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These are just quiz review questions . I need help choosing right multiple choice I ------------------------- O ------------------------- The following information pertains to Julia 8:

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These are just quiz review questions . I need help choosing right multiple choice

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I ------------------------- O ------------------------- The following information pertains to Julia 8: Company: March 1 Beginning inventory = 2? units @ $5.70 March 3 Purchased 21 units @ 4-30 March 9 Sold 21 units @ 9.00 What Is the ending inventory balance for Julia 8: Company assuming that It uses F a me u nt .1 o 5125 0 $90 0 $168 "H.031?! _______________ . ________________________ The following information pertains to Julie St Company: March 1 Beginning inventory = 32 units @ $5.80 March 3 Purchased 12 units t? 3.90 March 9 Sold 21 units Q 8.50 What Is the cost of goods sold for Julia & Company assuming It uses LIFO? {Do no Consider the following inventory transactions for September. 17 units a mo Purchase on September 12 28 units Q $3.40 Purchased on September 23 11 units @ $4.00 For the month of September, the company sold 33 units. What is cost of goods sold under the weighted-average cost method? weighted-average unit cost to four decimals if necessary. Round your answer to the nearest dollar amount.) Good Inc, sold Inventory for $1,200 that was purchased for $70!]. Good records which ofthe following when It sells inventor-yI using a perpetual inventory system? 0 No entry is required fer cost of goods sold and inventory, 0 Debit Cost ofGoods Sold $700; credit Inventory $700. 0 Debit Cost of Goods Sold $1.200; credit Inventory $1,200. 0 Debit Inventory $700: credit Cost of Goods Sold 3700. Given the information below, what is the gross profit? Sales revenue $305,000 Accounts receivable 53,000 Ending inventory 119,000 Cost of goods sold 238,000 Sales returns 21,000 $49,000 $165,000 $67,000 $46,000 Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost |Mar. 1 Beginning inventory 1,000 $7.20 Mar. 10 Purchase 600 7.25 Mar. 16 Purchase 800 7.30 Mar. 23 Purchase 600 7.35 Marvin sold 2,300 units of inventory during the month. Ending inventory assuming LIFO would be: $5,040. $5,055. O $5,135. Inventory records for Marvin Company revealed the following: Inventory records for Marvin Company revealed the following Date Date Transaction Transaction of Units Mar. 1 Beginning Inventory Mar. 10 Purch 930 $ Mar. 1 Beginning inventory 7.71 Mar. 10 Purchase 540 7.62 Mar. 16 Purchase 8.31 Mar. 16 Purchase 720 8.03 Mar. 23 Purchase 540 Mar. 23 Purchase 600 8.43 Marvin sold 1,720 units of inventory during the month. Ending inventory assuming FIFO would be ( dollar amount): dollar amount): Marvin sold 1,780 units of inventory during the month. Cost of goods sold assuming FIFO would be $3.102 $15,958. O $1,186 $15,005. O $5,771 O $14,379 O $6,705 O $13,308.Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventory 1,000 $7.20 Mar. 10 Purchase 600 Mar. 16 7.25 Purchase 800 Mar. 23 7.30 Purchase 600 7.35 Marvin sold 2,300 units of inventory during the month. Cost of goods sold assuming LIFO would be: $16,800. O $16,760. O $16,540. O $16,660. Inventory records for Marvin Company revealed the following: Date Transaction Number Unit of Units Cost Mar. 1 Beginning inventory 1,020 Mar. 10 Purchase $7.15 510 7.28 Mar. 16 Purchase 860 Mar. 23 Purchase 7.47 520 7.64 Marvin sold 2,100 units of inventory during the month. Cost of goods sold assuming weighted-average cost would be answer to nearest dollar amount. Round weighted-average unit cost to four decimals if necessary): $15,509 $15,445. $15,015. $15,288. Inventory records for Marvin Company revealed the following: Date Transaction Number of Units Mar. 1 Unit Cost Beginning inventory 1,000 $7.20 Mar. 10 Purchase 600 Mar. 16 7.25 Purchase 80 Mar. 23 Purchase 7.30 600 7.35 nearest whole dollar): Marvin sold 2,300 units of inventory during the month. Ending inventory assuming weighted-average cost would be $5,087. $5,107 $5,077. $5,005.Beasley, Inc. reports the following amounts in its December 31, 2018, income statement. Sales revenue $400,000 Income tax expense $ 36,000 Interest expense 15,000 Cost of goods sold 126,000 Salaries expense 40,000 Advertising expense 22.000 Utilities expense 45.000 Prepare a multiple-step income statement. Total operating expenses Income before income taxes

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