subject
Business, 07.11.2019 01:31 whitwelllife

Based on a physical inventory taken on december 31, 20x1, chewy co. determined its chocolate inventory on a fifo basis at $26,000 with a replacement cost of $20,000. chewy estimated that, after further processing costs of $12,000, the chocolate could be sold as finished candy bars for $40,000. chewy's normal profit margin is 10% of sales. what amount should chewy report as chocolate inventory on its december 31, 20x1, balance sheet? a. $28,000b. $26,000c. $24,000d. $20,000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 20:30
1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19
Answers: 1
question
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 3
question
Business, 24.06.2019 02:00
The amount of jen's monthly phone bill is normally distributed with a mean of $55 and a standard deviation of $12. what percentage of her phone bills are between $19 and $91?
Answers: 1
question
Business, 24.06.2019 02:30
Which forms of income are included in the income-based method of calculating gdp?
Answers: 1
You know the right answer?
Based on a physical inventory taken on december 31, 20x1, chewy co. determined its chocolate invento...
Questions
question
Mathematics, 02.12.2019 09:31
question
Business, 02.12.2019 09:31
question
Mathematics, 02.12.2019 09:31
question
Mathematics, 02.12.2019 09:31
question
Mathematics, 02.12.2019 09:31