The original cost of an inventory item is above the replacement cost and the net realizable value. the replacement cost is below the net realizable value less the normal profit margin. as a result, under the lower-of-cost-or-market method, the inventory item should be reported at the . original cost.
b. replacement cost.
c. net realizable value.
d. net realizable value less normal profit margin

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Craig complained to his friend jess that a class was too hard and he believed that the teacher was not being fair with his grading standards. jess replied, "craig, you really have an attitude problem." what is the relationship between the manner that the term attitude is used in common conversation and the how it is defined in consumer behavior? there is no relationship. common usage is not the same as attitudes as seen by the researchers who study consumer behavior. the term attitude is widely used in popular culture in much the same way it is used in studying consumer behavior. they are different in that popular culture does not recognize that attitudes are temporary. otherwise the usage is the same. they are similar except that popular culture assumes that attitudes are related to beliefs, and research scientists have shown that there is no such relationship.