Business, 15.04.2020 02:10 Tianylee2328

Calculate the cost of ending inventory using FIFO method. 1/1 Beginning inventory 10 units at $10 each 2/28 Purchase 40 units at $12 each 5/10 Purchase 50 units at $14 each 9/20 Purchase 30 units at $16 each 12/31 Ending inventory 50 units

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 19:50

Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t

Answers: 1

Answer

Business, 22.06.2019 04:10

An outside manufacturer has offered to produce 60,000 daks and ship them directly to andretti's customers. if andretti company accepts this offer, the facilities that it uses to produce daks would be idle; however, fixed manufacturing overhead costs would be reduced by 75%. because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. what is andretti's avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?

Answers: 3

Answer

Business, 22.06.2019 11:20

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

Answers: 2

Answer

Business, 22.06.2019 13:30

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Answers: 2

Answer

You know the right answer?

Calculate the cost of ending inventory using FIFO method. 1/1 Beginning inventory 10 units at $10 ea...

Questions