80.2K

Verified Solution

Link Copied!

please help me with the following 2 questions.

An electronics retailer purchases $20,000 of computers for resale. The retailer spends $500 in transportation cost, $2,000 in labor and parts to upgrade the computers and $300 to advertise them. What is the total cost of the inventory to the electronics retailer that would be included in the value of inventory? Multiple Choice $20,000 $22,800 $20,500 $22,500 None of the other alternatives are correct Review the information in the chart below for Company X, Y, and Z and determine the values for the missing figures. Beginning inventory Inventory produced Inventory available Inventory sold Ending inventory X 8,000 2 14,000 26,000 57,000 ? ? 89,000 17,000 27,000 ? ? 12,000 15,000 Multiple Choice O Company X: Inventory available is $22,000, ending inventory is $5,000. Company 2: Beginning inventory is $13,000. Available inventory is $39,000. Company Y: Beginning inventory is $32,000, Inventory sold is $74,000 Company Y: Inventory available is $22,000, ending inventory is $5,000. Company X: Beginning inventory is $13,000. Available inventory sold is $74,000 $39,000. Company Z: Beginning inventory is $32,000, Inventory O Company X: Inventory available is $22,200, ending Inventory sold is $74,000 $5,000. Company Y. Beginning inventory is $13,000. Available inventory is $39,000. Company Z: Beginning inventory is $32,000, Inventory 0 Company X: Inventory available is $22,200, ending inventory is $5,000. Company sold is $74,400 Beginning inventory is $13,000. Available inventory is $39,000. Company Z: Beginning inventory is $32,000, Inventory O Company Inventory available is $22,000, ending inventory is $5,000. Company Y: Beginning inventory is $13,000. Available inventory is $39,000. Company Z: Beginning inventory is $32,000, Inventory sold is $74,000

Answer & Explanation Solved by verified expert

See Answer