Business, 22.10.2019 19:30 kony345p

Current attempt in progress umatilla bank and trust is considering giving pohl company a loan. before doing so, it decides that further discussions with pohl’s accountant may be desirable. one area of particular concern is the inventory account, which has a year-end balance of $275,000. discussions with the accountant reveal the following. 1. pohl shipped goods costing $55,000 to hemlock company fob shipping point on december 28. the goods are not expected to reach hemlock until january 12. the goods were not included in the physical inventory because they were not in the warehouse. 2. the physical count of the inventory did not include goods costing $95,000 that were shipped to pohl fob destination on december 27 and were still in transit at year-end. 3. pohl received goods costing $25,000 on january 2. the goods were shipped fob shipping point on december 26 by yanice co. the goods were not included in the physical count. 4. pohl shipped goods costing $51,000 to ehler of canada fob destination on december 30. the goods were received in canada on january 8. they were not included in pohl physical inventory. 5. pohl received goods costing $42,000 on january 2 that were shipped fob destination on december 29. the shipment was a rush order that was supposed to arrive december 31. this purchase was included in the ending inventory of $275,000. determine the correct inventory amount on december 31. the correct inventory amount on december 31 $enter a dollar amount

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 03:30

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

Answers: 1

Answer

Business, 22.06.2019 06:10

Amanda works as an industrial designer

Answers: 1

Answer

Business, 22.06.2019 13:20

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.

Answers: 3

Answer

Business, 22.06.2019 19:40

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.

Answers: 3

Answer

You know the right answer?

Current attempt in progress umatilla bank and trust is considering giving pohl company a loan. befor...

Questions