Compute the cost of the ending inventory under the a. FIFO method FIFO Units Unit Cost Total Cost 200 $ 6.00 $ 1,200 Compute the cost of the ending inventory under the b. LIFO method LIFO Units 200 Unit Cost Total Cost $9.00 $1,800
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- heducation.com/ext/map/index.htmi?_con=con&ex nacbrowser30&launchuri%=Dnttps%253A %252Fbbhosted.cuny.edu%252Fwebapps%252Fportal%252Fframes. ooks Login H Module 5 Chap 1 8 H Office templates & t.. Il - Chapter 8 Saved Help Save & Exit Subr Northwest Fur Co. started 2021 with $105,000 of merchandise inventory on hand. During 2021, $540,000 in merchandise was purchased on account with credit terms of 2/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,500. Merchandise with an invoice amount of $3,400 was returned for credit. Cost of goods sold for the year was $378,000. Northwest uses a perpetual inventory system. Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale? Multiple Choice $650,100. $639,368.omework E X ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser%3D0&launchUrl=https%253A%252F%252Ffayted User Management,.. https://outlook.off.. FES Protection Plan lomework Exercises Saved Select whether each of the following acCcounts normally has a debit balance or a credit balance: 1. Cash Debit 2. Blaine Brownell, Capital Credit 9:36 3. Fees income Credit 4. Accounts payable Credit 5 Supplies Debit 6. Equipment Debit 7. Accounts receivable Debit 8 Salaries expense Debit AddressLEGO 同 D(58) YouTube * CengageNOW. X + x Mail-Edjouline X BContent- ACG X from Towards a erPoint ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=Dassignments&takeAssignmentSessionLocator=Dassignment-take&inpro. Q Date Quantity Purchases Purchases Quantity Cost of Cost of Inventory Inventory Inventory Purchased Unit Cost Total Cost Sold Merchandise Merchandise Sold Quantity Unit Cost Total Cost Sold Unit Cost Total Cost May 1. May 97,200 V 2,700 A 98 1,350 V A 00L A 00z'L6 May A oss'I A 00E' 12 Check My Work ( Previous Next LE N VO 10:50 E回 di
- Question 6- Inventory and Over X + ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.muskegoncc.edu%252Fwebapps% mation buss Gmail 6 nts eBook ntory and Overload Homework (Ch. 18) i ✔ Print References F ny Mc Graw X tra ww hers Thread: Persuasive Essay-20225 x YouTube Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 From the following, calculate the cost of ending inventory and cost of goods sold for the LIFO method, ending inventory is 57 units. (Round your answers to the nearest cent.) Maps MY MCC September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 4 11 11 16 17 21 31 17 Unit cost $ 2.80 3.30 3.80 4.05 4.80 5.00 5.20 5.60 - O aAutoSave Normal 因 Document1 - Word Search badiya aldujaili ff BА EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) v 11 - A^ A Aav A E E O Find - AaBbCcDc AaBbCcDc AABBCC AABBCCC AaB AABBCCC AaBbCcDa 自Copy Paste S Replace В IUvab х, х* А 1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 2 3 4 Winter Company reported the following for the most recent month: Physical Units 700 Beginning work in process (60% complete) Units transferred in (started) during month Ending work in process 4,800 950 Materials are added at the end of the process and conversion costs are added evenly throughout the process. If equivalent whole units of production for conversion using the weighted average were 4,816, what percent complete was ending work in process at the end of the month? (Round to the nearest whole percent.) а. 20% b. 16%…AutoSave Off Document4 - Word O Search Jasmine Thompson File Home Insert Draw Design Layout References Mailings Review View Help X Cut A Share D Comments Calibri (Body) 12 - A A Aav A EEE EE A T O Find Copy AaBbCcDd AaBbCcDd AaBbC AABBCCD AaB AaBbCcD AaBbCcDd AaBbCcDd Paste BIU ab x, x A 2v Av 三、 v S Format Painter 1 Normal I No Spac. Heading 1 Heading 2 Replace Title Subtitle Subtle Em... Emphasis Dictate Editor Clipboard A Select v Font Paragraph Styles Editing Voice 1 Editor 1 4 1. 16. Assume a beginning inventory of $28,000, ending inventory of $47,000, purchases of $110,000, and purchase returns of 15,000. If the gross margin percent is 60%, how much is net sales revenue? a. $190,000 b. $151,667 c. $425,000 d. $126,667 e. $227,500 е. B English (United States) DFocus 220% Page 5 of 7 1116 words ENG 8:40 PM P Type here to search 1/20/2021 US BANG &O UFSEN home 96 "3 目 00
- AutoSave Normal 因 Document1 - Word Search badiya aldujaili ff ВА EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) 11 - A A Aav A E E AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB AAB6CCC AaBbCcDa O Find - A Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1. 2 4 7 ) Peter Company manufactures a product in three processes: Cutting, Assembly, and Packaging. In the Packaging Department, materials are added at the end of the process. The following data are given for the Packaging Department: Units in beginning work in process, September 1 (40% complete) 3,000 Units started and completed during September 8,000 Units in ending work in process, September 30 (30% complete) 1,500 Peter's equivalent whole units for materials in September using weighted average method would be: a. 10,250 b.…AI - E H E AutoSave Normal Document1 - Word Search badiya aldujaili ff BА EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) 11 - A A Aav A E E AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB AAB6CCC AaBbCcDa O Find - A Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1. 2 4 7 Use the following information to answer the next 3 questions Kite Corp. manufactures custom cabinets and uses a job-order costing system. The company had two jobs in process at the beginning of October: Job No. 64 with a total beginning cost of $56,700 and Job No. 65 with a total beginning cost of $83,300. The company applies manufacturing overhead on the basis of machine hours. Budgeted overhead and machine activity for the year were anticipated to be $3,021,000 and 57,000 machine hours. The company worked on four…AI - E H E AutoSave Normal Document1 - Word Search badiya aldujaili ff BА EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) 11 - A A Aav A E E AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB AAB6CCC AaBbCcDa O Find - A Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1. 2 4 7 Use the following information to answer the next 3 questions Kite Corp. manufactures custom cabinets and uses a job-order costing system. The company had two jobs in process at the beginning of October: Job No. 64 with a total beginning cost of $56,700 and Job No. 65 with a total beginning cost of $83,300. The company applies manufacturing overhead on the basis of machine hours. Budgeted overhead and machine activity for the year were anticipated to be $3,021,000 and 57,000 machine hours. The company worked on four…
- Edit Viem Hstory Bookmarks Profle Window He p Thu 1045 A a 1 -ahanaany.adee xM Inbea 11 - aturakay aukar x a Choanork ur intav la kccauni classroom.google.comu/l/mMzzNDgEMTE1ODg2t/al O mpert nlea V Anely - Teach Far. Adniniet. EDF to DOC-Can Mra Felder * IL Coreunes . Accounts 30 Classify the following into assets and liabilities a) Building b) Machinery c) Creditor d) Debtor e) Cash in hand fi Rent owingducation.com/ext/map/index.html?_con%3con&externalbrowser%3D0&launchUrl=https%253A%252F%252Fbbhosted.cuny.edu%252Fwebapps%252Fportal9%252Fframes Es Login Module 5- Chap 1&. H Office templates & t.. Saved Help Save & Exit Subr Chapter 5 i FVAD $1 N FV S1 11.03000 0.97087 2 1.06090 0.94260 3 1.09273 0.91514 41.12551 0.88849 5 1.159270.86261 6 1.19405 0.83748 71.22987 0.81309 8 1.266770.78941 9 1.30477 0.76642 | 10.1591 10 1.343920.74409 11.4639 11 1.38423 0.72242 | 12.8078 12 1.42576 0.70138 | 14.1920 13 1.46853 0.68095 14 1.51259 0.66112 15 1.55797 0.64186 16 1.60471 0.62317 PV $1 FVA SI PVA $1 PVAD $1 1.0000 0.97087 1.0300 1.00000 2.0300 1.91347 2.0909 1.97087 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 7.78611 | 10.4639 8.53020 11.8078 9.25262 13.1920 9.95400 14.6178 10.25262 8.01969 8.78611 9.53020 15.6178 10.63496 | 16.0863 16.95400 17.0863 11.29607…7. Uneven cash flows A series of cash flows may not always necessarily be an annuity. Cash flows can also be uneven and variable in amount, but the concept of the time value of money will continue to apply. Consider the following case: The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palau over the next five years: Annual Cash Flows Year 2 Year 3 Year 4 Year 5 Year 1 $100,000 $20,000 $330,000 $450,000 $750,000 this investment is 4%. What is the present value of this uneven cash flow The CFO of the company believes that an appropriate annual interest rate stream, rounded to the nearest whole dollar? O $450,000 O $2,025,000 O $1,675,000 O $1,409,121 flows or annuity payments: Identify whether the situations described in the following table are examples of uneven MacBook Air 4> F10 F9 F8 F7 F6 F5 F4 F2 % 24 4. %23 0 5 6 8 3