Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 432 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 11.00

Cost of goods sold

Inventories, Cost of goods sold, and net Income

e7A. The data that follow are for a retail organization and a manufacturing organization.

1.    Fill in the missing data for the retail organization:

 

First Quarter

 

second Quarter

 

Third Quarter

 

Fourth Quarter

 

Sales                                                              $10                   $(e)                   $15                   $(k)

Gross margin                                                 (a)                       4                        5                                                                                        (l) Ending merchandise inventory                                                                        5                       (f )                        5                                                                        (m) Beginning merchandise inventory                                                                        4                       (g)                     (h)                                                                                                                   5

Net cost of purchases                                   (b)                       7                      11                    (n)

Operating income                                            3                      2                     (i)                         2

Operating expenses                                      (c)                       2                        1                       4

Cost of goods sold                                          5                      8                     (j)                       12

Cost of goods available for sale                  (d)                     12                      15                     15

2.    Fill in the missing data for the manufacturing organization:

 

First Quarter

 

second Quarter

 

Third Quarter

 

Fourth Quarter

 

Ending finished goods inventory                $(a)                   $3                   $(h)                                                                         $  6 Cost of goods sold        6                                                                         3                       5                                                                                              (l)

Operating income                                            2                       3                    2                                                                           (m) Cost of goods available for sale                                                                           8                     (d)                    10                                                                                           13

Cost of goods manufactured                          5                     (e)                     (i)                        8

Gross margin                                                    4                     (f )                    (j)                        7

Operating expenses                                         2                     (g)                      4                       5

Beginning finished goods inventory           (b)                    2                      3                                                                          (n) Sales          (c)                     10                                                                          (k)                                             14

 

 

LO 5

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 12:08 AM My Price 11.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)
Relevent Questions