oglejack893 oglejack893

25-10-2022
Business

Answered

at the beginning of the year, johnson supply has inventory of $5,200. during the year, the company purchases an additional $20,000 of inventory. an inventory count at the end of the year reveals remaining inventory of $3,000. what amount will bennett report for cost of goods sold?

Answer :

Other Questions

when the cost of purchasing inventory is declining, which inventory cost flow method will produce the highest amount of cost of goods sold? lifo weighted-aver

you are thinking of building a new machine that will save you $50,000 in the first year.the machine will then begin to wear out so that the savings decline at a

Monthly expenditures for a family of 4 in 2017 averaged $1,400. In 2018, the cost of the same purchases was $1,500. If 2017 is the base year, what was the cpi i

Compute gross profit earned by the company for each of the four costing methods. For specific identification, units sold include 80 units from beginning invento

Depreciation on the company’s equipment for the year is computed to be $18,000. The prepaid insurance account had a $6,000 debit balance at december 31 before a

the state of chiapas, mexico, decided to fund a program for improving reading skills in elementary school students. the first cost is $300,000 now, and an updat

future value with multiple cash flows: konerko, inc., management expects the company to earn cash flows of $13,227, $15,611, $18,970, and $19,114 over the next

you believe you will spend $33,000 a year for 13 years once you retire in 26 years. if the interest rate is 5% per year, how much must you save each year until

current attempt in progress charles won a lottery that will pay him $530000 at the end of each of the next twenty years. splish brothers has offered to purchase