subject
Business, 12.08.2019 21:30 itsjoke5550

During july, laesch company, which uses a perpetual inventory system, sold 1,430 units from its lifo-based inventory, which had originally cost $18 per unit. the replacement cost is expected to be $30 per unit. required: respond to the following two independent scenarios as requested. a. case 1: in july, the company is planning to reduce its inventory and expects to replace only 940 of these units by december 31, the end of its fiscal year. (1) prepare the entry in july to record the sale of the 1,430 units. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 05:50, eksdeeexe
Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?
Answers: 2
image
Business, 22.06.2019 11:30, deedivinya
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
Answers: 1
image
Business, 22.06.2019 13:00, eggoysters
Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:
Answers: 1
image
Business, 22.06.2019 15:30, bhadd2001
Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value
Answers: 2
You know the right answer?
During july, laesch company, which uses a perpetual inventory system, sold 1,430 units from its lifo...

Questions in other subjects:

Konu
Mathematics, 14.12.2020 18:40
Konu
Mathematics, 14.12.2020 18:40