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Blizzard [7]
3 years ago
12

Ziad Company had a beginning inventory on January 1 of 270 units of Product 4-18-15 at a cost of $19 per unit. During the year,

the following purchases were made.
Mar. 15 720 units at $22
Sept. 4 630 units at $25
July 20 450 units at $23
Dec. 2 180 units at $28
1,800 units were sold.

Ziad Company uses a periodic inventory system.

Determine the cost of goods available for sale.
Business
1 answer:
Lemur [1.5K]3 years ago
6 0

Answer:

Cost of goods available for sale= $52,110

Explanation:

Giving the following information:

January 1: 270 units at $19 per unit

Mar. 15: 720 units at $22

Sept. 4: 630 units at $25

July 20: 450 units at $23

Dec. 2: 180 units at $28

The cost of goods available for sales is a previous step to calculating the cost of goods sold. It is the total cost of the units prepared to be sold.

Cost of goods available for sale= 270*19 + 720*22 + 630*25 + 450*23 + 180*28= $52,110

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Answer:

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All of this implies that a structured, incentive system has to be created in order to curb pollution.

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3 years ago
Bummerland finds itself in a recession caused, as assumed in class, a sticky nominal (money) wage (W) which is too high to clear
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Answer:

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3 years ago
January 1, 2021, Woody Forrest Corporation granted executive stock options to purchase 30,000 of its common shares at $7 each. T
Anton [14]

Answer:

169,000

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First step is to calculate the amount assumed to be exercised

Exercised amount= 30,000*$7 / $15avg

Exercised amount= 14,000

Second step is to calculate the Net

Net=30,000-14,000

Net= 16,000

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Let plug in the formula

Number of shares=153,000 +16,000

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Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 169,000

8 0
3 years ago
Concord Corporation uses the percentage-of-receivables basis to record bad debt expense and concludes that 4% of accounts receiv
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Explanation:

The journal entries are shown below:

a. Bad debt expense A/c Dr  $13,931

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(Being bad debt expense is recorded)

It is computed below:

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It is computed below:

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What is Gravitational law and how yo solve it​
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