nivig nisbienos pi ul bne Ansl sllinmUbre Anstory and cost ofg periodic FIFO,age-cost.E6-4 Mather sells a snowboard, EZslide, that is popular with snowboard enthusiasts.Below is information relating to Mather's purchases of EZslide snowboards during Sep-tember. During the same month, 102 EZslide snowboards were sold. Mather uses a periodicinventory system. 80gqfno AoolsH of 000 222ofT SI00 eboog blos IrioTborpoqxo ton s ahoog odT 85 19dmosmal limu doblisH doeDatediExplanationSept. 1Units Unit Cost Total CostbopeInventoryPurchaseslite Purchases12$ 1,200to Iauo4,635o noi104b 80 5,200 boggidaaboo 2,100$10045 bv 1035020 000 105L indi Sept. 12bro s Sept. 19gidePurchasesSept. 26Totals127$13,135InstructionsCompute the ending inventory at September 30 and the cost of goods sold using the FIFO,LIFO, and average-cost methods. (For average-cost, round the average unit cost to threedecimal places.) Prove the amount allocated to cost of goods sold under each method.E6-5 Rusthe Inc. uses a periodic inventory system, Its records show the following for theÇalculate inver

Compute ending inventory at September 30 and the cost of goods sold under FIFO method.

Answered: nivig nisbienos pi ul bne Ansl sllinmU…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A home decorating store carries handmade floor tile with a markup of 31% on the selling price. If the tile has a markup of $1.58 per tile, find the selling price, the cost, and the cost as a percent of the selling price.
6. Noboru Yonmine sees a surfboard that regularly sells for $179 on sale at 30% oft. How much can Noboru save by purchasing the surfboard during the sale? 7. Eddie's Paint Store has marked down all paint and accessories 40%. Judy Meyers which regularly sell for $14.50 a gallon and two intal discount on Judy's purchases three gallosfpaint brushe purchases nolo on ollit oms Billy Johnson
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So What sells a variety of merchandise, including school sandals for girls. The business began the last quarter of 2013 with 30 pairs of the “Solar” brand at a total cost of $54,000. The following transactions, relating to the “Solar” brand were completed during the quarter: October 3 Purchased 45 pairs of sandals at a cost of $1,900 each. October 15 Sold 55 pairs to Casually Elegant Ltd at a unit price of $2,780 October 26 Purchased 70 pairs at a cost of $2,400 each but these were subject to a trade discount of 5%. November 10 Sold 60 pairs to Best City Store which yielded total sales revenue of $192,000. November 14 Owing to an increased demand for this brand, the manager of So What purchased 80 additional pairs of the “Solar” brand at a unit cost of $2,500, but additionally there was freight charge of $100 on each pair. November 24 Sold 60 pairs of sand to Big Buy Company at a price of $3,600 each. November 30 A physical…
The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow. Dire Bikes Bikes $ 921, 000 s265,0 s 404,000 S 252,000 Hountain Racing Bikes Total sales variable manufacturing and selling expenses 447,000 150,e0 16,0 contribution nargin Fixed expenses: Advertising, traceable Depreciation of special equipnent salaries of product-1ine managers Allocated comnon fixed expenses Total fixed exxpenses 101,000 8,900 44,00e 20,see 114,300 40,100 184, 200 53,800 412,Gee 1 00 40,400 7,500 38,100 se, see 166,s00 122,600 24,400 $ 26,100 S 29,200 $(21,600) 20,00 16,00e 35,400 50,400 70,100 Net operating 1ncone (loss) "Allocated on the basis of sales dollars. Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not…
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Diapers.com is an online specialty retailer for baby products (including diapers) that specialized in delivering consumables, such as diapers, wipes, and formula. Diapers.com was selling a pack of Pampers for $18 on its website, while same pack was acquired from P&G for $9. The % margin (percent of Diapers' selling price) is equal to A. $9 B. 100% C. 50% D. $18
Please help me with show calculation thanku
So What sells a variety of merchandise, including school sandals for girls. The business began the last quarter of 2013 with 30 pairs of the “Solar” brand at a total cost of $54,000. The following transactions, relating to the “Solar” brand were completed during the quarter: October 3 Purchased 45 pairs of sandals at a cost of $1,900 each. October 15 Sold 55 pairs to Casually Elegant Ltd at a unit price of $2,780 October 26 Purchased 70 pairs at a cost of $2,400 each but these were subject to a trade discount of 5%. November 10 Sold 60 pairs to Best City Store which yielded total sales revenue of $192,000. November 14 Owing to an increased demand for this brand, the manager of So What purchased 80 additional pairs of the “Solar” brand at a unit cost of $2,500, but additionally there was freight charge of $100 on each pair. November 24 Sold 60 pairs of sand to Big Buy Company at a price of $3,600 each. November 30 A physical…
Richardson Ski Racing (RSR) sells equipment needed for downhill ski racing. One of RSR's products is fencing used on downhill courses. The fence product comes in 150-foot rolls and sells for $210 per roll. However, RSR offers quantity discounts. The following table shows the price per roll depending on order size: Quantity Ordered From To Price per Roll 1 75 $210 76 125 $185 126 225 $170 226 and up $145 The file RSR contains 172 orders that have arrived for the coming six weeks. (e) Use the VLOOKUP function with the preceding pricing table to determine the total revenue (in dollars) from these orders. $ (b) Use the COUNTIF function to determine the number of orders in each price bin. Quantity Ordered From To Price per Roll Number of Orders 3 75 $210 76 125 $185 126 225 $170 226 and up $145
Explanation please in details
5. Ted Axelrod sells appliances for McKenny Appliance Store. He is paid an 8% commission on the first $1000 of sales, 10% on the next $1500, and 15% on all sales over $2500. What is his commission on $3460 in sales? NanELCeMontas demonstrates microwave overs at the National Home Show. She stration over What IS V S Cominissiel ior a cay in wiich she makes 10

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