Units of product on hand | 1100 |
ADD | |
Units in delivery van | 140 |
Units on consignment | 120 |
LESS | |
Units damaged | 12 |
Total units in period end inventory | 1348 |
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the...
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the end of the current period, Emma reports she has: • 600 units (products) in her basement, 17 of which were damaged by water and cannot be sold. • 190 units in her van, ready to deliver per a customer order, terms FOB destination. • 190 units out on consignment to a friend who owns a retail store. How many units should Emma include in...
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn’s house. At the end of the current period, Emma reports she has: 700 units (products) in her basement, 29 of which were damaged by water and cannot be sold. 100 units in her van, ready to deliver per a customer order, terms FOB destination. 100 units out on consignment to a friend who owns a retail store. How many units should Emma include in her company’s period-end...
5 QS 5-1 Inventory ownership LO C1 Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the end of the current period, Emma looks over her inventory and finds that she has ints • 1,400 units (products) in her basement, 28 of which were damaged by water and cannot be sold. 140 units in her van, ready to deliver per a customer order, terms FOB destination. • 100 units out on consignment to a...
Homestead Crafts, a distributor of handmade gifts, operates out of owner Emma Finn's house. At the end of the current period, Emma looks over her inventory and finds that she has • 1400 units products) in her basement, 28 of which were damaged by water and cannot be sold • 140 units in her van, ready to deliver per a customer order, terms FOB destination • 100 units out on consignment to a friend who owns a reta store. How...
Ch 05 Homework v Part 4 of 4 Required information Use the following Information for the Quick Study below. Trey Monson starts a merchandising business on December 1 and enters into the following three Inventory purchases Also, on December 15, Monson sells 18 units for $10 each. 2.5 points Purchases on December 7 Purchases on December 14 Purchases on December 21 8 units $4.ee cost 26 units @ $6.ee cost 18 units .ee cost QS 5.13 Perpetual: Inventory costing with...
In the summer of 2017, Reigh Webster and her friend Ella Hill were relaxing in a local watering hole complaining about their boring monotonous jobs. Reigh told Ella that she has been saving her money and is looking for a lucrative opportunity to invest in and get out of the day-to-day grind at the office. Ella indicated she had been doing the same. An executive walked up to the table and indicated he had overheard Reigh and Ella’s conversation and...