Business, 08.10.2019 05:00 fatherbamboo
Oahu kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. assume oahu kiki’s records show the following for the month of january. sales totaled 300 units. date units unit cost total cost beginning inventory january 1 200 $ 70 $ 14,000 purchase january 15 340 80 27,200 purchase january 24 260 100 26,000 required: calculate the number and cost of goods available for sale. calculate the number of units in ending inventory. calculate the cost of ending inventory and cost of goods sold using the (a) fifo, (b) lifo, and (c) weighted average cost methods.
Answers: 3
Business, 21.06.2019 21:50, sihamabdalla591
Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.
Answers: 2
Business, 22.06.2019 21:20, hellodarkness14
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
Oahu kiki tracks the number of units purchased and sold throughout each accounting period but applie...
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