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ziro4ka [17]
3 years ago
9

Bedrock Company reported a December 31 ending inventory balance of $414,500. The following additional information is also availa

ble: The ending inventory balance of $414,500 included $73,700 of consigned inventory for which Bedrock was the consignor. The ending inventory balance of $414,500 included $25,400 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year. Based on this information, the correct balance for ending inventory on December 31 is:
Business
1 answer:
Rashid [163]3 years ago
5 0

Answer:

$389,100

Explanation:

Calculation to determine what the correct balance for ending inventory on December 31 is:

Using this formula

Ending inventory on December 31=Ending inventory balance-Office supplies

Let plug in the formula

Ending inventory on December 31=$414,500- $25,400

Ending inventory on December 31=$389,100

Therefore the correct balance for ending inventory on December 31 is:$389,100

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In terms of innovation streams, what ____ occurred when customers purchased flat-screen computer monitors to replace the older,
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4 0
3 years ago
s has decided that he wants to build enough retirement wealth that, if invested at 7 percent per year, will provide him with $3,
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Answer:

Annual deposit= $26,344.36

Explanation:

Giving the following information:

The interest rate is 7 percent per year.

He wants to have enough money to provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.

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7 0
3 years ago
Henrique​ Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.​ Day-old c
romanna [79]

Answer:

24.7215

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