What is Inventory Cost per unit at February

Assignment Help Accounting Basics
Reference no: EM132603461

Question - Carol Corp has the following inventory data for February 2018:

Beginning Units: 7,500

Ending Units: 7,900

Cost in Excess of Market Per/Unit At January 31st: 3.00

Replacement Cost per unit at February 28th: 40

Decrease in February Gross Profit Associated with LOCM: 7,125

What is Inventory Cost per unit at February 28th?

Reference no: EM132603461

Questions Cloud

Find What rate of return are earning on the loan : He is proposing to repay you with three annual payments of $319.57 starting immediately. What rate of return are you earning on the loan?
How are the boundaries of the firm best established : How do firms contribute to the efficiency of the market economy in ways that networks of independent contractors do not?
Business environment to business environment : Discuss the purpose of IT governance. How does IT governance vary from industry to industry or business environment to business environment?
Find what are the monthly loan payments for the car : Find What are the monthly loan payments for the car if you make a down payment of ?$4,073?, the term is 4 years and the APR is 11.5?%?
What is Inventory Cost per unit at February : Decrease in February Gross Profit Associated with LOCM: 7,125. What is Inventory Cost per unit at February 28th
What is the marginal product of capital : The ratio of capital to output is four, the growth rate of output is five percent, and the useful life of capital is 20 years.
How do compute the variances for july : Compute the variances for July. 77,000 microns were purchased at a cost of $0.29 per micron. 31,500 of these microns were still in inventory at the end
Define ways to assure that you are not getting attacked : The Acme Corporation is a new startup that wishes to sale their new phone to the public called Acmephone, a more secure version of the phone to business.
System development life cycle : System development life cycle - Phases involved in SDLC. Determining project costs - describes the various methods of assessing project feasibility

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