Required: 1. Compute the cost of goods sold for November and the invenitory at the end of November for each of the following cost flow assumprions FIPO 2. b. LIPO C. Average cost 2. Next Level What can you conclude about the effects of the ivennory cost Bow assumptions on the financial statemente
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- Armo n d ng genty le veed js en the of det prfeiorel r h Ovetatwetee sa.co0.rect pt later hu tm be00. and dretarolessona er cot was prected to be s000. Durng he yea, Amo ured ectuaoveteed com ofs212.000, ectuadrect proleona laer hun of TRS00, and actual dect laber cafanoon y en, overtead Che O ueveeote: Total Aet-Cuat linbiwbe Accumulated fundo tthistoation: The recepts and gagmetsalleunte of Liar c for the you Balane If Sub saptindn knded 2lst Delamt 1999 Wee ce Inserrance Rate l,000 ting 3,650 L, 700 600 Glavenalerpanes 6itor Reut fnnitume Sought lana /d 27,250 Sonatins 8,500 8,150 7,80 2,St0 27250 The fillowing nformetim Rates were 3600 2,F00 popaid Geneal Raputes prepaid Doo Raut Buing Subsaptim in Qureas 100 75 Foo 600 The foced assets funituns Cnd fifting Premies bepreciate thu Asets as at Ist jan 999 were; at1,500 A5,00 by o pepare; Youre veequired to Statemat of affats - m Come and"copenditwe allounts 2 Balane sheetas at 3lst Delember 1999,ideal farenitura couipment discorded onjene 15, 2013, that Rad a cost d lo, o00 $ and was jaukuadžed the dieporal f De equiprent"
- fadymanugacturing engineer foaned 15; 060 in the pank fr fue 'exeriron of 'her agreed that she wift poy E.Qn May go, 2012 a gouing induspy t 'was fue ol fugurt fo 2012. Amamf with Yo rate of inferelt What' k the ordinany imple infartst 4be paid?Question AR and Chave partenhp caplcot bcs 00 S00 and Stas 0, ly the income sharng A sR n ws. Add wi e parrh nd apeed that part pays S9500 A perh t The flnces t's and Cs Captal cc aer As wal wodd be OARSEND00C 0 OaR SS00, C 0010:59 * ll l O NO DAT AGSESSVENT POST FACH 3OUENAL ENTEY TO Is dOR kESPUDILla LED GER (CRITE YOHR ANSUER S N SEPARATE OF PAPPIR THE OWNER P(URCAASED SUPPIFS WORTAPIe GENERAL SDUENAL PAGE1 DATE A CCOUNT TIFFLE AND FXPLANTI ON PR DEBIT CREDF 2019 JUL- SUPPLIES CASA AC COUNT HAME ACCOUrt TITLY AN EXPLEHATIDN ACCOUT HO CREDIT BALANCFS DATE J.R DEBIT ACCOLNT NAME ACOCUNT TITLE DATE LAND EKPLAIATi J.R ACCOUnT HD- CREDIT IBALANCES DEBIT TitE BUSINESS RECENED P 8. FOR SERVICES RENDFRED 6FNERALTOURNAL ACCOUNT TITLE AND PR DFBIT EXPLAH RTIDN DATE CREDIT 2019 sul- CASH SERVICE REVE MUE 46
- Multiple Cholce We te er of the best aner besde the unbe e ced te g 1 Anng sone W Soet M Set d Feancal Smen The loweg nan olada a dectronics sla gry o d y sre compuler mulaturer Whch of he lownga tocly d for enry e pndens in the accouning pron? s degee Ceed Puble d Ceed Magment bacher's Auntant dege CPA Actt Heced the Tuhe of ing and tn ut the t book that ded any aunn pro Donad Kieso Pao kinrel 4 nA Tray accounbng nlomatedue alof he lowng et Laca PaciolANotes X A Soluti x A Notes x A Soluti x A Tuton X Answ X OTgzNDkyOTcw/a/MJU1MTU2OT94NZAX/details 2. The following trial balance was extracted from the books of Syarikat Wawa at 31 Mac 2020: RM 83,030 1,620 800 145,800 10,000 8,500 232,950 68,000 3,600 8,400 4,300 9,600 3,180 28,400 16,440 Particulars Capital Carriage in Carriage out Purchases Office equipment Motor vehicle Sales Wages and salaries Rent and rates Lighting and heating Vehicles running cost Telephone expenses General office expenses Debtors Creditors Provision for depreciation: Motor vehicle Office equipment Provision for doubtful debts 4,250 4,000 500 13,570 6,200 Drawings Cash at bank Cash in hand Stock as at 1 April 2019 Return inwards Return outwards 300 8,000 3,800 2,900 Additional information as at 31 Mac 2020: Stock on hand was valued at RM8,800 Rent and rates prepaid RM1,200 Wages and salaries RM1,750 iv. i. ii. i. Depreciation is to be provided as follows: a. Motor vehicles b. Office equipment 50 % reducing…Garey O coniderng an invement in epring ement cong S51400 The ement w te depcated on a straght-ne bais era eyeer ite anda peced to gererte net cah intoen of S130.000 e ft yea, 1150.000 e second yeat and S160.000 every ya terester un he ye What is he payback pered ornveste The resida va isere Round your aner to teo decimal places OA 27 years OR 3 yea De AMyes OD 2 years
- windeur Co. purdiad cyuipmenL fu ao.uD wlist a alimslad lu hurs e uaclul ile uf 10 yeara wilh sulvugu vulus uf s0.SUD J its cnd ol dul ime. U.presialian hea bean enterud fa / yuara sa a altuiplit line buaia In 201, il i dela minsd thul dis lutal cimulud ils alvuli b. 15 yuara wth a aivaje value .400t and at that time. (a) Presere the entry e anyi to comest the orior vears deprer arion. ьх (Credit account titles are automatically indented when amount is anhered. De nat indent manusaly. If no entry i required, seinct "Na Entry" for the account tvtles and enter O for the amounts.) Nu. ALLount Tlka and txplanaioI Debt Crudt (a Cick if o u hke to shaw Work fur ts n e Slan akNet pofit whew prods ppft is 640 corhiage sarriage inuoardls outward rent received and Othes expeses Qre I3600 will be.Date: Page No. B aue pastners shauing in pnofit in Hatid 3:2 there capltal 3.00.080 sespectivuly Theylmade doiawingsof 56o and 1250. They Shtitebl to 9.00.000 int on colpital on them. the year are Sbawing and 7% int on diau Their puofit 3. 50.cob. Al is entitud to balasy of werre. month I uehile Bis 6000 per entitled en sales.Damount is 6,ob.O00, prepare spescent of commission lappropsiation of yead 2020. gor the Dek. OPPO A53 ONancy photography 2021/01/29 12:07