21.If inventory statistics details are not entered, you will – Select one: a. allow tracking of...
21.If inventory statistics details are not entered,
you will –
Select one:
a. allow tracking of number of transactions
sold
b. not be able to track year-to-date inventory sales
and purchases
c. allow tracking of number of transactions
purchased
d. allow tracking of year-to-date inventory sales and
purchases
22.There are two units of an inventory item in stock.
The selling price is $400 and the value is $400. What is the
individual cost of the item –
Select one:
a. $100
b. $200
c. $300
d. $400
Homework Answers
21. The right option is "b. not be able to track year-to-date
inventory sales and purchases".
The right option is this because if the inventory details are not
entered, it will not be possible to track inventory sold and
purchased during the year.
22. The right option is "b. $200 ".
Individual cost of the item = Value of inventory / Units of
inventory = $400 / 2 units v= $200 per unit.
Add Answer to:
21.If inventory statistics details are not entered,
you will –
Select one:
a. allow tracking of...
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Additional tracking data for specific identification: (1) January 15 sale—200 units @ $14, (2) April 1...
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Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...
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The Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales...
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Additional tracking data for specific
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You are working on an assignment for your statistics class. You need to E Select one answer. estimate the proportion of students at your college who delay taking their first 10 points math class for at least one year. Which sampling plan will produce the most reliable results? A. Obtain a list of all students enrolled at the college. Randomly select 100 students from the list. B. O Work with the math instructors to create a list of students currently...
The Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March 2019. For specific identification: The March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; The March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. Date Activities Units Acquired at Cost Units Sold at Retail 100 units a $50.00 per unit 400...
The Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March 2019. For specific identification: • The March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase; • The March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase. Date Activities Units Acquired at Cost Units Sold at Retail Mar.1 100 units @ $50.00...
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