subject
Business, 10.08.2021 01:00 schoolemailonlyno1

Corner market purchased inventory for 6000 and also paid 330 freight bill. corner market return 20% of the goods to the seller and later took %3 purchase discount. Assume Corner Market uses a perpetual inventory system. What is Corner Market's final cost of the inventory that it kept? A. $1,591.
B. $2,549.
C. $2,666.
D. $2,386.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 04:10
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
question
Business, 22.06.2019 06:00
List three careers that require knowledge of science. list three careers that require the use of of math. list three careers that require the use of foreign language. list three careers that require the use of good writing skills. list three careers that require the use of good computer skills.
Answers: 3
question
Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
question
Business, 23.06.2019 04:00
If a transformational leader is supposed to be so smart and visionary, why would he or she emphasize empowerment in his or her leadership approach?
Answers: 3
You know the right answer?
Corner market purchased inventory for 6000 and also paid 330 freight bill. corner market return 20%...
Questions
question
Mathematics, 17.11.2020 05:00
question
Chemistry, 17.11.2020 05:00
question
Spanish, 17.11.2020 05:00
question
English, 17.11.2020 05:00
Questions on the website: 13722359