subject
Business, 19.10.2019 05:30 iamasia06

Stallman company took a physical inventory on december 31 and determined that goods costing $275,260 were on hand. not included in the physical count were $31,540 of goods purchased from pelzer corporation, f. o.b. shipping point, and $28,940 of goods sold to alvarez company for $39,800, f. o.b. destination. both the pelzer purchase and the alvarez sale were in transit at year-end. what amount should stallman report as its december 31 inventory?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 19:20
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
Answers: 2
question
Business, 22.06.2019 02:30
Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.
Answers: 2
question
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
question
Business, 22.06.2019 20:10
As the inventor of hypertension medication, onesure pharmaceuticals (osp) inc. was able to reap the benefits of economies of scale due to a large consumer demand for the drug. even when competitors later developed similar drugs after the expiry of osp's patents, regular users did not want to switch because they were concerned about possible side effects. which of the following benefits does this scenario best illustrate? a. first-mover advantages b. social benefits c. network externalities d. fringe benefits
Answers: 3
You know the right answer?
Stallman company took a physical inventory on december 31 and determined that goods costing $275,260...
Questions
question
History, 31.01.2021 03:10
question
Mathematics, 31.01.2021 03:10
question
Mathematics, 31.01.2021 03:20
question
Mathematics, 31.01.2021 03:20
question
Mathematics, 31.01.2021 03:20
question
Mathematics, 31.01.2021 03:20
question
English, 31.01.2021 03:20
Questions on the website: 13722363