subject
Business, 05.05.2020 20:22 1tzM3

Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No. Quantity Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit
1320 1,900 $4.64 $4.35 $6.53 $0.51 $1.81
1333 1,600 3.92 3.34 5.08 0.73 0.73
1426 1,500 6.53 5.37 7.25 0.58 1.45
1437 1,700 5.22 4.50 4.64 0.36 1.31
1510 1,400 3.26 2.90 4.71 1.16 0.87
1522 1,200 4.35 3.92 5.51 0.58 0.73
1573 3,700 2.61 2.32 3.63 1.09 0.73
1626 1,700 6.82 7.54 8.70 0.73 1.45

From the information above, determine the amount of Bolton Company inventory.

The amount of Sedato Company

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet
Answers: 1
question
Business, 22.06.2019 05:30
Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?
Answers: 3
question
Business, 22.06.2019 10:40
At cooly cola, we are testing the appeal of our new diet one cola. in a taste test of 250 randomly chosen cola drinkers, 200 consumers preferred diet one cola to the leading brand. assuming that the sample were large enough, the large-sample 95% confidence interval for the population proportion of cola drinkers that prefer diet one cola would be:
Answers: 1
question
Business, 22.06.2019 22:10
Which of the following is usually not one of the top considerations in choosing a country for a facility location? a. availability of labor and labor productivityb. attitude of governmental unitsc. location of marketsd. zoning regulationse. exchange rates
Answers: 1
You know the right answer?
Michael Bolton Company follows the practice of pricing its inventory at the lower-of-cost-or-market,...
Questions
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
English, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Mathematics, 28.01.2021 22:50
question
Geography, 28.01.2021 22:50
Questions on the website: 13722361