estimated ending inventory destroyed in explosion | 170,000 |
working:
beginning inventory | 250,000 |
purchases | 620,000 |
less: cost of goods sold (1 million- 30% gross profit) | (700,000) |
estimated ending inventory destroyed | 170,000 |
Oil Tankers Inc.'s April 30 inventory was destroyed by the explosion of an underground oil tank....
Windsor Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $154,200, and purchases for January through April totaled $525,400. Sales revenue for the same period was $687,900. Windsor's normal gross profit percentage is 30% on sales. Using the gross profit method, estimate Windsor's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $
Splish Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $155,200, and purchases for January through April totaled $475,500. Sales revenue for the same period was $655,200. Splish's normal gross profit percentage is 35% on sales. Using the gross profit method, estimate Splish's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire Click if you would like to Show Work for this question: Open Show Work
Vaughn Corporation’s April 30 inventory was destroyed by fire. January 1 inventory was $138,300, and purchases for January through April totaled $492,100. Sales revenue for the same period was $698,900. Vaughn’s normal gross profit percentage is 35% on sales. Using the gross profit method, estimate Vaughn’s April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire
Blue Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $155,000, and purchases for January through April totaled $467,300. Sales revenue for the same period was $684,500. Blue's normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Blue's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $
Coronado Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $157,000, and purchases for January through April totaled $502,900. Sales revenue for the same period was $649,300. Coronado's normal gross profit percentage is 35% on sales. Using the gross profit method, estimate Coronado's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $
Blossom Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $145,300, and purchases for January through April totaled $452,200. Sales revenue for the same period was $694,400. Blossom's normal gross profit percentage is 30% on sales. Using the gross profit method, estimate Blossom's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $
Current Altempt in Progress" Windsor Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $154,200, and purchases for January through April totaled $525,400. Sales revenue for the same period was $687,900. Windsor's normal gross profit percentage is 30% on sales. Using the gross profit method, estimate Windsor's April 30 inventory that was destroyed by fire. $ Estimated ending inventory destroyed in fire
--/1 Question 6 View Policies Current Attempt in Progress Tamarisk Corporation's April 30 inventory was destroyed by fire. January 1 inventory was $137,600, and purchases for January through April totaled $506,800. Sales revenue for the same period was $750,500. Tamarisk's normal gross profit percentage is 25% on sales. Using the gross profit method, estimate Tamarisk's April 30 inventory that was destroyed by fire. Estimated ending inventory destroyed in fire $
On October 31, a fire destroyed Cullumber Inc.'s entireretail inventory. The inventory on hand as of January 1 totaled $2780000. From January 1 through the time of the fire, the company made purchases of $696000 and had sales of $1488000. Assuming the rate of gross profit to selling price is 30% what is the approximate value of the inventory that was destroyed $2434400 $3029600 O 51738400 52780000
Problem 5.049 A long cylinder of 30-mm diameter, initially at a uniform temperature of 1000 K, is suddenly quenched in a large, constant-temperature oil bath at 350 K. The cylinder properties are -1.7 W/m-K, 1600 J/kg-K, and 400 kg/m2, while the convection coefficient is 53 W/m2-K. Step 1 When deciding if the lumped capacitance method can be used, what is the value of the Biot number? the tolerance is +/-296 By accessing this Question Assistance, you will learn whille you...