Math

Advanced MathContemporary Mathematics for Business & ConsumersCalculate the total number of Sonic Blu-ray players available for sale and the cost of goods available for sale from the following inventory figures at Superior Electronics. Superior Electronics Sonic Blu-ray Player Inventory Date Units Purchased Cost per Unit Total Cost Beginning Inventory, January 1 40 $125 $5,000 Purchase. February 20 32 118 3.776 Purchase. April 16 30 146 4.380 Purchase. June 8 25 135 3.375 Blu-ray Players Available for Sale 127 Cost of Goods Available for Sale $16,531BuyFind*launch*

8th Edition

Robert Brechner + 1 other

Publisher: Cengage Learning

ISBN: 9781305585447

Chapter 16.I, Problem 1RE

Textbook Problem

Calculate the total number of Sonic Blu-ray players available for sale and the cost of goods available for sale from the following inventory figures at Superior Electronics.

**Superior Electronics**

**Sonic Blu-ray Player Inventory**

Date |
UnitsPurchased |
Cost per Unit |
TotalCost |

Beginning Inventory, January 1 | 40 | $125 | $5,000 |

Purchase. February 20 | 32 | 118 | 3.776 |

Purchase. April 16 | 30 | 146 | 4.380 |

Purchase. June 8 | 25 | 135 | 3.375 |

Blu-ray Players Available for Sale |
127 | Cost of Goods Available for Sale $16,531 |

Contemporary Mathematics for Business & Consumers

Ch. 16.I - You are the merchandise manager at Best Buy. The...Ch. 16.I - Letâ€™s return to Try It Exercise 1, Best Buy. Use...Ch. 16.I - Once again, letâ€™s use the Best Buy example. This...Ch. 16.I - Determine the value of the following inventory for...Ch. 16.I - 1. Calculate the total number of Sonic Blu-ray...Ch. 16.I - 2. When the buyer for Superior Electronics...Ch. 16.I - 3. Calculate the total number of units available...Ch. 16.I - When the merchandise manager of Advance Auto Parts...Ch. 16.I - 5. The following data represents the inventory for...Ch. 16.I - The following data represent the inventory figures...

Ch. 16.I - 7. Determine the value of the following inventory...Ch. 16.I - 8. Determine the value of the following inventory...Ch. 16.I - Determine the value of the following inventory for...Ch. 16.I - BUSINESS DECISION: IN OR OUT? You are the...Ch. 16.II - Using the retail method, estimate the value of the...Ch. 16.II - Fantasy Beauty Products, Inc., maintains a gross...Ch. 16.II - Using the retail method, estimate the value of the...Ch. 16.II - 2. Using the retail method, estimate the value of...Ch. 16.II - Using the retail method, estimate the value of the...Ch. 16.II - 4. Rambo Plumbing Supply maintains a gross margin...Ch. 16.II - Omni Fitness Equipment, Inc., maintains a gross...Ch. 16.II - 6. Hirst Electrical Supplies maintains a gross...Ch. 16.II - The following data represent the inventory figures...Ch. 16.II - 8. You are the warehouse manager for Discovery...Ch. 16.II - BUSINESS DECISION: OVER OR UNDER?
9. You own...Ch. 16.III - Exotic Gardens had net sales of $260,700 for the...Ch. 16.III - E-Z Kwik Grocery Store had cost of goods sold of...Ch. 16.III - Satellite Communications, Inc., had net sales of...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - Assuming that all net sales figures are at retail...Ch. 16.III - 9. Bubbles Bath Boutique had net sales of $245,300...Ch. 16.III - A Circle K convenience store had net sales of...Ch. 16.III - 11. The Gourmetâ€™s Delight, a cooking equipment...Ch. 16.III - 12. Riverside Industries had cost of goods sold of...Ch. 16.III - 13. Summit Supply is an electrical parts...Ch. 16.III - 14. Kwik-Mix Concrete Corporation had cost of...Ch. 16.III - 15. Trophy Masters had net sales for the year of...Ch. 16 - 1. Goods that a company has in its possession at...Ch. 16 - A(n) __________ inventory system is physically...Ch. 16 - 3. A(n) __________ inventory system updates goods...Ch. 16 - 4. An inventory valuation method in which each...Ch. 16 - 5. An inventory valuation method that assumes the...Ch. 16 - An inventory valuation method that assumes the...Ch. 16 - An inventory valuation method that assumes the...Ch. 16 - 8. An inventory valuation method whereby items in...Ch. 16 - 9. The two generally accepted methods for...Ch. 16 - 10. The number of times during an operating period...Ch. 16 - 11. Inventory or stock turnover may be calculated...Ch. 16 - Write the formula for average inventory. (16-7,...Ch. 16 - 13. The ideal amount of inventory a company should...Ch. 16 - 14. When the target average inventory is...Ch. 16 - 1. Calculate the total number of Maytag Neptune...Ch. 16 - When the buyer for Southern Distributors (Exercise...Ch. 16 - 3. Calculate the total number of imported silk...Ch. 16 - When the merchandise manager for Ritz Fashions...Ch. 16 - 5. Determine the value of the following inventory...Ch. 16 - 6. Using the retail method, estimate the value of...Ch. 16 - 7. On July 24, a tornado destroyed Astro...Ch. 16 - Assuming that all net sales figures are at retail...Ch. 16 - Assuming that all net sales figures are at retail...Ch. 16 - Assuming that all net sales figures are at retail...Ch. 16 - Assuming that all net sales figures are at retail...Ch. 16 - A Foot Locker store had net sales of $435,900 for...Ch. 16 - 13. The Fabric Mart had cost of goods sold of...

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