Business

Business, 24.06.2019 02:00, okayfine3411

Compute the stock turnover for a product that has sales of 350 units and an average of 70 units in inventory. a) 7 b) 5 c) 6 d) 10

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Business, 24.06.2019 10:40, dudesenpai24

1. during april, wiggins company sold 900 units of product x for $10 per unit. its beginning inventory, purchases, and sales during the month were as follows: april 1 beginning inventory 200 units @ $1 5 purchases 200 units @ $2 8 sales 300 units 10 purchases 200 units @ $3 15 purchases 200 units @ $4 18 sales 300 units 20 purchases 200 units @ $5 25 purchases 200 units @ $6 28 sales 300 units it was further noted that the ending inventory consisted of 100 units each of april 10th, april 15th, and april 25th purchases (use this data for the specific identification method only). compute the proper cost to be assigned to ending inventory, cost of goods sold, and gross margin under each of these methods using the periodic system: (a) average cost, (b) fifo, and (c) lifo.

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Business, 11.07.2019 20:30, Xapper14x

Below is budgeted production and sales information for flushing company for the month of december: product xxx product zzz estimated beginning inventory 30,500 units 19,100 units desired ending inventory 35,500 units 14,400 units region i, anticipated sales 333,000 units 280,000 units region ii, anticipated sales 189,000 units 149,000 units the unit selling price for product xxx is $4 and for product zzz is $14. budgeted production for product xxx during the month is a. 522,000 units b. 527,000 units c. 517,000 units d. 557,500 units

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Mathematics, 22.07.2019 01:30, danessaporter

Compute the stock turnover in dollars for a product that has sales of $6,000 and an average value of inventory investment of $1,500.

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Business, 28.07.2019 03:00, lexus7493

Hemming co. reported the following current-year purchases and sales for its only product. date activities units acquired at cost units sold at retail jan. 1 beginning inventory 200 units @ $10 = $ 2,000 jan. 10 sales 150 units @ $40 mar. 14 purchase 350 units @ $15 = 5,250 mar. 15 sales 300 units @ $40 july 30 purchase 450 units @ $20 = 9,000 oct. 5 sales 430 units @ $40 oct. 26 purchase 100 units @ $25 = 2,500 totals 1,100 units $ 18,750 880 units required: hemming uses a periodic inventory system. (a) determine the costs assigned to ending inventory and to cost of goods sold using fifo. (b) determine the costs assigned to ending inventory and to cost of goods sold using lifo. (c) compute the gross margin for each method.

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