What is Carla Vista inventoriable cost

Assignment Help Accounting Basics
Reference no: EM132718446

Question - Carla Vista Co., a wholesale company, had the following information in its general ledger for the year 2018.

Merchandise purchased for resale $545,000

Purchase returns $8,500

Marketing expense $6,400

Freight-in $20,000

Interest on notes payable to vendors $5,000

Freight-out (delivery expense on sales) $23,700

Cash discounts on purchases $5,240

Required - What is Carla Vista's inventoriable cost for 2018?

Reference no: EM132718446

Questions Cloud

Case study-health care ethics : Jennifer Johnson: Maternal Drug Use and Fetal Rights (Boss, 2, p. 104)
Discussion about the health-care organization website : Fully explain in details whether or not this health-care organization's work is grounded in EBP and why or why not, and explain whether the information.
How does the epistemological shift : How does the epistemological shift, due to advances in technology, apply to the field of psychology? Where do you see this going in the next ten years?
What is the aesthetic view : What is the aesthetic view that evaluations of art should be based on properties possessed by the works themselves?
What is Carla Vista inventoriable cost : Carla Vista Co., a wholesale company, had the following information in its general ledger for the year 2018. What is Carla Vista inventoriable cost
Why do empiricist believe there are limits : Why do Empiricist believe there are limits to the knowledge of reality?
Define how your health system work setting has responded : Then, describe how your health system work setting has responded to the health-care issue/stressor, including a description of what changes may have been.
What tool did you use for the data capture : What type of device or system did you select to conduct your forensics investigation? What tool did you use for the data capture?
Write the list of key long-term strategic objectives : Write the list of key long-term strategic objectives you formulated and for each, determine the key performance indicators (KPIs), apportioned to the product

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd