Business
Business, 30.04.2021 16:50, tragesserj

The units of an item available for sale during the year were as follows: Jan. 1 Inventory 8 units at $24 Feb. 17 Purchase 17 units at $26 Jul. 21 Purchase 9 units at $28 Nov. 23 Purchase 6 units at $28 There are 8 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to the nearest cent and final answers to the nearest whole dollar, if required. a. Determine the inventory cost by the first-in, first-out method. $fill in the blank 1 b. Determine the inventory cost by the last-in, first-out method. $fill in the blank 2 c. Determine the inventory cost by the weighted average cost method.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 21:40, summerhumphries3
Engberg company installs lawn sod in home yards. the company’s most recent monthly contribution format income statement follows: amount percent of sales sales $ 80,000 100% variable expenses 32,000 40% contribution margin 48,000 60% fixed expenses 38,000 net operating income $ 10,000 required: 1. compute the company’s degree of operating leverage. (round your answer to 1 decimal place.) 2. using the degree of operating leverage, estimate the impact on net operating income of a 5% increase in sales. (do not round intermediate calculations.) 3. construct a new contribution format income statement for the company assuming a 5% increase in sales.
Answers: 3
image
Business, 22.06.2019 23:00, keylor97
Which best describes what financial planning skills ultimately enable an individual to do? to prepare for the future to determine lifetime income to determine the cost of living to learn from the past
Answers: 1
image
Business, 23.06.2019 12:00, maddihamidou
Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.
Answers: 2
image
Business, 23.06.2019 17:30, alemicsho2397
1. demand terminology complete the following table by selecting the term that matches each definition. definition quantity demanded demand curve demand schedule law of demand a graphical object showing the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices the amount of a good that buyers are willing and able to purchase at a given price a table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices the claim that, with other things being equal, the quantity demanded of a good falls when the price of that good rises apply your understanding of the previous key terms by completing the following scenario with the appropriate terminology. your coworker becky is really concerned about a project that she has just been assigned. she is in charge of analyzing and determining conditions in the market for televisions from an extensive sales report. if becky's boss is interested in a graphical representation of the relationship between the pric
Answers: 2
Do you know the correct answer?
The units of an item available for sale during the year were as follows: Jan. 1 Inventory 8 units at...

Questions in other subjects:

Konu
Mathematics, 23.04.2020 22:37