Business, 17.12.2019 07:31 Gillo34

Purchase date # of units cost per unit total cost 4/17 beginning inventory 2,000 $115 $230,000 6/1 beginning inventory 700 $120 $84,000 8/22 beginning inventory 1,000 $130 $130,000 10/1 beginning inventory 400 $140 $56,000 12/2 purchase 600 $149 $89,400 12/10 purchase 220 $152 $33,440 12/19 purchase 310 $154 $47,740 12/21 purchase 155 $158 $24,490 12/28 purchase 205 $157 $32,185 totals 5,590 $727,255 cost of goods sold (perpetual fifo): # of units date of sale units sold: cost per unit: total cost 12/1 sale 500 cogs from 1/1 to 11/30 $3,648,722 12/3 sale 415 12/1 500 $380 $190,000 12/6 sale 490 12/3 415 $390 $161,850 12/9 sale 112 12/6 490 $390 $191,100 12/12 sale 325 12/9 $- 12/13 sale 211 12/12 $- 12/14 sale 375 12/13 $- 12/15 sale 995 12/13 $- 12/20 sale 575 12/14 $- 12/27 sale 255 12/15 $- 12/29 sale 700 12/15 $- total units sold 4,953 12/20 $- 12/20 $- 12/27 $- 12/27 $- updated inventory totals (after sales) 12/29 $- purchase date # of units cost per unit total cost 12/29 $- 4/17 beginning inventory 2,000 $115 $230,000 12/29 $- 6/1 beginning inventory 700 $120 $84,000 1,405 total cogs $4,191,672 8/22 beginning inventory 1,000 $130 $130,000 10/1 beginning inventory 400 $140 $56,000 12/2 purchase 600 $149 $89,400 12/10 purchase 220 $152 $33,440 12/19 purchase 310 $154 $47,740 12/21 purchase 155 $158 $24,490 balanced? (if 0 or -) 12/28 purchase 205 $157 $32,185 $(542,950)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:00, yasarhan2

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

Answers: 1

continue

Business, 22.06.2019 06:30, Shavaila18

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

Answers: 1

continue

Business, 22.06.2019 11:00, hgfgu829

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Answers: 3

continue

Business, 22.06.2019 14:30, mathhelppls14

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Answers: 1

continue

You know the right answer?

Purchase date # of units cost per unit total cost 4/17 beginning inventory 2,000 $115 $230,000 6/1 b...