subject
Business, 09.11.2019 06:31 20jhutchinson

Ferris company began january with 7,000 units of its principal product. the cost of each unit is $8. merchandise transactions for the month of january are as follows: purchases date of purchase units unit cost* total cost jan. 10 4,000 $ 9 $ 36,000 jan. 18 7,000 10 70,000 totals 11,000 106,000 * includes purchase price and cost of freight. sales date of sale units jan. 5 3,000 jan. 12 1,000 jan. 20 4,000 total 8,000 10,000 units were on hand at the end of the month. calculate january's ending inventory and cost of goods sold for the month using each of the following alternatives: 1. fifo, periodic system.2. lifo, periodic system.3. lifo, perpetual system.4. average cost, periodic system.5. average cost, perpetual system.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 17:20
David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?
Answers: 3
question
Business, 22.06.2019 20:00
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
question
Business, 22.06.2019 22:10
What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?
Answers: 1
You know the right answer?
Ferris company began january with 7,000 units of its principal product. the cost of each unit is $8....
Questions
question
English, 10.06.2020 21:57
Questions on the website: 13722362