Wednesday
November 26, 2014

Homework Help: Math

Posted by Bobbi Loffredo on Friday, March 25, 2011 at 6:30pm.

Herman Company has three products in its ending inventory. Specific per unit data for each of the products are as follows:

Product1 product2 product3
cost $20 $90 $50
replacement
cost 18 85 40
selling price 40 120 70
disposal costs 6 40 10
normal profit
margin 5 30 12

What unit values should Herman use for each of its products when applying the LCM rule to ending inventory?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Herman Company has three products in its ending inventory. Specific per ...
Math - Tatum Company has four products in its inventory. Information about the ...
business - On December 31 of last year, Wolfson Corporation had in inventory 400...
Accounting - Please explain I'm so lost Chandler Ltd. estimates sales for the ...
Stats - Consider the Avionic Manufacturing Company that wishes to meet a demand ...
cuyamaca - Eddings Company had a beginning inventory of 400 units of Product XNA...
accounting II - i am completely stuck on this! 5. Manufacturing statements and ...
math - Eddings Company had a beginning inventory of 400 units of Product XNA at ...
accounting - Eddings Company had a beginning inventory of 400 units of Product ...
lehman - Hair Products A hair product company sells three types of hair products...

Search
Members