subject
Business, 20.07.2019 00:20 bdgray7759

Widget tek inc.’s original accountant accepted a position with another firm and left in early march. you have been asked to review the subsidiary inventory ledger record for widget tek inc.’s main product for march. date inventory quantity unit cost total cost mar. 1 850 $98.00 $83,300 1,275 $95.00 $121,125 mar. 8 650 $98.00 $63,700 mar. 11 325 $98.00 $31,850 mar. 14 325 $98.00 $31,850 780 $103.00 $80,340 mar. 22 260 $98.00 $25,480 mar. 25 260 $98.00 $25,480 1,700 $99.00 $168,300 the inventory schedule shows ending balances by date. the challenge is to determine purchases and cost of goods sold by comparing the ending inventory balances on each date. assume only one transaction was made to account for the difference. study the inventory record for march and answer the questions that follow.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:00
The boston hotel high-end linens 600-thread-count sheets coffeemaker and selected teas imported beer fresh-squeezed juices affordability food and drink double-thick bath towels silk pillowcases raw silk curtains with gold embellishments $100/night four-star rooms free snacks, shampoo, and conditioner free wireless internet
Answers: 3
question
Business, 22.06.2019 11:10
Verizon communications, inc., provides the following footnote relating to its leasing activities in its 10-k report. the aggregate minimum rental commitments under noncancelable leases for the periods shown at december 31, 2010, are as follows: years (dollars in millions) capital leases operatingleases 2011 $97 $1,898 2012 74 1,720 2013 70 1,471 2014 54 1,255 2015 42 1,012 thereafter 81 5,277 total minimum 418 $ 12,633 rental commitments less interest and (86) executory costs present value of 332 minimum lease payments less current (75) installments long-term obligation $257 at december 31, 2010 (a) confirm that verizon capitalized its capital leases using a rate of 7.4 %. (b) compute the present value of verizon's operating leases, assuming an 7.4% discount rate and rounding the remaining lease term to 3 decimal places. (use a financial calculator or excel to compute. do not round until your final answers. round each answer to the nearest whole number.)
Answers: 2
question
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
question
Business, 22.06.2019 22:00
In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society
Answers: 3
You know the right answer?
Widget tek inc.’s original accountant accepted a position with another firm and left in early march....
Questions
question
Mathematics, 21.05.2021 16:50
question
Mathematics, 21.05.2021 16:50
question
Mathematics, 21.05.2021 16:50
question
Mathematics, 21.05.2021 16:50
Questions on the website: 13722367