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: 408 Weeks Ago, 1 Day 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 > Management Posted 08 Nov 2017 My Price 5.00

Revolution Hardware

Revolution Hardware reported $300,000 of inventory on December 31, 2010, based on a physical count. Additional information is as follows: •Included in the 2010 physical count were machines billed to a customer FOB shipping point on December 31. These machines had a cost of $12,000 and had been billed at $30,000. The shipment was on Revolution's loading dock waiting to be picked up by the common carrier at the close of the business day. •Goods were in transit from a vendor to Revolution. The invoice cost was $35,000 and the goods were shipped FOB Shipping point on December 29, 2010. •Work-in-process inventory (not included in the physical count) costing $5,000 was sent to an outside processor for finishing on December 30, 2010. •Goods out on consignment amounted to $19,550 (sales price.) Markup is 15% on cost. QUESTION: Determine the correct amount of December 31, 2010, ending inventory for Revolution Hardware

Answers

Maurice Tutor
(5)
Status NEW Posted 08 Nov 2017 10:11 PM My Price 5.00

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