ILOVEAARON7658 ILOVEAARON7658

21-12-2022
Business

Answered

the company uses a periodic inventory system. for specific identification, ending inventory consists of 370 units from the january 30 purchase, 5 units from the january 20 purchase, and 15 units from beginning inventory. determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) fifo, and (d) lifo.

Answer :

Other Questions

the following lots of commodity d were available for sale during the year. line item description units and cost beginning inventory 10 units at $60 first purcha

the following lots of commodity z were available for sale during the year. line item description units and cost beginning inventory 12 units at $47 first purcha

a company uses the weighted-average method for inventory costing. at the end of the period, 22,000 units were in the ending work in process inventory and are 10

the inventory data for an item for november are: date line item description units and cost nov. 1 inventory 20 units at $19 4 sold 10 units 10 purchased 30 unit

basic inventory data for april 30 are presented for a business that employs the lower-of-cost-or-market basis of inventory valuation to each category. commodity

the work in process inventory account of a manufacturing company has a $8,153 debit balance. the company applies overhead using direct labor cost. the cost shee

according to information found on the production analysis page of the inquirer, baldwin sold 1127 units of brat in the current year. assuming that brat maintain

the annual demand for a product is 42000 units. the annual carrying cost per unit of product is 16 dollars. the ordering cost per order is 600 dollars. each tim

a company's income statement showed the following: net income, $138,000 and depreciation expense, $34,200. the company's current assets and current liabilities

the annual demand for a product is 60000 units. the carrying cost per year per unit of product is 16 dollars. the ordering cost per order is 400 dollars. there