answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
seraphim [82]
1 year ago
13

Jeri company sells three different categories of tools (small, medium and large). the cost and market value of its inventory of

tools are as follows. cost market small $ 64,000 $ 61,000 medium 290,000 260,000 large 152,000 167,000 determine the value of the company's inventory under the lower-of-cost-or-market approach.
Business
1 answer:
PtichkaEL [24]1 year ago
7 0

Answer:

The inventory value of the company amounts to $473,000 using the approach of lower of cost or market.

Explanation:

The approach of lower of cost or market states that the business need to record the inventory or merchandise cost at whichever cost is lower or low, the current market price or the original cost of the inventory.

So, in this case,

Evaluating the inventory value as:

Small Market            $64,000          $61,000

Medium Market        $290,000       $260,000

Large Market            $152,000        $167,000

So, from small market, the lowest value is $61,000, from the medium market, the lowest value is $260,000 and the from the large market, the lowest value is $152,000. Therefore, the inventory value is as:

Inventory value = $61,000 + $260,000 + $152,000

Inventory value = $473,000

You might be interested in
A cylindrical part of diameter d is loaded by an axial force p. this causes a stress of pya, where a 5 pd2y4. if the load is kno
raketka [301]

Here is the correct question.

A cylindrical part of diameter d is loaded by an axial force p. this causes a stress of P/A, where A= πd²/4. if the load is known with an uncertainty of ±10 percent, the diameter is known within ±5 percent (tolerances), and the stress that causes failure (strength) is known within ±15 percent, determine the minimum design factor that will guarantee that the part will not fail.

Answer:

the minimum design factor that will guarantee that the part will not fail. = 1.434

Explanation:

Looking at the uncertainty; loss of strength must be raised to \dfrac{1}{0.85} due to the stress that causes the failure (strength)  is known within ±15% uncertainty.

Looking at the uncertainty; the maximum allowable load  must be reduced to \dfrac{1}{1.1} because the load is known with an uncertainty of ±10.

Looking at the uncertainty; the diameter must be raised to \dfrac{1}{0.95}  because the diameter is known within an uncertainty of ±5.

The decrease in the maximum allowable stress can be estimated as:

\sigma' = \dfrac{P'}{A'}

where,

\sigma = stress

P = load

A = cross-sectional area of the cylinder

∴

\sigma' = \dfrac{P'}{\dfrac{\pi}{4}(d')^2}

replacing P' with \dfrac{1}{1.1}P   and d' with \dfrac{1}{0.95}d, we have:

\sigma' = \dfrac{(\dfrac{1}{1.1})\times p }{\dfrac{\pi}{4}(\dfrac{1}{0.95 } d)^2 }

\sigma' =\dfrac{P}{\dfrac{\pi}{4}d^2} (\dfrac{\dfrac{1}{1.1} }{(\dfrac{1}{0.95})^2 }) }

\sigma' =\sigma \times (\dfrac{\dfrac{1}{1.1} }{(\dfrac{1}{0.95})^2 }) }

\sigma' =\sigma \times 0.82045

\dfrac{\sigma' }{\sigma } =0.82045

Thus, the uncertainty in diameter and the load of the allowable stress needs to decrease to 0.82045

Now, the minimum design factor that will ascertain that the part will not fail can be computed as:

n_d = \dfrac{loss  \ of  \ function \  parameter }{maximum \  allowable \ parameter}

where;

the design factor = n_d

n_d =\dfrac{\dfrac{1}{0.85} }{0.82045}

the design factor  n_d = 1.434.

Thus,  the minimum design factor that will guarantee that the part will not fail. = 1.434

7 0
1 year ago
What can organizations do to institutionalize organizational learning? What practices and policies would aid in knowledge acquis
elena-s [515]

Answer:

There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.

Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.

Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.

Conducting internal development and training programs on a regular basis.

Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.

Reducing the power gap between the employees and their superiors.

Explanation:

8 0
2 years ago
A consultant hired by your organization has advised your manager to increase his team's cohesiveness. he asks you, "what benefit
Natalija [7]

Answer:

  • <u>Members of teams with high cohesiveness feel higher loyalty to the team and have better job satisfaction.</u>
  • <u>Teams with high cohesiveness are generally more productive due to the energizing effect of regular interaction among team members.</u>

Explanation:

Remember, cohesiveness looks at the degree to which team members <em>stick</em> together in times of difficulties.

Also cohesive teams are good communicators; they would involve in regular interactions among team members, an attitude which when applied to an organisation setting would increase the team's productivity.

7 0
2 years ago
Read 2 more answers
Botox Facial Care had earnings after taxes of $340,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $74
scoundrel [369]

Answer:

$1.7; 44 times

Explanation:

a) EPS(20X1):

= Earnings after taxes / Number of shares

= $340,000 / 200,000

= $1.7

P/E ratio(20X1):

= Price / EPS

= $74.80 / $1.7

= 44 times

EPS(20X2):

= Earnings after taxes / Number of shares

= $378,000 / 200,000

= $1.89

P/E ratio(20X2):

= Price / EPS

= $83.00 / $1.89

= 43.92 times

3 0
1 year ago
As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she n
ExtremeBDS [4]

Answer: disturbance handler; decisional; more through others.

Explanation:

As a new manager, Candace has had to learn a lot, and sometimes her job is more stressful than she expected. As a manager, she needs to fulfill many roles. Candace schedules employees for shifts at the front desk, in the dog play areas, and in the bathing and grooming rooms.

This is part of the disturbance handler role of management, which falls under the decisional component. To adapt to being a manager, Candace has had to get things done by working more through others.

4 0
2 years ago
Other questions:
  • Mila is at a flea market. She has $50 in her wallet. She decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5
    14·1 answer
  • Agnes pays state income tax equal to 3.75% of her federal taxable income. She pays federal income tax equal to 28.4% of her fede
    12·1 answer
  • White Corporation’s budget calls for the following sales for next year: Quarter 1 95,000 units Quarter 3 67,000 units Quarter 2
    11·1 answer
  • Calgary Industries is preparing a budgeted income statement for 2018 and has accumulated the following information. Predicted sa
    6·1 answer
  • Sally was recently given feedback from her boss that the content of her quarterly financial presentation is excellent; however,
    7·1 answer
  • April and Wayne are the buyer and seller of a condo, respectively. April is represented by Steve. Wayne is represented by Wanda.
    8·1 answer
  • Silver Spoon Service repairs commercial food preparation equipment. The following budgeted cost data is available for 2019: Time
    15·1 answer
  • David Wallace was the president, chairman of the board of directors, and majority shareholder of Paper Imports, Inc. Acting as p
    10·1 answer
  • Last year Kruse Corp had $440,000 of assets (which is equal to its total invested capital), $403,000 of sales, $28,250 of net in
    13·1 answer
  • We are evaluating a project that costs $1.68 million, has a six-year life, and has no salvage value. Assume that depreciation is
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!