subject
Business, 17.04.2020 04:12 Shom2095

Grays Company has inventory of 28 units at a cost of $9 each on August 1. On August 3, it purchased 38 units at $10 each. 30 units are sold on August 6. Using the FIFO perpetual inventory method, what amount will be reported as cost of goods sold for the 30 units that were sold?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Which of the following best describes the purpose of raising and lowering the required reserve ratio? a. to make sure that government spending does not result in either a surplus or deficit. b. to stimulate economic growth by making it less expensive for producers to get loans. c. to manage the economy by increasing or decreasing the amount of loans being made. d. to regulate the activity of private banks to assure an equitable distribution of wealth. 2b2t
Answers: 3
question
Business, 22.06.2019 12:00
Identify at least 3 body language messages that project a positive attitude
Answers: 2
question
Business, 22.06.2019 17:40
Croy inc. has the following projected sales for the next five months: month sales in units april 3,850 may 3,875 june 4,260 july 4,135 august 3,590 croy’s finished goods inventory policy is to have 60 percent of the next month’s sales on hand at the end of each month. direct material costs $2.50 per pound, and each unit requires 2 pounds. raw materials inventory policy is to have 50 percent of the next month’s production needs on hand at the end of each month. raw materials on hand at march 31 totaled 3,741 pounds. 1. determine budgeted production for april, may, and june. 2. determine the budgeted cost of materials purchased for april, may, and june. (round your answers to 2 decimal places.)
Answers: 3
question
Business, 22.06.2019 20:20
This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.
Answers: 2
You know the right answer?
Grays Company has inventory of 28 units at a cost of $9 each on August 1. On August 3, it purchased...
Questions
question
Mathematics, 31.01.2021 07:30
question
World Languages, 31.01.2021 07:30
question
Mathematics, 31.01.2021 07:30
question
Mathematics, 31.01.2021 07:30