Business, 04.07.2020 14:01, clairajogriggsk
Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 26 units at $400 per unit Feb. 19 Purchase 57 units at $460 per unit June 8 Purchase 62 units at $540 per unit Oct. 7 Purchase 60 units at $550 per unit There are 48 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost under each of the following methods. a. Determine the inventory cost by the first-in, first-out method. $ 28,187 b. Determine the inventory cost by the last-in, first-out method. $ c. Determine the inventory cost by the average cost method. Do not round intermediate calculation and round final answer to the nearest whole value.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 21:10, tonimgreen17p6vqjq
An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:
Answers: 3
Business, 22.06.2019 22:30, dontcareanyonemo
Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
Answers: 1
Business, 23.06.2019 06:40, shawn20034
Circumstances under which pro-forma invoice may be used
Answers: 1
Do you know the correct answer?
Inventory by Three Methods The units of an item available for sale during the year were as follows:...
Questions in other subjects:
Social Studies, 21.08.2020 05:01
Mathematics, 21.08.2020 05:01
