Questions
what are the project priorities of a university construction project?? very URGENT please answer asap

what are the project priorities of a university construction project??
very URGENT please answer asap

In: Operations Management

The MICRO ENVIRONMENT Who are the customers of a University? (Hint: think about the concepts of...

The MICRO ENVIRONMENT

Who are the customers of a University? (Hint: think about the concepts of "value" and "exchange").

In: Operations Management

Apply DMAIC model to improve the the following at any university: a. Admission b. Course registration

Apply DMAIC model to improve the the following at any university:

a. Admission
b. Course registration

In: Operations Management

Do you think ERP solutions are suitable for SIS University, and if so, how, or if...

Do you think ERP solutions are suitable for SIS University, and if so, how, or if not, why?

In: Computer Science

Problem 6-4AA Periodic: Alternative cost flows LO P3 Montoure Company uses a periodic inventory system. It...

Problem 6-4AA Periodic: Alternative cost flows LO P3

Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales transactions.
  

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 790 units @ $85.00 per unit
Feb. 10 Purchase 495 units @ $82.00 per unit
Mar. 13 Purchase 295 units @ $67.00 per unit
Mar. 15 Sales 895 units @ $115.00 per unit
Aug. 21 Purchase 290 units @ $90.00 per unit
Sept. 5 Purchase 690 units @ $86.00 per unit
Sept. 10 Sales 1,060 units @ $115.00 per unit
Totals 2,560 units 1,955 units

  
Required:
1. Compute cost of goods available for sale and the number of units available for sale.
  


  
2. Compute the number of units in ending inventory.


  
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification units sold consist of 790 units from beginning inventory, 205 from the February 10 purchase, 295 from the March 13 purchase, 145 from the August 21 purchase, and 520 from the September 5 purchase. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.)
  



4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.)

In: Accounting

Problem 5-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It...

Problem 5-3A Perpetual: Alternative cost flows LO P1

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 600 units @ $35 per unit
Feb. 10 Purchase 300 units @ $32 per unit
Mar. 13 Purchase 150 units @ $20 per unit
Mar. 15 Sales 725 units @ $80 per unit
Aug. 21 Purchase 190 units @ $40 per unit
Sept. 5 Purchase 540 units @ $37 per unit
Sept. 10 Sales 730 units @ $80 per unit
Totals 1,780 units 1,455 units


Required:
1.
Compute cost of goods available for sale and the number of units available for sale.



2. Compute the number of units in ending inventory.



3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 200 from the February 10 purchase, 150 from the March 13 purchase, 140 from the August 21 purchase, and 365 from the September 5 purchase.



4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)



5. The company’s manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager?

  • Weighted Average

  • FIFO

  • Specific Identification

  • LIFO

In: Accounting

Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a periodic inventory system. It entered into the following calendar-year purchases and sales transactions. Date Activities Units Acquired at Cost Units Sold at Retail Jan. 1 Beginning inventory 790 units @ $85.00 per unit Feb. 10 Purchase 495 units @ $82.00 per unit Mar. 13 Purchase 295 units @ $67.00 per unit Mar. 15 Sales 895 units @ $115.00 per unit Aug. 21 Purchase 290 units @ $90.00 per unit Sept. 5 Purchase 690 units @ $86.00 per unit Sept. 10 Sales 1,060 units @ $115.00 per unit Totals 2,560 units 1,955 units Required: 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification units sold consist of 790 units from beginning inventory, 205 from the February 10 purchase, 295 from the March 13 purchase, 145 from the August 21 purchase, and 520 from the September 5 purchase. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.) 4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places. Round your final answers to the nearest whole dollar amount.)

In: Accounting

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 540 units @ $40 per unit
Feb. 10 Purchase 320 units @ $36 per unit
Mar. 13 Purchase 100 units @ $24 per unit
Mar. 15 Sales 650 units @ $85 per unit
Aug. 21 Purchase 120 units @ $45 per unit
Sept. 5 Purchase 520 units @ $41 per unit
Sept. 10 Sales 640 units @ $85 per unit
Totals 1,600 units 1,290 units

    
Required:
1.
Compute cost of goods available for sale and the number of units available for sale.



2. Compute the number of units in ending inventory.



3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 540 units from beginning inventory, 220 from the February 10 purchase, 100 from the March 13 purchase, 70 from the August 21 purchase, and 360 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)



4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)

rev: 10_23_2017_QC_CS-104883, 11_09_2017_QC_CS-108457, 02_24_2018_QC_CS-119467, 04_06_2018_QC_CS-123768, 02_08_2019_QC_CS-156418, 03_15_2019_QC_CS-162654

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In: Accounting

Problem 5-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It...

Problem 5-3A Perpetual: Alternative cost flows LO P1

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 620 units @ $45 per unit
Feb. 10 Purchase 310 units @ $42 per unit
Mar. 13 Purchase 120 units @ $30 per unit
Mar. 15 Sales 770 units @ $85 per unit
Aug. 21 Purchase 190 units @ $50 per unit
Sept. 5 Purchase 520 units @ $48 per unit
Sept. 10 Sales 710 units @ $85 per unit
Totals 1,760 units 1,480 units


Required:
1.
Compute cost of goods available for sale and the number of units available for sale.



2. Compute the number of units in ending inventory.



3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 620 units from beginning inventory, 210 from the February 10 purchase, 120 from the March 13 purchase, 140 from the August 21 purchase, and 390 from the September 5 purchase.



4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)



5. The company’s manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager?

  • LIFO

  • Weighted Average

  • Specific Identification

  • FIFO

In: Accounting

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales transactions

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 600 units @ $40 per unit
Feb. 10 Purchase 360 units @ $37 per unit
Mar. 13 Purchase 150 units @ $25 per unit
Mar. 15 Sales 765 units @ $80 per unit
Aug. 21 Purchase 200 units @ $45 per unit
Sept. 5 Purchase 580 units @ $42 per unit
Sept. 10 Sales 780 units @ $80 per unit
Totals 1,890 units 1,545 units


Required:
1.
Compute cost of goods available for sale and the number of units available for sale.



2. Compute the number of units in ending inventory.



3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 260 from the February 10 purchase, 150 from the March 13 purchase, 150 from the August 21 purchase, and 385 from the September 5 purchase.



4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)



5. The company’s manager earns a bonus based on a percent of gross profit. Which method of inventory costing produces the highest bonus for the manager?

  • Specific Identification

  • FIFO

  • Weighted Average

  • LIFO

In: Accounting