Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Viliandrys inventory includes three items for which the following details are available.
Product
Supplier
Net realisable value
A
3600
5100
B
2900
2800
C
4200
4100
The company receives 2.5% trade discount from its suppliers and it's also takes advantage of a 2% discount for prompt payment.
Required -
a) Calculate the total value of products A, B, C which should be shown in the inventory in the statement of financial position.
b) Explain the difference that changing from a weighed average to FIFO method of inventory valuation is likely to have in an entity's profit and loss.
Work-in-process inventory was $14,900 at January 1 and $16,700 at December 31. Finished goods inventory was $65,000 at January 1 and $58,300 at December 31.
Prepare an updated ‘what if' total contribution margin income statement. Would this change be a good financial move for his business? Please explain.
during september the following summary transactions were completed. sept. 8 paid 1356 for salaries due employees of
Determine sample size based on the following audit judgments.
prepare a report for him to include in the tender document.- What the audit would involve?-Who could be the auditor?
Compute the amount of expense that should be recorded the first year related to the improvements.
write company has a maximum capacity of 200000 units per year. variable manufacturing costs are 12 per unit. fixed
What per-visit price must be set for the service to breakeven? To earn an annual profit of $100,000? Return to the data given in the problem
Vintech Company is planning to produce 2,100 units of product in 2011. Compute the standard cost of one unit of product
You are a relatively recent hire to Hartz & Co., a local manu- facturer of plumbing supply products. Prepare the cash budget for November and December
Prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year.
xs supply company is developing its annual financial statements at december 31 2010. the statements are complete except
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd