Allyson Ashley makes jet skis. During the year, Allyson manufactured 54,000 jet skis. Finished goods inventory had
Question:
January 1 ......2, 100
December 31 ......2, 750
Required:
1. How many jet skis did Allyson sell during the year?
2. If each jet ski had a product cost of $1,125, what was the cost of goods sold last year?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (19 reviews)
1 Finished goods inventory January 1 2100 U...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0324660135
3rd Edition
Authors: Mowen, Hansen, Heitger
Question Posted:
Students also viewed these Managerial Accounting questions
-
Allyson Ashley makes jet skis. During the year, Allyson manufactured 42,000 jet skis. Finished goods inventory had the following units: January 1 ........ 4,300 December 31 ...... 3,900 Required: 1....
-
Allyson Ashley makes jet skis. During the year, Allyson manufactured 94,000 jet skis. Finished goods inventory had the following units: January 1...............................6,800 December...
-
Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at...
-
Consider an atom diffuses in a 3 D simple cubic lattice by a random walk mechanism. The atom jumps 6 x 1 0 - 5 times per second at 3 0 0 K and 3 x 1 0 4 times per second at 6 0 0 K . Assuming that...
-
Paterson Products is considering leasing a computerized inventory control system to reduce its average inventories. The annual cost of the system is $46,000. It is expected that with the system the...
-
For an algorithm that finds X in a pre-sorted array: int Search(int[] data, int x) { for (int i = 0; i < n; i++) { if(data(i)==x) return i; } return -1; } Create an algorithm that performs better...
-
Donald Midkif, a data scientist with Khatri, Inc. has been tasked with determining in which of the largest U.S. cities the products Khatri manufactures and distributes are most popular as measured by...
-
When Sara Yus father died suddenly, Sara had just completed the semester in college, so she stepped in to run the family business, AAA Couriers, until it could be sold. Under her fathers direction,...
-
Use the simulation Ladybug Revolution (https://phet.colorado.edu/en/simulation/legacy/rotation) Make sure your angle units are in radians. You can change this under the Rotation tab (angle units at...
-
Consider a particle is confined in a three-level system. The probability of finding the particle in first level is 0.38, for second level 0.36, and for third level it is 0.26. What is the entropy of...
-
Hannah Banana Bakers makes chocolate chip cookies for cafe restaurants. In June, Hannah Banana purchased $15,500 of materials. On June 1, the materials inventory was $3,700. On June 30, $1,600 of...
-
In March, Chilton Company purchased materials costing $14,000 and incurred direct labor cost of $20,000. Overhead totaled $36,000 for the month. Information on inventories was as follows: Required:...
-
How would you measure consumer problems among the following? a) College students b) Children aged 2 to 4 c) Internet shoppers d) New residents in a town e) Vegans f) Newly married couples
-
Write a simple loop that lets you exercise the cache. By changing the number of statements in the loop body, you can vary the cache hit rate of the loop as it executes. If your microprocessor fetches...
-
You are given a 2-byte wide bus that supports single-byte, dual-word (same clock cycle), and burst transfers of up to 8 bytes (4 byte pairs per burst). The overhead of each of these types of...
-
Compare the source code and assembly code for a moderate-size program. (Most C compilers will provide an assembly language listing with the -S flag.) Can you trace the high-level language statements...
-
You and a child are standing on a bathroom scale, which uses compression of a spring to measure the force exerted by your feet on the scale. What happens to the scale reading as you lift the child...
-
Explain why you cannot cause Earth to accelerate very much, even if you jump up and down on it.
-
If hikers and others were required to pay a fee to use the Appalachian Trail, would the use of this common resource be more efficient? Would it be even more efficient if the most popular spots such...
-
Bonus shares can be issued out of revenue reserves. True/False?
-
a. What does duration measure? b. What is the duration of a zero coupon bond? c. What happens to a bonds duration as its maturity grows?
-
The following income statement and vertical analysis data are available for Willis Audio Products: Required: 1. Suggest why net income increased from $92,500 to $414,900 while the cost of goods sold...
-
Greg's Graphics Company owns and operates a small chain of sportswear stores located near colleges and universities. Greg's Graphics has experienced significant growth in recent years. The following...
-
The financial statements for Matts Hats, Inc., appear shown below. Required: 1. Prepare common income statements to be used for horizontal analysis for Matts Hats for 2007 to 2009. 2. Indicate why...
-
The game of 'LastStone' starts with a random number of stones between 15 and 30. Two players (you and computer) alternate turns and on each turn may take either 1, 2, or 3 stones from the pile. The...
-
Scenario You need to create a software class that represents a warrior in a game program. The warrior with have a health score (0 to 100), a strength score (1 to 5) and an intelligence score (1 to...
-
Questions Project Structure 2 3 4 LO 5 10 6 Circle.java Cylinder.java X public class Circle { 1 related problem Test.java X private double radius; public Circle (double radius) { this.radius =...
Study smarter with the SolutionInn App