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?
-
Draw supply and demand graphs that estimate what will happen to demand, supply, and the equilibrium price of coffee if these events occur: a. Widely reported medical studies suggest that coffee...
-
In the income statement, Freight-In is (a) added to purchases. (c) added to sales. (b) subtracted from purchases. (d) subtracted from cost of goods sold.
-
Willow Brook National Bank operates a drive-up teller window that allows customers to complete bank transactions without getting out of their cars. On weekday mornings, arrivals to the drive-up...
-
Current Attempt in Progress Sheridan Company typically sells subscriptions on an annual basis and publishes 6 times a year. The magazine sells 75600 subscriptions in January at $9 each. What entry is...
-
Simtek projects year-end EBIT of $800M which is expected to grow at 5% annually, and capital expenditures will equal depreciation. Simtek has $4,590M of 6% perpetual debt trading at face value and no...
-
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...
-
In what ways is EPIC like the business ERP systems in this chapter, and in what ways is it not like them?
-
Customers arrive an average of 10 per hour and an average of 16 customers can be served in an hour. Assuming this is an M/M/1 model, what is the average number of customers in the system?
-
Differentiate between state function and path function. Prove that internal energy is a state function and work is a path function.
-
A particular parking garage is designed with 1,000 spaces in which to park 1,000 individual cars. Assume, however, that every Mercedes car needs two such spaces. What then is the design capacity of...
-
Customers arrive an average of 10 per hour and an average of 16 customers can be served in an hour. Assuming this is an M/M/1 model, what is the average amount of time spent waiting in the line?
-
A tank contains \(400 \mathrm{~kg}\) of a fluid. If the volume of the tank is \(2.5 \mathrm{~m}^{3}\), then what is the density of the fluid and what is the specific gravity?
-
Find the solution set and then use a calculator to obtain a decimal approximation to two decimal places for the solution: 7 x-3 = 5 2x+4 .
-
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?
-
Please help me with this, please complete in Excel Variable costing and absorption costing, the Z-Var Corporation. (R. Marple, adapted) It is the end of 2020. Z-Var Corporation began operations in ...
-
Apple Hilly Farms Ned Hilly was an investment banker and worked in San Francisco at a large bank. As retirement got closer his wife, Sally, and him decided to spend their retirement up in the Sierra...
-
. Odessa, |nc., reports the following information concerning operations for the most recent month: Master Budget actual (based (based on on actual of budgeted 556 455 units] units) Sales revenue...
Study smarter with the SolutionInn App