User Account

All Pages

What is the cost of the finished goods ending inventory

Assignment Help Accounting Basics
Reference no: EM133179303

Question - The following information is for Pharoah Inc. for the year 2022:

Manufacturing costs $3,014,400

Number of gloves manufactured 314,000 pairs

Beginning inventory 0 pairs

Sales in 2022 were 312,500 pairs of gloves for $20 per pair.

What is the cost of the finished goods ending inventory for 2022?

Reference no: EM133179303

Questions Cloud

What is meant by asset misappropriation : What is meant by Asset Misappropriation? How can Asset Misappropriation be prevented? Describe five red flags for the existence of Ghost employees
Determine the net present value for a project : Determine the net present value for a project that costs $84,500 and would yield after-tax cash flows of $13,000 the first year
How much in income taxes did exxonmobil save : Using a 40% tax rate, at the end of 2017, cumulatively, how much in income taxes did ExxonMobil save by being on LIFO
Health care costs are out of control in united states : Discuss the following statement: "Health care costs are out of control in the United States, and increasing conflicts between employers and employees
What is the cost of the finished goods ending inventory : Sales in 2022 were 312,500 pairs of gloves for $20 per pair. What is the cost of the finished goods ending inventory for 2022
What is the equivalent annual cost of an oven : The annual operating cost per oven is $10,000. What is the equivalent annual cost of an oven if the required rate of return is 13 percent
Why yields and prices of debt instruments are related : Explain how repurchase agreement transactions provide short-term investments to businesses. Why yields and prices of debt instruments are related
Developing quality staffing plan : How does knowledge of labor market information assist HR professionals in developing a quality staffing plan?
Compute the cost of capital : The after-tax cost of debt is 6%, of preferred stock, 12.5% and common equity has a cost of 15.5%. Compute the cost of capital

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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