Determine the amount of cost of goods sold using fifo, lifo

Stewart Company sold 180 units @ $320 each on October 31, 2012. Cash selling and administrative expenses were $15,000. The following information is also available: Determine the amount of cost of goods sold using:

  Determining demand and production strategy

Management at Davis Corporation has determined the following demand schedule in units. Prepare a production plan with the chase strategy, relying only on hires and layoffs.

  Write an analysis about test of liquidity

Write an analysis about test of liquidity that compare Best buy to Radio Shack and Conn's.

  Cash basis and accrual basis of accounting

In its first year of operations, Harden Co. earned $39,000 in revenues and received $33,000 cash from these customers-Calculate the first year’s net income under both the cash basis and the accrual basis of accounting.

  Information about basic accounting

Management uses accounting information to run the business (and be sure they get bonuses based on profitability ) stockholders use it to be sure they continue to have a sound investment, a banker may use it to monitor credit trends and for compari..

  Prepare schedule of costs of good

Your schedule and statement must be in proper form - this means they should look like they would in an annual report-Prepare a schedule of cost of goods manufactured in good form.

  Accumulated depreciation account

Do you think it is necessary to use an accumulated depreciation account instead of just adjusting the asset account directly?

  Capital structure and dividend policy

The firm's ability to accelerate or delay investment projects, A strong preference by most shareholders in the economy for current cash income versus capital gains, constraints imposed by the firm's bond indenture

  External users of accounting information include

Objective questions in accounting, Accounting is an information and measurement system that identifies, records, and communicates financial information to users. External users of accounting information include

  Computing amount of contribution margin

What is the amount of contribution margin that will be obtained per machine hour on each product? Which product would you recommend that the company work on next week - the orders for product F, product G, or product H? Show computations.

  Interest computations and journal entries

Dekon Company's December 31 year-end unadjusted trial balance shows an $8,000 balance is Notes Receivable. Prepare journal entries for December 31 and for the note's maturity date assuming it is honored.

  Prepare a system flowchart in good form for lakers loot