Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finns house. At the end
Question:
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn’s house. At the end of the current period, Emma looks over her inventory and finds that she has the following.
- 1,300 units (products) in her basement, 20 of which were damaged by water and cannot be sold.
- 350 units in her van, ready to deliver per a customer order, terms FOB destination.
- 80 units out on consignment to a friend who owns a retail store.
How many total units should Emma include in her company’s periodend inventory?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
The determination of inventory is important as it directly impacts the cost of goods sold and theref...View the full answer
Answered By
Umer Farooq
I understand how important is the concept of a topic. I believe that without the depth in a particular subject, one may pass in exams but will be unable to stand first. When you have a visual part of a topic in your mind, then the learning phase of your studies will not take much time. I apply these principles in my own life and also try my best to imply them to my students. Building blocks of my teaching philosophy are knowledge, critical thinking, and curiosity. I plan to instill all of these in you while challenging you to do your very best. My proudest experience is to help my students deliver their best in exams as well as in their practical life. When I introduce new tricks and study hacks to my students, they definitely attain distinctions. When you will give me a chance, I'll teach you the inquisitive methods to break down even the toughest questions. Your satisfaction will always be my priority.
0 Reviews
10+ Question Solved
Related Book For 
Question Posted:
