Business, 17.12.2019 03:31, vanessafalcon1198
The reuschel company began 2018 with inventory of 10,000 units at a cost of $7 per unit. during 2018, 50,000 units were purchased for $8.50 each.
sales for the year totaled 54,000 units leaving 6,000 units on hand at the end of 2018. reuschel uses a periodic inventory system and the lifo inventory cost method. required:
1. calculate cost of goods sold for 2018.
2. calculate the effect of the lifo on the income.
Answers: 1
Business, 21.06.2019 23:00, emilyswinge4421
James has set the goal of achieving all "a"s during this year of school. which term best describes this goal
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Business, 22.06.2019 00:50, BARRION1981
Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?
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Business, 22.06.2019 19:10, kingjustin0825
Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.
Answers: 3
The reuschel company began 2018 with inventory of 10,000 units at a cost of $7 per unit. during 2018...
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