What is the proper per unit inventory value for product

Assignment Help Accounting Basics
Reference no: EM132596939

Question - Given the acquisition cost of product Z is $25, the net realizable value for product Z is $20, the normal profit for product Z is $2, and the market value (replacement cost) for product Z is $22, what is the proper per unit inventory value for product Z applying LCM?

Reference no: EM132596939

Questions Cloud

What are the main financial planning issues : What are the main financial planning issues that need to be addressed? What additional information would you like to have before recommending actions
What rate of interest should deposit : Deposit his money in bank account which compounds annually . At what rate of interest he should deposit his $10000 to get it back at $20000 in five years?
Research example of cyber terrorism : Using the Web or other resources, research an example of Cyber Terrorism.
How many quarters are needed for to accumulated : How many quarters are needed for £2000 to accumulated an amount of £800 interest if it is compounded quarterly at 10% annual interest rate?
What is the proper per unit inventory value for product : The market value (replacement cost) for product Z is $22, what is the proper per unit inventory value for product Z applying LCM
What nominal rate should the competing bank offer : Competing bank compounds its interest continuously. What nominal rate should the competing bank offer so that the effective rates of two banks will be aqual?
Composition will have a significant role in visualizations : According to Kirk (2019), annotations, colors, and composition will have a significant role in your visualizations.
How many years an investment will amount : In how many years an investment of 5000?, will amount to 7000?, if it is invested at %8 compounded quartely?Provide the calculations.
What the differences between simple and compound interest : The differences between simple interest and compound interest on a sum for 3 years at 5% per annum is 76,25? find the sum.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd