Shepler boot company makes specialty boots for the rodeo

Reference no: EM13581309

Shepler Boot Company makes specialty boots for the rodeo circuit. On December 31, 2010, the company had (a) 500 pairs of boots in finished goods inventory and (b) 1,900 heels at a cost of $14 each in raw materials inventory. During 2011, the company purchased 38,000 additional heels at $14 each and manufactured 16,800 pairs of boots.

Required:

1.Determine the unit and dollar amounts of raw materials inventory in heels at December 31, 2011.

Ending inventory units
Ending inventory value $

Reference no: EM13581309

Questions Cloud

If the weighted average method is used and 14000 of : during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000

Cameron company has two production departments and a : cameron company has two production departments and a maintenance department. in addition the company keeps other costs

The charlotte plants profits continued to deteriorate as : xavier auto parts inc. manufactures a wide range of auto parts which it sells to auto manufacturers primarily in the

The chief executive of a clothes manufacturer charged with : the chief executive of a clothes manufacturer charged with committing financial fraud was dismayed that the controller

Shepler boot company makes specialty boots for the rodeo : shepler boot company makes specialty boots for the rodeo circuit. on december 31 2010 the company had a 500 pairs of

Harmon household products inc manufactures a number of : harmon household products inc. manufactures a number of consumer items for general household use. one of these products

Airmeals inc prepares in-flight meals for a number of major : airmeals inc. prepares in-flight meals for a number of major airlines. one of the companys products is stuffed

Schopp inc has been manufacturing its own shades for its : schopp inc. has been manufacturing its own shades for its table lamps. the company is currently operating at 100 of

Xzy company employs a process costing system for its : xzy company employs a process costing system for its manufacturing operations. all direct materials are added at the

User Account

All Pages