larry's castings

Project Description:

larry’s castings (“lc”) & big-bob’s axel palace (“bap”) have been absorbed by barry’s world o’ hubcaps, upon tacking charge of the businesses barry of barry’s world o’ hubcaps is trying to figure out how to integrate lc and bap into the who empire. barry has been able to find some data about the companies but upon review of the data barry has determined that some of the information that he needs to an analysis is missing. barry has retained you to do the analysis and figure out the missing components. data is provided below please answer questions a thru d and show all calculations:
lc bap
(in thousands)

accounts receivable, 12/31 6,000 2,100
cost of goods sold a 20,000
accounts payable, 1/1 3,000 1,700
accounts payable, 12/31 1,800 1,500
finished goods inventory,12/31 b 5,300
gross margin 11,300 c
work-in-process inventory, 1/1- 800
work-in-process inventory, 12/31- 3,000
finished goods inventory, 1/1 4,000 4,000
direct materials used 8,000 12,000
direct manufacturing labor3,000 5,000
manufacturing overhead costs7,000 d
purchases of direct materials9,000 7,000
revenues 32,000 31,800 accounts receivable, 1/1 2,000 1,400
Skills Required:
Project Stats:

Price Type: Negotiable

Total Proposals: 1
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