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Author Question: Last week, a toy manufacturer made the following toys and sold them to a department store at the ... (Read 49 times)

mynx

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on: Jun 24, 2018
Last week, a toy manufacturer made the following toys and sold them to a department store at the following prices: 144 dolls at 8 each, 72 drums at 3 each, and 288 train sets at 35 each. The toy manufacturer paid a total of 6,228 for rent, materials, and labor. Compute the amount the toy manufacturer had left after paying all expenses.

Question 2

PQI Quality, Inc takes inventory semiannually and bases inventory on selling price. Beginning inventory for the year was 90,800 . Inventory at the end of the first six months was 108,000 . Ending inventory for the year was 97,600 . Net sales for the year equal 357,740 . Compute the inventory turnover at retail.


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zacnyjessica

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Reply #1 on: Jun 24, 2018
Answer to Question 1

5,220 money left

Answer to Question 2

3.6 times


mynx

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

sultana.d

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Reply 3 on: Yesterday
Gracias!

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