subject
Business, 27.03.2020 02:56 Alexandram2163

During 2021, a company sells 200 units of inventory for $58 each. The company has the following inventory purchase transactions for 2021: Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 57 $ 44 $ 2,508 May 5 Purchase 102 43 4,386 Nov. 3 Purchase 74 42 3,108 233 $ 10,002 Actual sales by the company include its entire beginning inventory, 82 units of inventory from the May 5 purchase, and 61 units from the November 3 purchase. Calculate cost of goods sold and ending inventory for 2021 assuming the company uses specific identification.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years
Answers: 1
question
Business, 22.06.2019 09:00
Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.
Answers: 1
question
Business, 22.06.2019 12:50
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
question
Business, 22.06.2019 13:50
Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system
Answers: 1
You know the right answer?
During 2021, a company sells 200 units of inventory for $58 each. The company has the following inve...
Questions
question
Mathematics, 14.09.2021 02:40
question
Mathematics, 14.09.2021 02:40
question
Mathematics, 14.09.2021 02:40
question
Physics, 14.09.2021 02:40
question
Mathematics, 14.09.2021 02:40
Questions on the website: 13722367