subject
Business, 06.11.2019 21:31 kookycookiefanx

Carver co., a retailer, uses the perpetual inventory method. carver uses the moving-average method to determine the value of its inventory. the following information relates to inventory transactions that took place during the month of march: 3/1 beginning inventory 30,000 units at $10 3/5 purchase 10,000 units at $12 3/10 sales at $20 per unit 20,000 units 3/20 purchase 20,000 units at $13 what amount should carver report as cost of goods sold on its income statement at the end of march?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:30
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
question
Business, 22.06.2019 19:40
Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.
Answers: 3
question
Business, 22.06.2019 22:00
Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?
Answers: 2
question
Business, 23.06.2019 01:30
Bruce matthews played football for the tennessee titans. as part of his contract, he agreed to submit any dispute to arbitra- tion. he also agreed that tennessee law would determine all matters related to workers' compensation. after matthews retired, he filed a workers' compensation claim in california. the arbitrator ruled that matthews could pursue his claim in california but only under tennessee law. should this award be set aside?
Answers: 2
You know the right answer?
Carver co., a retailer, uses the perpetual inventory method. carver uses the moving-average method t...
Questions
question
English, 07.01.2021 14:00
question
English, 07.01.2021 14:00
question
English, 07.01.2021 14:00
question
Mathematics, 07.01.2021 14:00
Questions on the website: 13722361