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Vaughn Manufacturing developed the following information about its inventories in applying the lower of costor market (LCM basis invaluing inventories: Product A Cost $116000 82000
Vaughn Manufacturing developed the following information about its inventories in applying the lower of costor market (LCM basis invaluing inventories: Product A Cost $116000 82000 163000 Market $122000 78000 165000 B If Vaughn Manufacturing applies the LCM basis, the value of the inventory reported on the balance sheet would be $369000 5365000 $361000 5357000 Ayayai is a corporation that sells breakfast cereal. Based on the accounts listed below, what are Ayayal's total trade receivables? $500 240 1590 Income tax refund due Advance due to the company from the company president 3-month note due from Ayayai's main customer Interest due this month on the above note Due and unpaid from this month's sales Due and unpaid from last month's sales 140 9910 920 O $12420 O $10830 O $11750 513300
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