User Account

All Pages

What should waterway do

Assignment Help Financial Accounting
Reference no: EM132487679

Question 1: Waterway Industries has old inventory on hand that cost $21750. Its scrap value is $29000. The inventory could be sold for $72500 if manufactured further at an additional cost of $21750. What should Waterway do?

Option 1: Hold the inventory at its $21750 cost

Option 2: Dispose of the inventory to avoid any further decline in value

Option 3: Manufacture further and sell it for $72500

Option 4: Sell the inventory for $29000 scrap value

Reference no: EM132487679

Questions Cloud

Explain why you like this particular poem : You are to choose a poem from this week's readings that speaks to you on some personal level. Explain why you like this particular poem better than the others
Social issue impacting women from a global perspective : What is one social issue impacting women from a global perspective?
Explain what the bill c-31 policy is : Explain what the Bill C-31 policy is and then explain at least 2 ways that it has impacted Indigenous peoples.
Identify the drgs to be audited : Identify the DRG's to be audited. Determine how many charts to be audited. Construct an audit template to be used to review the charts
What should waterway do : Its scrap value is $29000. The inventory could be sold for $72500 if manufactured further at an additional cost of $21750. What should Waterway do?
MBA502 Emotional Intelligence, Cultural Intelligence : MBA502 Emotional Intelligence, Cultural Intelligence and Diversity Assignment Help and Solution - Kaplan Business School, Australia
What the costs of the inspecting cost pool to products is : Cost pool was $360000 for 5000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is
Opponents of judicial review : Opponents of judicial review believe that it leads to judicial tyranny. They assert that an unelected group of nine judges should not be able to negate
How you perceive sexual attractiveness : How do factors such as body size, skin color, and physical ability influence how you perceive sexual attractiveness? How do you suppose your choices

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute capitalized costs and deductions by year

LPC is an independent oil and gas company. -Determine how the all costs should be treated and compute capitalized costs and deductions by year.

  Compute the net income for company for the year end

For the year ended December 31, 2007, Jordan Company had expenses of $3,374,000,000 and revenues of $3,486,100,000. The retained earnings balance at the beginning and end of the year were $257,700,000 and $369,400,000, respectively. Compute the net i..

  Discuss the potential effect on return on assets

Discuss the potential effect on return on assets that this product might have - Lauren Rado, a marketing executive for Fresh Views Inc.

  Best describes the accrual of interest

Which of the following best describes the accrual of interest?

  Discuss how would account for the pipeline

Discuss how you would account for the pipeline. Chevron Ltd and Esso Ltd are companies that have newly discovered oil wells in South East Asia.

  Adequate controls in the general ledger and reporting system

A well-designed AIS should provide adequate controls in the general ledger and reporting system (or any cycle) to ensure that control objectives are met. Discuss those control objectives. What are the major exposures in the general ledger/financial r..

  Find the cumulative markup percent

The opening inventory for the boys department on March 1 $150,0000 at cost and $260,000 at retail. During the month , the department received merchandise that cost $95,000 with a 51% markup. Find the cumulative markup percent.

  Understanding of accounting standards and principles

What do you believe your response should be in this situation and develop a thorough understanding of accounting standards and principles.

  Calculate the machining activity proportions for products

Atlanta Systems produces two different products, Product A, which sells for $253 per unit, and Product B, which sells for $413 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Calculate the Desig..

  What are the consolidated balances for the accounts

What are the consolidated balances for the following accounts? (Input all amounts as positive values).On June 30, 2017, Wisconsin, Inc., issued $358,600 in debt

  How much income must sue report if she elects the annuity

How much income must Sue report if she elects the annuity? C) How much income wouls Sue have to report if her nursing home bills amounted to only $36,000 per year?

  Use the information presented below for sunside villas inc

use the information presented below for sunside villas inc. for 2007 and 2006 to answer the questions that follow.

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