Homework Answers
| Date | Purchase | Sale ( at cost ) | Balance | ||||||
| Units | Unit cost | Total cost | Units | Unit cost | Total cost | Units | Unit cost | Total cost | |
| January 31 | 300 | 20 | 6000 | 300 | 20 | 6000 | |||
| February 28 | 200 | 40 | 8000 | 300 | 20 | 6000 | |||
| 200 | 40 | 8000 | |||||||
| March 1 to December 31 | 200 | 40 | 8000 | 250 | 20 | 5000 | |||
| 50 | 20 | 1000 | |||||||
| Ending inventory = 5000 [ Option A ] |
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t phased 200 for Acomp a n h an then peory) each on February 28 of...
D) $6,300 16) A company purchased 300 units for $20 each on January 31. It purchased...
D) $6,300 16) A company purchased 300 units for $20 each on January 31. It purchased 200 units for $40 each on February 28. It sold a total of 250 units for $110 each from March 1 through December 31. If the company uses the last-in, first-out inventory (LIFO) costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system.) A) 55,000 B) $10,000 $22,500 D) $250 W anita nf inventory...
United Corporation began operations on February 1, 2014, and showed the following account balances at February...
United Corporation began operations on February 1, 2014, and showed the following account balances at February 28. Cash: $28,500; Accounts Receivable: $4,300; Prepaid Insurance: $1,000; Prepaid Rent: $1,300; Equipment: $4,800; Accounts Payable: $1,500; Share Capital: $25,500; Rent Earned: $15,000; Utilities Expense: $2,100. The following transactions occurred during March. a. March 1 : Kevin Smith (a shareholder), received share capital in United Corporation, after investing $35,000 cash into the business. b. March 2: United Corporation rented machinery to a customer on...
H (calories/m3) 600 500 400 300 H(T,0.4) Н (Т, 0.3) 200 Н(T, 0.2) 100 Н(Т,0.1) T...
H (calories/m3) 600 500 400 300 H(T,0.4) Н (Т, 0.3) 200 Н(T, 0.2) 100 Н(Т,0.1) T (oC) 40 0 10 20 n 30 Figure 14.17 31. Use Figure 14.17 to estimate HT (10,0.1). Interpret the partial derivative in practical terms. 1 A 17
H (calories/m3) 600 500 400 300 H(T,0.4) Н (Т, 0.3) 200 Н(T, 0.2) 100 Н(Т,0.1) T (oC) 40 0 10 20 n 30 Figure 14.17 31. Use Figure 14.17 to estimate HT (10,0.1). Interpret the partial derivative...
a) Find the output of the system 1 h[n] = 28[n + 1] + [n] +3...
a) Find the output of the system 1 h[n] = 28[n + 1] + [n] +3 while x[n] = 28[n + 1] + [n – 1] +2 0[n – 1] - [n – 2] b) Find the output of the system h(t) for the x(t) given below. x(t) let, lo, Ost<2 others h(t) = {0; -15t52 others x(t) h(t) 1 -1 2 c) Find the state-variable description of the system represented by block diagram given below. S x[n] S y[n]...
od 150 for a from March 1 ment for the year ending December 317 December the...
od 150 for a from March 1 ment for the year ending December 317 December the companys A company u the first Dep sed 110 units for $30 each on January 31 purchased 150 units for $25 each on February 28. r o wentaryong method what is the amount of Cost of Goods Sold on the income ry system) o OA 52.300 14300 C32.750 OD 17.050 postindustrial ap for 1.000 a 70 for the right-in. The company sold the whole...
2. A company purchased 110 units for $30 each on January 31. It purchased 170 units...
2. A company purchased 110 units for $30 each on January 31. It purchased 170 units for $35 each on February 28. It sold 170 units for $80 each from March 1 through December 31. If the company uses FIFO inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system)
Novak Limited is trying to determine the amount of its ending inventory as at February 28,...
Novak Limited is trying to determine the amount of its ending inventory as at February 28, the company’s year end. The accountant counted everything in the warehouse in early March, which resulted in an ending inventory amount of $200,800. However, the accountant was not sure how to treat the following transactions, so he did not include them in the count. He has asked for your help in determining whether or not the following transactions should be included in inventory: 1....
company purchased 400 units for $20 each on January 31. It purchased 480 units for $24...
company purchased 400 units for $20 each on January 31. It purchased 480 units for $24 each on February 28. It sold a total of 560 units for $45 each from March 1 rough December 31. What is the cost of ending inventory on December 31 if the company uses the first-in, first-out (FIFO) inventory costing method? (Assume at the company uses a perpetual inventory system.) OA. $3,360 OB. $7,680 ОС. $3.040 OD. $6,400
The president of Her o es the f months as follow reedom andere January February March...
The president of Her o es the f months as follow reedom andere January February March 2,100 1,700 1.600 1.700 June l August Her operation manager is considering a new plan, which begins in January with 200 units of invertory on hand. Stockout cost of The plan is called plan A $100 per uniterary holding cost is $25 per un monthgrore any ide me costs t 800 units per month The cost of additional Plan A Vary the workforce kvalite...
Mangold Limited is trying to determine he amount o its ending inventory as at February 28, the company's year end....
Mangold Limited is trying to determine he amount o its ending inventory as at February 28, the company's year end. The accountant counted everything n the warehouse in arly March, which resulted n an cnding nventory amount af 202 accountant was not sure how to treat the folowing transactions, so he did not incdude them in the count. He has asknd for your help in determining whather or not the following transactions should be included in inventary 0 Howavor, the...
D) $6,300 16) A company purchased 300 units for $20 each on January 31. It purchased 200 units for $40 each on February 28. It sold a total of 250 units for $110 each from March 1 through December 31. If the company uses the last-in, first-out inventory (LIFO) costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system.) A) 55,000 B) $10,000 $22,500 D) $250 W anita nf inventory...
United Corporation began operations on February 1, 2014, and showed the following account balances at February 28. Cash: $28,500; Accounts Receivable: $4,300; Prepaid Insurance: $1,000; Prepaid Rent: $1,300; Equipment: $4,800; Accounts Payable: $1,500; Share Capital: $25,500; Rent Earned: $15,000; Utilities Expense: $2,100. The following transactions occurred during March. a. March 1 : Kevin Smith (a shareholder), received share capital in United Corporation, after investing $35,000 cash into the business. b. March 2: United Corporation rented machinery to a customer on...
H (calories/m3) 600 500 400 300 H(T,0.4) Н (Т, 0.3) 200 Н(T, 0.2) 100 Н(Т,0.1) T (oC) 40 0 10 20 n 30 Figure 14.17 31. Use Figure 14.17 to estimate HT (10,0.1). Interpret the partial derivative in practical terms. 1 A 17
H (calories/m3) 600 500 400 300 H(T,0.4) Н (Т, 0.3) 200 Н(T, 0.2) 100 Н(Т,0.1) T (oC) 40 0 10 20 n 30 Figure 14.17 31. Use Figure 14.17 to estimate HT (10,0.1). Interpret the partial derivative...
a) Find the output of the system 1 h[n] = 28[n + 1] + [n] +3 while x[n] = 28[n + 1] + [n – 1] +2 0[n – 1] - [n – 2] b) Find the output of the system h(t) for the x(t) given below. x(t) let, lo, Ost<2 others h(t) = {0; -15t52 others x(t) h(t) 1 -1 2 c) Find the state-variable description of the system represented by block diagram given below. S x[n] S y[n]...
od 150 for a from March 1 ment for the year ending December 317 December the companys A company u the first Dep sed 110 units for $30 each on January 31 purchased 150 units for $25 each on February 28. r o wentaryong method what is the amount of Cost of Goods Sold on the income ry system) o OA 52.300 14300 C32.750 OD 17.050 postindustrial ap for 1.000 a 70 for the right-in. The company sold the whole...
2. A company purchased 110 units for $30 each on January 31. It purchased 170 units for $35 each on February 28. It sold 170 units for $80 each from March 1 through December 31. If the company uses FIFO inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system)
company purchased 400 units for $20 each on January 31. It purchased 480 units for $24 each on February 28. It sold a total of 560 units for $45 each from March 1 rough December 31. What is the cost of ending inventory on December 31 if the company uses the first-in, first-out (FIFO) inventory costing method? (Assume at the company uses a perpetual inventory system.) OA. $3,360 OB. $7,680 ОС. $3.040 OD. $6,400
The president of Her o es the f months as follow reedom andere January February March 2,100 1,700 1.600 1.700 June l August Her operation manager is considering a new plan, which begins in January with 200 units of invertory on hand. Stockout cost of The plan is called plan A $100 per uniterary holding cost is $25 per un monthgrore any ide me costs t 800 units per month The cost of additional Plan A Vary the workforce kvalite...
Mangold Limited is trying to determine he amount o its ending inventory as at February 28, the company's year end. The accountant counted everything n the warehouse in arly March, which resulted n an cnding nventory amount af 202 accountant was not sure how to treat the folowing transactions, so he did not incdude them in the count. He has asknd for your help in determining whather or not the following transactions should be included in inventary 0 Howavor, the...
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