value: 10.00 points Nazaro\'s Boot Company makes specialty boots for the rodeo c

Question

value: 10.00 points Nazaro's Boot Company makes specialty boots for the rodeo circuit. On D had (a) 300 pairs of boots in finished goods materials inventory. During 2015, the comp manufactured 16.450 pairs of boots 31, 2014 the company inventory and (b) 2.000 heels at a cost of $12 each in raw any purchased 44.000 additional heels at $12 each and Required 1. Determine the unit and dollar amounts of raw materiais inventory in heels at December 31, 2015 Nü ber of u t Per UnitTotal 2.000 s 44.000$ 46.000 S 31, 2014 2S24.000 12 528,000 inventory available for production 0 Ending inventory December 31. 2015 46.000s 12S552,000

Explanation / Answer

Number of units Cost per unit Total cost Beginning inventory, December 31,2014 2000 12 24000 Purchases during 2015 44000 12 528000 Inventory available for production 46000 12 552000 Less: Inventory transferred into production 32900 12 394800 Ending inventory, December 31,2015 13100 12 157200

Related Questions

Navigate

• Browse (All)
• Browse V
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.