User Account

All Pages

Calculate cost of goods available for sale

Assignment Help Accounting Basics
Reference no: EM131772477

Date Explanation Units Unit Cost Total Cost
June 1 Inventory 320 $8 $2,560
12 Purchase 640 9 5,760
23 Purchase 480 10 4,800
30 Inventory 160

Assume a sale of 704 units occurred on June 15 for a selling price of $11 and a sale of 576 units on June 27 for $12. Calculate cost of goods available for sale. The cost of goods available for sale

Reference no: EM131772477

Questions Cloud

Compute the probability who have the disease : Suppose a rare disease occurs in about 1 out of 1000 people who are like you. A test for the disease has sensitivity of 95% and specificity of 90%.
Prepare a sales budget with columns for each region : Of the units budgeted, 40% are sold in the Western Region at an average price of $75 per unit, Prepare a sales budget with columns for each region
Computing the probability of winning the game : You are at a casino with a friend, playing a game in which dice are involved. Your friend has just lost six times in a row.
Create a company report for the topt corn popcorn company : In this project, you will create a company report for the Top't Corn popcorn company using resources an Access database and two Excel files.
Calculate cost of goods available for sale : Calculate cost of goods available for sale, The cost of goods available for sale
Define transaction and operating exposures to currency risk : Transaction and Operating Exposure to Currency Risk: (i.) Please define transaction and operating exposures to currency risk.
Journalize the entries to record the foregoing transactions : The following transactions were completed by Hobson INC., whose fiscal year is the calendar year: Journalize the entries to record the foregoing transactions
What is the incremental effect on net income : If this division is eliminated, the fixed expenses will be allocated to the company's other divisions. What is the incremental effect on net income
Discuss liability in the governmental activities : Journalize the actual expenditure and liability in the governmental activities

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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