Question

Herman Company has 3 products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: (lower cost or market) what is the order of columns?

Answer 1

The order of the columns for Herman Company's ending inventory would include the product name, quantity, cost per unit, total cost, and lower cost or market.

Step-by-step explanation:

The order of the columns for Herman Company's ending inventory would depend on the specific data provided. However, based on the information given, the columns would likely include:

1. Product name
2. Quantity
3. Cost per unit
4. Total cost (quantity multiplied by cost per unit)
5. Lower cost or market (comparing the cost per unit with the current market value)

These columns would help the company track and analyze the value and cost of its inventory.