Business, 03.11.2020 16:20 hosteenimport21
You have the following information for Nash's Trading Post, LLC for the month ended October 31, 2022. Nash uses a periodic method for inventory. Date Description Units Unit Cost or Selling Price Oct. 1 Beginning inventory 50 $24 Oct. 9 Purchase 130 26 Oct. 11 Sale 100 40 Oct. 17 Purchase 100 27 Oct. 22 Sale 50 45 Oct. 25 Purchase 60 29 Oct. 29 Sale 110 45 Calculate the weighted-average cost. (Round answer to 3 decimal places, e. g. 5.125.) Weighted-average cost per unit $enter weighted-average cost per unit in dollars LINK TO TEXT LINK TO VIDEO Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 0 decimal place, e. g. 125.) LIFO FIFO AVERAGE-COST The ending inventory $enter a dollar amount $enter a dollar amount $enter a dollar amount The cost of goods sold $enter a dollar amount $enter a dollar amount $enter a dollar amount Gross profit $enter a dollar amount $enter a dollar amount $enter a dollar amount LINK TO TEXT LINK TO VIDEO Calculate gross profit rate under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round answers to 1 decimal place, e. g. 51.2%) LIFO FIFO AVERAGE-COST Gross profit rate enter a gross profit rate in percentages rounded to 1 decimal place % enter a gross profit rate in percentages rounded to 1 decimal place % enter a gross profit rate in percentages rounded to 1 decimal place %
Answers: 2
Business, 21.06.2019 18:30, mashejaj
2. high-glow currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 5 variable manufacturing overhead 14 fixed manufacturing overhead 10 total manufacturing costs $79 the plant is experiencing demand shortage and is considering reducing production to 800 bicycles. what is the per unit cost of producing 800 bicycles? a) $79 per unit b) $81.50 per unit c) $74 per unit d) $69 per unit
Answers: 2
Business, 22.06.2019 16:40, yoooo9313
An electronics store is running a promotion where for every video game purchased, the customer receives a coupon upon checkout to purchase a second game at a 50% discount. the coupons expire in one year. the store normally recognized a gross profit margin of 40% of the selling price on video games. how would the store account for a purchase using the discount coupon?
Answers: 3
Business, 22.06.2019 18:50, saltytaetae
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
Business, 22.06.2019 21:50, reggiegilbert1995
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
You have the following information for Nash's Trading Post, LLC for the month ended October 31, 2022...
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