Ending Inventory Costs Sandy Chen owns a small specialty store, named Chen's Chattel, whose year-end is June 30. A physical inventory taken on June 30 reveals the following: Cost of merchandise on the showroom floor and in the warehouse $43,600 Goods held on consignment (consignor is National Manufacturer) 6,400 Goods that Chen’s Chattel, as the consignor, has for sale at the location of the Grand Avenue Vista 4,400 Sales invoices indicate that merchandise was shipped on June 29, terms FOB shipping point, delivered at buyer's receiving dock on July 3 3,800 Sales invoices indicate that merchandise was shipped on June 25, terms FOB destination, delivered at buyer's receiving dock on July 5 4,000 Determine the total amount that should be included in Chen’s Chattel’s year-end inventory.
Answers: 2
Another question on Business
Business, 21.06.2019 18:20
The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will
Answers: 3
Business, 22.06.2019 13:30
Over the past year, three of the star salesmen at family resorts international's corporate office have been lured away to competitors. on top of that, karina, the general manager of the sales department, has noticed that most employees come in, do their jobs, and leave. family resorts offers a good salary, benefits, and tuition reimbursement, as well as a number of development and training programs. most employees seem contented enough, but karina would like to do something to increase the level of engagement among her staff. what do you think karina should do?
Answers: 1
Business, 22.06.2019 16:50
Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ÂĄ129.87/$ and the 6-month forward rate is ÂĄ128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?
Answers: 2
You know the right answer?
Ending Inventory Costs Sandy Chen owns a small specialty store, named Chen's Chattel, whose year-end...
Questions
Biology, 17.10.2019 07:20
Computers and Technology, 17.10.2019 07:20
Mathematics, 17.10.2019 07:20
Social Studies, 17.10.2019 07:20
Biology, 17.10.2019 07:20
History, 17.10.2019 07:20
Mathematics, 17.10.2019 07:20
Computers and Technology, 17.10.2019 07:20
Mathematics, 17.10.2019 07:20
