Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. barger company had the following information at de

Barger Company had the following information at December 31: Finished goods inventory, January 1 $90,000...

50.1K

Verified Solution

Question

Accounting

Barger Company had the following information at December 31: Finished goods inventory, January 1 $90,000 Finished goods inventory, December 31 126,000 If the cost of goods manufactured during the year amounted to $1,995,000 and annual sales were $2,994,000, how much is the amount of gross profit for the year?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

2 What is the area of the cross section if the diameter of the base...

Basic Math
1.2K views

Consider the following data set. x 1 2 3 4 5 6 y 3.00 0.21 0.61 0.70 1.13 1.17 a) plot the data (y versus x). Are there any points...

Mechanical Engineering
1.2K views

Say that you are looking to buy a small call and want to get a very...

Basic Math
1.2K views

Points 0 of 1 A rectangular garden bed measures 48 feet by 14 feet A...

Basic Math
1.2K views

Listed below are the lead concentrations (in g/g) measured in different Ayurveda medicines. Ayurveda is...

Calculus
1.2K views

Find F' (x) if F(x) = ??x+1 te? dt.Evaluate 1?? 1/x dx. Show all working.

Calculus
1.2K views

x 1 not exist The graph of y f x might look like select all...

Accounting
1.2K views

Question 19 of 58. $275- investment management fees; $65- safety deposit box to...

Accounting
1.2K views

Emils son Kaffir suffers from a rare illness. During the last six months of 2018,...

Accounting
1.2K views

The management of Zigby manufacturing prepare the following balance sheet for March 31? ...

Accounting
1.2K views

i need 5a 5b and 5c please 4 Due to erratic sales...

Finance
1.2K views

Q1 Q2 Axis Corp. is studying two mutually exclusive projects....