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3 years ago

Unimart Precision Manufacturing

Business

1 answer:

Anarel [89]3 years ago

7 0

Answer:

Results are below.

Explanation:

Giving the following information:

Company 1:

Beginning inventory Merchandise $253,000

Cost of purchases 600,000

Ending inventory Merchandise 153,000

Company 2:

Beginning Finished goods $506,000

Cost of goods manufactured 930,000

Ending Finished goods 147,000

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured/purchased - ending finished inventory

Company 1:

COGS= 253,000 + 600,000 - 153,000

COGS= $700,000

Company 2:

COGS= 506,000 + 930,000 - 147,000

COGS= $1,289,000

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Answer:

Dr Allowances for sales returns $600

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Dr Allowances for sales returns $600

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3 years ago

Pet care salons, skin clinics, and day care centers are all examples of businesses operating in the?

Elodia [21]

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Hence, service industry play an important role in society.

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2 years ago

The common stock of Auto Deliveries sells for $27.21 a share. The stock is expected to pay $1.80 per share next month when the a

DanielleElmas [232]

Answer:

Market rate of return on stock = 11.2152%

Explanation:

Details provided are

Market rate per share = $27.21

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Expected return of market has to be calculated.

Using the dividend growth model we have,

$Price\ of\ share\ = \frac{Dividend\ at\ year\ end}{Market\ return\ - Growth\ rate}$

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Market return = 6.6152 + 4.6 = 11.2152%

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worty [1.4K]

Answer:

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2 years ago

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baherus [9]

~Hello there! ^_^

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3 years ago

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