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April 1 inventory balance 120 units 8.04 each April 10 purchase 200 units 8.20 each April 20 purchase 410 units 8.40 each April 22 sale 630 units 15.00 each April 25 purchase 310 units 8.59?
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∙ 13y ago
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Wiki User
∙ 13y ago
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What metric units does a balance use?
A true balance measures mass, so grams or kilograms.
A pan balance shows 18 plus 4 equals 22. If 6 units are removed from one side what needs to be done to keep the pan balanced?
Then 6 units have to be removed from the other side to keep the pan in balance.
Where could one purchase PC base units?
One can purchase PC base units in many different places. Some places where one can buy them are PC World, Tesco, eBay, Amazon, Palicomp and PC Specialist.
How many units is the proportion of letter l?
Proportion is defined as having a harmonious arrangement or having balance. When writing the letter I in capital letters there is only one line, so there would be no units of proportion.
How do you find the density of a perfect cube with a balance and a ruler?
To find the density you need the mass and volume and then, density = mass/volume. Given a ruler, you can easily measure an edge of the cube. If that is x units, then the volume is x3 cubic units. However, it is not clear how you find a mass with just a balance. You need some standard weights, but these do not appear to be provided. You are stuck and cannot answer the question.
Merchandise inventory has a normal debit balance?
Mechandise inventory is a current asset which is used in manufacturing of units of products or resale purpose that's why it is asset of business and has debit balance as normal balance.
What is a purchase order in accounts payable?
Purchase order is a formal request to vendor for purchase of units of items or inventory.
When preparing a merchandise purchase budget the required purchase in units equals?
budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Digitex Inc had sales of 6000 units in March A 50 percent increase is expected in April The company will maintain 5 percent of expected unit sales for April in ending inventory Beinning inventory fo?
Digitex, Inc. Projected sales 9000(6000x1.5) +desired ending inventory 450(5%of 9000) -Beginning inventory..... 200units Units to be produced.... 9,250 units
Lorie Nursery plans to sell 160 potted plants during April and 120 units in May Lorie Nursery keeps 15 of the next months sales as ending inventory How many units should Lorie Nursery produce duri?
Lorie Nursery should produce 205 units in April and 135 units in May to meet the sales demand. This calculation accounts for the sales target, ending inventory, and the required production levels.
Is ending inventory asset or liability?
asset Inventory is a current asset so when the required inventory is utilized the remaining inventory still remain as asset and not become liability. For example inventory of $100 purchase to use for production which is our current asset. when inventory of $90 utilized the remaining $10 is still our current asset while $90 become expense for production of units.
Managing inventory is?
Managing inventory is the process by which you efficiently oversee the constant flow of the units into and out of an existing inventory.
What is the cost of goods sold under a periodic system if beginning inventory is 500 cost of goods purchases is 200 and ending inventory is 100?
Cost of goods sold = Beginning inventory + purchases - closing balance Cost of goods sold = 500 + 200 -100 Cost of goods sold = 600 units
What was the value of the inventory on November 8 after the sale?
A company had inventory on November 1 of 5 units at a cost of $17 each. On November 2, they purchased 12 units at $19 each. On November 6 they purchased 8 units at $22 each. On November 8, 12 units were sold for $52 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?
What is the inventory method that considers the inventory to be composed of the units of merchandise acquired earliest?
LIFO - last in first out.
What does open to buy mean?
Open to buy is a method of planning and controlling retail inventory. Calculate your opening inventory balance (in units or dollars), add the in-coming (already ordered) inventory and subtract your projected sales for the period...then compare that number to your desired ending inventory amount...the difference is how much you are open to buy (inventory that should be ordered). So if you start with 100,000 and have 10,000 on order and expect sales to be 40,000 and you want your ending inventory to be 90,000...You are open to buy 20,000 90- (100 + 10 - 40) = 20
In order to estimate production requirements you do what?
add projected sales in units to desired ending inventory and subtract beginning inventory
