0% Plagiarism Guaranteed & Custom Written

Prepare a cost of goods sold statement

17 / 01 / 2019 Research Papers

This paper circulates around the core theme of Prepare a cost of goods sold statement together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

PRIME COST, CONVERSION COST, PREPARATION OF INCOME STATEMENT: MANUFACTURING FIRM Roundabout Shoe… 1 answer below » PRIME COST, CONVERSION COST, PREPARATION OF INCOME STATEMENT: MANUFACTURING FIRM Roundabout Shoe Company makes walking shoes. During the past calendar year, a total of 90,000 pairs of shoes were made, and 89,000 were sold for $54.00 per pair. The actual unit cost per pair of shoes is as follows: The selling expenses consisted of a commission of $2.70 per pair sold and advertising copayments totalling $236,000. Administrative expenses, all fixed, equalled $183,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $235,500 for 6 View complete question » PRIME COST, CONVERSION COST, PREPARATION OF INCOME STATEMENT: MANUFACTURING FIRM Roundabout Shoe Company makes walking shoes. During the past calendar year, a total of 90,000 pairs of shoes were made, and 89,000 were sold for $54.00 per pair. The actual unit cost per pair of shoes is as follows: The selling expenses consisted of a commission of $2.70 per pair sold and advertising copayments totalling $236,000. Administrative expenses, all fixed, equalled $183,000. There were no beginning and ending work-in-process inventories. Beginning finished goods inventory was $235,500 for 6,000 pairs of shoes. Required: 1. Calculate the number and the dollar value of walking shoes in ending finished goods inventory. 2. Prepare a cost of goods sold statement. 3. Prepare an absorption-costing income statement. View less » Dec 09 2015 02:54 PM


100% Plagiarism Free & Custom Written


International House, 12 Constance Street, London, United Kingdom,
E16 2DQ

Company # 11483120

STILL NOT CONVINCED?

We've produced some samples of what you can expect from our Academic Writing Service - these are created by our writers to show you the kind of high-quality work you'll receive. Take a look for yourself!

View Our Samples

Benefits You Get

  • Free Turnitin Report
  • Unlimited Revisions
  • Installment Plan
  • 24/7 Customer Support
  • Plagiarism Free Guarantee
  • 100% Confidentiality
  • 100% Satisfaction Guarantee
  • 100% Money-Back Guarantee
  • On-Time Delivery Guarantee
FLAT 25% OFF ON EVERY ORDER. Use "FLAT25" as your promo code during checkout