Business, 19.10.2021 14:00, haza1873

Gato Inc. had the following inventory situations to consider at January 31, its year-end. (a1) Identify which of the following items should be included in inventory. (a) Goods held on consignment for Steele Corp. since December 12. select including or not Do not Include in InventoryInclude in Inventory (b) Goods shipped on consignment to Logan Holdings Inc. on January 5. select including or not Include in InventoryDo not Include in Inventory (c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit. select including or not Include in InventoryDo not Include in Inventory (d) Goods shipped to a customer, FOB shipping point, on January 29 that are still in transit. select including or not Do not Include in InventoryInclude in Inventory (e) Goods purchased FOB destination from a supplier on January 25 that are still in transit. select including or not Include in InventoryDo not Include in Inventory (f) Goods purchased FOB shipping point from a supplier on January 25 that are still in transit. select including or not Do not Include in InventoryInclude in Inventory (g) Office supplies on hand at January 31.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 16:10, RayeK168

Braverman company has two manufacturing departments—finishing and fabrication. the predetermined overhead rates in finishing and fabrication are $18.00 per direct labor-hour and 110% of direct materials cost, respectively. the company’s direct labor wage rate is $16.00 per hour. the following information pertains to job 700: finishing fabrication direct materials $ 410 $ 60 direct labor $ 128 $ 48 required: 1. what is the total manufacturing cost assigned to job 700? 2. if job 700 consists of 15 units, what is the unit product cost for this job?

Answers: 1

continue

Business, 22.06.2019 12:20, lamwil9432

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

Answers: 2

continue

Business, 22.06.2019 17:30, Jermlew

Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?

Answers: 1

continue

Business, 22.06.2019 21:00, kebo63

After hearing a knock at your front door, you are surprised to see the prize patrol from a large, well-known magazine subscription company. it has arrived with the good news that you are the big winner, having won $21 million. you have three options.(a) receive $1.05 million per year for the next 20 years.(b) have $8.25 million today.(c) have $2.25 million today and receive $750,000 for each of the next 20 years. your financial adviser tells you that it is reasonable to expect to earn 13 percent on investments.

Answers: 3

continue

Do you know the correct answer?

Gato Inc. had the following inventory situations to consider at January 31, its year-end. (a1) Ident...