Refer to Exhibit 5A.3 and determine each of the missing numbers in the following situations: Purchases $92,000
Question:
Transcribed Image Text:
Purchases $92,000 $158,000 120,000 2,600 4,400 16,000 34,000 4,000 3,000 6,000 14,000 Transportation-in... Beginning inventory Cost of goods purchased Ending inventory. Cost of goods sold 5,000 89,400 156,000 30,000 4,400 166,400 36,520
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
a Transportationin is calculated as the amount needed to make cost of goods purchased equal the ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
Question Posted:
Students also viewed these Accounting questions
-
Determine each of the following missingamounts: Beginnin g raw materials inventory Purchases of raw materials during the year Raw materials available for use . . . . g raw materials inventory Cost of...
-
Determine each of the following missing amounts: Firm C S 42,000 226,000 51,000 318,000 72,000 Firnm A Firm B Purchases of raw materials during the year Raw materials available for usc Endng rax...
-
Complete the missing numbers in the following table. Com pany Company Company Company Company $800 425 175 Assets Liabilities Common Stock Retained Earnings Liabilities+ Equity Opening Retained...
-
what would you like to recommend to Australian government in regards to their fiscal stimulus policy for supporting covid affected society?
-
What is Watson? What is special about it?
-
A semiconductor has a band gap EG = 0.2 eV. The Fermi level is EF = Ev+0.15 eV. mn* 0.01mo, mp* = mo, T= 300K. Use k = 8.62x10-5 eV/K. Is this semiconductor n-type or p-type? Give your reason.
-
A study on aggressive driving found that 47% of drivers say they have yelled at another driver. You randomly select 200 drivers in the United States and ask them whether they have yelled at another...
-
1. Applying the standard test outlined previously, does the employer (CSPMI) meet the definition of "an employer" as stated in Section 2 (2), LMRA and therefore, the board may assert jurisdiction and...
-
Mumford Limited had the following financial statement account balances for 2022. Net Sales $356,420 Cost of Goods Sold 152,000 Average Accounts Receivable 19,710 Average Inventory 4,845 average...
-
Andy and Marcia Tufts, both age 35, are married with two children and file a joint return. Assume the children do not qualify for the child tax credit (Ch. 9), and the mortgage is not over $750,000....
-
Referring to Exhibit 5.15, calculate the missing amounts (round to two decimal places). Analysis Component: Company A and Company B are in similar industries. Comment on their comparative...
-
Referring to Exhibit 5A.3, fill in the following blanks. Identify any losses by putting the amount in brackets. Analysis Component: Company A and Company B is in similar industries. Comment on their...
-
Nickel Company makes a single product with a price of $70 per unit and variable cost of $46 per unit. Production at Nickel Company is constrained by machine hours. Each product requires 2 machine...
-
Most websites have images. There are many different features and functionalities that can be used to work with images via the use of JavaScript. These include preloading, rollovers, and cycling...
-
Solve for the Fy and Fy and Fy #'s 1,2,3,4,5) Draw the fx and Fy components. y F4ON 4. 1. 2. 3. 36 P=ISON A SO AF = 100N Ty -X X X X 5. F= 400N 40 F-2001 X
-
1. 1.1. 1.2. 1.3. The U.S. small motor boat industry is clustered in California. The boats are sold in the competitive world market, at a world price of $5,000 per boat. The annual supply curve for...
-
where x=your a) Consider a scenario in which you are given an IP address in the following format: 'x.0.0.0', roll no. + 110. (E.g., if your roll no. is 35, then x=35+110=145, and the IP address will...
-
Discuss in detail and be sure to discuss the important points. What is a bond? Describe the various types of risks for bonds. How do you value a Bond? Provide a numerical example of how to value a...
-
Solve the given problems. Where indicated, the expression is found in the stated technical area. Expand and simplify: 10a(T t) + a(T t) 2 (instrumentation)
-
The manager for retail customers, Katie White, wants to hear your opinion regarding one business offer she has received from an entrepreneur who is starting a mobile phone app called Easy Money. The...
-
If costs are declining, will the LIFO or FIFO method of inventory valuation yield the lower cost of goods sold? Why?
-
If costs are declining, will the LIFO or FIFO method of inventory valuation yield the lower cost of goods sold? Why?
-
What does the full-disclosure principle prescribe if a company changes from one acceptable accounting method to another?
-
What is the balance in Work in Process Inventory at the end of each month? Work in Process Inventory April 30 $ May 31 A 10,140 15,950 June 30 $ 10,450
-
Sako Company s Audio Division produces a speaker used by manufacturers of various audio products. Sales and cost data on the speaker follow: Selling price per unit on the intermediate market $ 6 0...
-
Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30 Sales Variable expenses Contribution margin Fixed expenses...
Study smarter with the SolutionInn App