User Account

All Pages

What should be the inventory at January

Assignment Help Accounting Basics
Reference no: EM132351142

Question - The following information was available from the inventory records of Bramble Corp. for January:

 

Units

Unit Cost

Total Cost

Balance at January 1

7000

$7.60

$53200

Purchases:

 

 

 

January 6

6000

10.20

61200

January 26

9000

10.70

96300

Sales

January 7

(7000)

January 31

(10000)

Balance at January 31

5000

Assuming that Bramble maintains perpetual inventory records, what should be the inventory at January 31, using the moving - average inventory method, rounded to the nearest dollar?

$48000

$49700

$47885

$52022

Reference no: EM132351142

Questions Cloud

How does the first amendment apply to the given situation : You have a standard practice of displaying all student work in your classroom. Recently, you assigned students to write any essay and submit a pictorial.
Different types of financial risks : Some of the measures you would suggest to the firm to manage the different types of financial risks faced
Describe the roles and responsibilities of team members : R/601/8824- HSC 3049 Prepare environments and resources for use during healthcare activities-Describe the roles and responsibilities of team members.
Define strategies to enhance language development skills : Teachers consider many factors when developing unit plans to meet the needs of a variety of students. It is important to consider the strengths and needed.
What should be the inventory at January : Assuming that Bramble maintains perpetual inventory records, what should be the inventory at January 31, using the moving - average inventory method
What is the current price of the bond : a. What is the current price of the bond? b. By what percent will the price of the bonds increase between now and maturity?
Devise a learning activity aligned with a curricular goal : Based on the story that you have chosen, devise a learning activity aligned with a curricular/academic goal for Alfonso that focuses on reading comprehension.
Required rate of return whitewater : Whitewater Company is evaluating a new project that has an initial cost of $1 million. If the project gets accepted, Whitewater plans to borrow $1 million
Demonstrate how to store medication safely : F/601/4056-HSC 3047 Support use of medication in social care settings-Identify legislation that governs the use of medication in social care settings.

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