Business, 08.04.2020 05:00 lizatapper5054
You are provided with the following information for Najera Inc. for the month ended June 30, 2017. Najera uses the periodic method for inventory.
Date
Description
Quantity
Unit Cost or
Selling Price
June
1
Beginning inventory
45
$42
June
4
Purchase
136
46
June
10
Sale
113
69
June
11
Sale return
15
69
June
18
Purchase
54
48
June
18
Purchase return
12
48
June
25
Sale
68
74
June
28
Purchase
35
52
(a1)
Calculate cost per unit. (Round answer to 2 decimal places, e. g. 5.25.)
Weighted-average cost per unit
$46.44
(a2)
Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round average-cost method answers to 2 decimal places, e. g. 1,250.25 and other answers to 0 decimal places, e. g. 1,250. Use weighted-average unit cost rounded to 2 decimal places for computations.)
LIFO
FIFO
AVERAGE-COST
The ending inventory
$
$
$
The cost of goods sold
$
$
$
Gross profit
$
$
$
Answers: 2
Business, 22.06.2019 08:00
Companies in the u.s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). ŷ = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct
Answers: 1
Business, 22.06.2019 11:30
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c incorrect
Answers: 2
Business, 22.06.2019 20:00
Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?
Answers: 2
Business, 23.06.2019 16:40
One of carl's department employees was severely injured on the job. carl has called in psychological counselors to talk to the other employees and scheduled a series of safety trainings for the department to be completed by the end of the week. he has also asked the hr personnel to talk to the department about the disability insurance that the company offers and make sure that his employees know what is available. carl is using to cope with the stress caused by his employee's injury.
Answers: 2
You are provided with the following information for Najera Inc. for the month ended June 30, 2017. N...
Geography, 11.08.2021 05:40
Mathematics, 11.08.2021 05:40
Physics, 11.08.2021 05:40
English, 11.08.2021 05:40
Mathematics, 11.08.2021 05:40
Geography, 11.08.2021 05:40
Social Studies, 11.08.2021 05:40
Social Studies, 11.08.2021 05:40
History, 11.08.2021 05:40
Mathematics, 11.08.2021 05:40
Mathematics, 11.08.2021 05:40