FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Lin Company vendi mercancas con una ganancia bruta del 30%. El 30 de junio, todo el inventario fue destruido por un incendio. La entidad proporcion

Lin Company vendi mercancas con una ganancia bruta del 30%. El 30 de junio, todo el inventario fue destruido por un incendio. La entidad proporcion la siguiente informacin por los seis meses terminados el 30 de junio:

Las ventas netas

$8,000,000

Inventario inicial

2,000,000

compras netas

5,200,000

Cul es el costo estimado del inventario destruido?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Managerial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

10th Edition

B010IKDQZM

More Books

Students also viewed these Accounting questions

Question

★★★★★
One of the most potentially beneficial applications of an automotive control system is the active control of the suspension system. One feedback control system uses a shock absorber consisting of a...

Answered: 1 week ago

Question

★★★★★
When women with an unwanted pregnancy have an abortion, they typically do not experience serious psychological consequences. True or False

Answered: 1 week ago

Question

★★★★★
Journ Co. purchased short- term investments in available- for- sale securities at a cost of $ 50,000 on November 25, 2013. At December 31, 2013, these securities had a fair value of $ 47,000. This is...

Answered: 1 week ago

Question

★★★★★
Intro The return on Samsung stock has a standard deviation of 31% and the return on Toyota stock has a standard deviation of 15%. Their covariance is 0.0186 . Part 1 Attempt 1/3 for 10 pts. If you...

Answered: 1 week ago

Question

★★★★★
you can use number in this table Data Standard Cost Card Direct materials Direct labor Standard Quantity 30 kilos 2.50 hours Standard Price 4.00 per kilo 14.00 per hour o'aommummpmmAOKngmmismm?...

Answered: 1 week ago

Question

★★★★★
A hedger is short spot and long futures. Today, spot is 4.40 and the June future is 5.00. A bit later, spot goes to 5.00 and the June future goes to 5.10. What has happened to basis in this period?...

Answered: 1 week ago

Question

★★★★★
The EICAS CRTs (cathode ray tubes) are: Group of answer choices Identical Directly powered from the battery bus Cooled by AC-powered fans All the above Only b and c

Answered: 1 week ago

Question

★★★★★
A recruiter asks candidates for a customer service rep position, "Why are you interested in this role?" Which response ( s ) would hurt a candidate's chances of advancing to the next round? Select...

Answered: 1 week ago

Question

★★★★★
You are starting to draw up your plans for the program. You realize that employees are going to have a lot of questions about the change. You cannot get all of the questions handled in all - hands...

Answered: 1 week ago

Question

★★★★★
I need these charts filled in using the information given Instructions Analysis Ledger Trial Balance Greenwald and Mass developed a business and plan to begin by offering clinics for basic outdoor...

Answered: 1 week ago

Question

★★★★★
Discuss how selfesteem is developed.

Answered: 1 week ago

Question

★★★★★
1. Within the walls of a sterile prison Vickie Stringer began changing her life. Describe what mental processes were available to her in this environment.

Answered: 1 week ago

Question

★★★★★
Understand the conditions organizations can create that will help workers increase their self-esteem.

Answered: 1 week ago

Previous Question Next Question