subject
Business, 17.04.2020 04:12 Shom2095

Grays Company has inventory of 28 units at a cost of $9 each on August 1. On August 3, it purchased 38 units at $10 each. 30 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 30 units that were sold?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:00
Which energy career pathways work with renewable energy? check all that apply.
Answers: 1
question
Business, 22.06.2019 06:30
Double corporation acquired all of the common stock of simple company for
Answers: 2
question
Business, 22.06.2019 11:10
Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.
Answers: 1
question
Business, 22.06.2019 20:30
Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?
Answers: 1
You know the right answer?
Grays Company has inventory of 28 units at a cost of $9 each on August 1. On August 3, it purchased...
Questions
question
Mathematics, 31.10.2019 20:31
question
Mathematics, 31.10.2019 20:31
Questions on the website: 13722367