago
1. A time study analyst timed an assembly operation for 30 cycles, and then computed the average time per cycle, which was 18.75
WARRIOR [948]

Answer:

1. observed time = 18.75 minutes.

2. Normal time = 18 minutes

3. Standard time = 21.17 minutes

Explanation:

1. The observed time will be equal to the average time per cycle, which was given in the question as 18.75 min. Therefore, observed time = 18.75 minutes.

2. The normal time will be:

= Average Time x Performance Rating

= 18.75 x 0.96

= 18 minutes

3. The standard time will be:

= Normal time × 1/(1 - 15%)

= Normal time × 1/(1 - 0.15)

= 18 × 1/0.85

= 18 × 1.176

= 21.17 minutes

5 0
2 years ago
Hurricane Wings has budgeted the following costs for a month in which 24,000 wings will be cooked and sold. Wings, breading, and
Tcecarenko [31]

Answer:

Profit increase= $45

Explanation:

Giving the following information:

Q= 24,000 wings will be cooked and sold.

Wings, breading, and sauce $4,900

Direct labor (Variable) 3,500

Rent 1,100

Depreciation 900

Other fixed costs 400

Each wing sells for $0.80 each.

First, we need to calculate the unitary variable cost:

Wings, breading, and sauce= 4900/24000= 0.2042

Direct labor= 3500/24000= 0.1458

Total variable cost= 0.35

Now, we can calculate the increase in profit:

Q increase= 100 units

Profit increase= marginal contribution*100

Profit increase= (0.80-0.35)*100= $45

5 0
2 years ago
Assume that a context switch takes T time. Suggest an upper bound (in terms of T) for holding a spinlock. If the spinlock is hel
Mila [183]

Answer:

Assume that a context switch takes T time. Suggest an upper bound (in terms of T) for holding a spinlock. If the spinlock is held for any longer, a mutex lock (where waiting threads are put to sleep) is a better alternative.

Explanation:

The top limit is to be twice the value of (2xT). Holding the spinlock for a longer time, it will be necessary to put the thread to sleep and get a context switch, so one process awakes the sleeping thread  without the need of a second context switch.

In process synchronization, cooperating process can affect or be affected by other processes  executing in the system,  either directly share a  logical address space, both code and data, or be allowed to share data  only through files or messages, although concurrent access to shared data may result in  data inconsistency. But there are several mechanisms  to help the orderly execution of cooperating processes that share a logical  address space, so that data consistency is kept.

5 0
2 years ago
We counted the number of people who entered our store across the span of a week in the morning, afternoon, and evening. What is
allsm [11]

Answer and explanation:

The simplest form to identify a difference in the frequency of the customers who visited the sore is by recording the number of people coming into the shop is well established time frames during the morning, afternoon, and night. After performing the report for at least a couple of weeks, a comparison should be made among the opening days and time frames during a day to find out what days are the heaviest in clientele and during what time.

4 0
2 years ago
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