subject
Business, 20.11.2019 00:31 videogamer1192

The management of blue spruce corp. asks your in determining the comparative effects of the fifo and lifo inventory cost flow methods. for 2017, the accounting records show these data. inventory, january 1 (9,520 units) $ 31,416cost of 127,290 units purchased 474,422selling price of 94,700 units sold 723,700operating expenses 113,570units purchased consisted of 35,360 units at $3.50 on may 10; 56,860 units at $3.70 on august 15; and 35,070 units at $4.00 on november 20. income taxes are 26%.prepare comparative condensed income statements for 2017 under fifo and lifo.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
The hawthorne works was a large western electric factory with 45,000 employees. during the 1920s and 1930s, hawthorne works was the site of some well-known industrial studies. in one of the studies, researchers investigated the impact of different working conditions on worker productivity. prior to the start of the study, researchers secretly measured workers' productivity for several weeks. then researchers chose two workers, who then chose their own teams. the teams were separated from the general workforce and completed their work in different experiment rooms where the researchers could observe them more easily. over a 5-year period researchers manipulated the structure of the workday for each team (number and duration of breaks and number of hours per shift). for each of these changes in working conditions, the researchers measured the effect on productivity. for some conditions, such as frequent short breaks, workers rebelled by intentionally decreasing productivity.why did the researchers secretly measure the workers' productivity before creating the two treatment groups? a, to create similar treatment groups so that a cause-and-effect relationship could be establishedb, to draw conclusions about the productivity of all workers in the plant based on the test groupsc, to directly control for confounding variablesd, to provide a baseline for measuring worker productivity
Answers: 3
question
Business, 21.06.2019 20:40
Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?
Answers: 2
question
Business, 22.06.2019 09:00
Afood worker has just rinsed a dish after cleaning it.what should he do next?
Answers: 2
question
Business, 22.06.2019 12:30
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
You know the right answer?
The management of blue spruce corp. asks your in determining the comparative effects of the fifo an...
Questions
question
Biology, 17.04.2021 06:30
question
Chemistry, 17.04.2021 06:30
Questions on the website: 13722361