Crankberry corp. wants to estimate ending inventory as of march 31, 2019. the cost of inventory on hand as of january 1, 2019 was $75,000. the cost of purchases from january 1st through march 31st is $161,400. sales, which are made at 25% above cost, totaled $225,000 through march 31st. estimate the cost of crankberry's ending inventory as of march 31st using the gross profit method.

How does knowing about supply and demand

What are the forecasted levels of the line of credit and special dividends? (hints: create a column showing the ratios for the current year; then create a new column showing the ratios used in the forecast. also, create a preliminary forecast that doesn’t include any new line of credit or special dividends. identify the financing deficit or surplus in this preliminary forecast and then add a new column that shows the final forecast that includes any new line of credit or special dividend.) now assume that the growth in sales is only 3%. what are the forecasted levels of the line of credit and special dividends?

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?