Now that operations for outdoor clinics and TEAM events are running smoothly, Su
ID: 2503507 • Letter: N
Question
Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won
Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won
Explanation / Answer
Table showing Computation of Cost of Goods Sold<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Date
Particulars
Amount
(in $)
Amount
(in $)
Jul.
31
40 watches @ $150 per Watch.
6,000
6,000
Aug.
22
10 watches @ $150 per Watch.
1,500
20 watches @ $160 per Watch.
3,200
4,700
Nov.
20
20 watches @ $160 per Watch.
3,200
70 watches @ $170 per Watch.
11,900
15,100
Dec.
8
10 watches @ $170 per Watch.
1,700
30 watches @ $180 per Watch.
5,400
7,100
Total Cost of Goods Sold
32,900
Total Cost of Goods Sold for the second half of the year 2013 is $ 32,900
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.