Homework Answers
a) UNIMART
Partial income statement
For the year ended December 31,2017
| Cost of goods sold | |
| Beginning merchandise inventory | 275000 |
| Cost of purchase | 500000 |
| Goods available for sale | 875000 |
| Less; Ending merchandise inventory | -115000 |
| Cost of goods sold | 660000 |
b) Precision Manufacturing
Partial income statement
For the year ended December 31,2017
| Cost of goods sold | |
| Beginning finished goods inventory | 450000 |
| Cost of manufactured | 900000 |
| Goods available for sale | 1350000 |
| Less; Ending finished goods inventory | -375000 |
| Cost of goods sold | 975000 |
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Exercise 14-11 Cost of goods sold computation LO P1 Precision Unimart Manufacturing $275,000 $450,000 Beginning inventory...
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Exercise 14-11 Cost of goods sold computation LO P1 Precision Manufacturing Unimart $156,000 $312,000 530,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 920,000 56,000 50,000 Compute cost of goods sold for each of these two companies for the year. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year in Merchandising Business. UNIMART Computation of Cost...
Exercise 14-11 Cost of goods sold computation LO P1 Unimart Precision Manufacturing $315,000 $630,000 Beginning inventory...
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Precision Manufacturing Unimart $253,000 $506,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods...
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Exercise 14-11 Cost of goods sold computation P1 Compute cost of goods sold for each of...
Exercise 14-11 Cost of goods sold computation P1 Compute cost of goods sold for each of these two companies for the year. Check Unimart COGS, $660,000 в Unimart Precision Manufacturing $275,000 OWN $450,000 500,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 900,000 115.000 375,000
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Unimart Precision Manufacturing $ 292,000 $584.000 points 520,000 Beginning inventory Merchandise Finished goods Cost of purchases...
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Exercise 01-11 Cost of goods sold computation LO P1 Beginning inventory Merchandise Finished goods Cost of...
Exercise 01-11 Cost of goods sold computation LO P1 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods Precision Unimart Manufacturing $194,000 $388,000 420,000 750,000 94,000 88,000 Compute cost of goods sold for each of these two companies for the year. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year in Merchandising Business. UNIMART Computation of Cost...
Exercise 14-11 Cost of goods sold computation LO P1 Precision Manufacturing Unimart $156,000 $312,000 530,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 920,000 56,000 50,000 Compute cost of goods sold for each of these two companies for the year. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year in Merchandising Business. UNIMART Computation of Cost...
Exercise 14-11 Cost of goods sold computation LO P1 Unimart Precision Manufacturing $315,000 $630,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 460,000 840,000 215,000 209,000 Compute cost of goods sold for each of these two companies for the year ended December 31, 2015. Merchandising Business: UNIMART Partial Income Statement For Year Ended December 31, 2015 Cost of goods sold: Goods available for sale Cost of goods sold Manufacturing Business: PRECISION...
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recision nufacturin Beginning inventory Merchandise Finished goods $275,000 $450,000 Cost of purchases Cost of goods manufactured Ending inventory 500,000 900,000 Merchandise Finished goods 115,000 375,000 Compute cost of goods sold for each of these two companies for the year ended December 31,.2017 Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Manufacturing Business PRECISION MANUFACTURING Next:> Prev4 of 6
Precision Manufacturing Unimart $253,000 $506,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 470,000 760,000 153,000 147,000 Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Merchandising Business. UNIMART Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold: Goods available for sale Cost of goods sold Merch Business Mfg Business Mfg Business Compute cost of goods sold for...
Exercise 14-11 Cost of goods sold computation P1 Compute cost of goods sold for each of these two companies for the year. Check Unimart COGS, $660,000 в Unimart Precision Manufacturing $275,000 OWN $450,000 500,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 900,000 115.000 375,000
Homework Saved Precision Manufacturing Unimart $208,000 $416,000 420,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 810,000 108,000 102,000 Compute cost of goods sold for each of these two companies for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Merchandising Business. UNIMART Partial Income...
Unimart Precision Manufacturing $ 292,000 $584.000 points 520,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 810,000 192,000 186,000 eBook Compute cost of goods sold for each of these two companies for the year ended December 31, 2017. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business References Compute cost of goods sold for the company year ended December 31, 2017 in Merchandising Business. UNIMART...
Unimart Precision Manufacturing $332,000 $ 664,000 510,000 Beginning inventory Merchandise Finished goods Cost of purchases Cost of goods manufactured Ending inventory Merchandise Finished goods 860,000 232,000 226,000 Compute cost of goods sold for each of these two companies for the year ended December 31, 2017 Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Compute cost of goods sold for the company year ended December 31, 2017 in Merchandising Business. UNIMART Partial Income Statement...
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