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Jackson Specialties has been in business for more ...

Jackson Specialties has been in business for more than 50 years. The company maintains a perpetual inventory system, uses a LIFO flow assumption, and ends its fiscal year at December 31. At year-end, the cost of goods sold and inventory are adjusted to reflect periodic LIFO costing procedures. A railroad strike has delayed the arrival of purchases ordered during the past several months of 2011, and Jackson Specialties has not been able to replenish its inventories as merchandise is sold. At December 22, one product appears in the company's perpetual inventory records at the following unit costs: Purchase Date Quantity Unit Cost Total Cost Nov. 14, 1958 ................................ 3,000 $6 $18,000 Apr. 12, 1959 ................................ 2,000 8 16,000 Available for sale at Dec. 22,2011 5,000 $34,000 Jackson Specialties has another 8,000 units of this product on order at the current wholesale cost of $30 per unit. Because of the railroad strike, however, these units have not yet arrived (the terms of purchase are F.O.B. destination). Jackson Specialties also has an order from a customer who wants to purchase 4,000 units of this product at the retail sales price of $47 per unit. Jackson Specialties intends to make this sale on December 30, regardless of whether the 8,000 units on order arrive by this date. (The 4,000-unit sale will be shipped by truck, F.O.B. shipping point.) Instructions a. Are the units in inventory really more than 50 years old？ Explain. b. Prepare a schedule showing the sales revenue, cost of goods sold, and gross profit that will result from this sale on December 30, assuming that the 8,000 units currently on order (1 ) arrive before year-end and (2) do not arrive until some time in the following year. (In each computation, show the number of units comprising the cost of goods sold and their related per-unit costs.) c. Comment on these results. d. Might management be wise to delay this sale by a few days？ Explain.

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更多“Jackson Specialties has been i…”相关的问题

第1题

Since the early nineties, the trend in most businesses has been toward on-demand, always- available products and services that suit the customer's_______rather than the company's.

A．benefit

B．availability

C．suitability

D．covenience

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第2题

Since the early nineties, the trend in most businesses has been toward on-demand, always-available products and services that suit the customer's ______ rather than the company's.

A．benefit

B．availability

C．suitability

D．convenience

点击查看答案

第3题

Since the early nineties, the trend in most businesses has been toward on-demand, always-available products and services that suit the customer's _______ rather than the company's.

A．benefit

B．availability

C．suitability

D．convenience

点击查看答案

第4题

Since the early nineties, the trend in most businesses has been toward on-demand, always-available products and services that suit the customer's ______ rather than the company's.

A．benefit

B．availability

C．suitability

D．convenience

点击查看答案

第5题

Since the early nineties,the trend in most businesses has been toward on-demand,always-available products and services that suit the customer's_____rather than the company's.

A．benefit

B．availability

C．suitability

D．convenience

点击查看答案

第6题

MANAGED BETWEEN AS A. E-MAIL SHOULD BE CAREFULLY (62)______TO AVOID UNCLEAR AND INAPPROPRIATE COMMUNICATION

B. IS KNOWN (63)______SPAMMING

C. THIS TOPIC IS HOTLY DEBATED (64)______EXPERIENCED INTERNET USERS AND NEWCOMERS ELECTRONIC MAIL HAS BEEN IN WIDESPREAD USE FOR MORE THAN A DECADE, SIMPLIFYING THE FLOW OF IDEAS, CONNECTING PEOPLE FROM DISTANT OFFICES AND ELIMINATING THE NEED FOR MEETINGS , BUT (65)______. AS TIME GOES ON AND MORE PEOPLE SURF THE NET, THE AMOUNT OF UNSOLICITED E-MAIL GROWS. SOME FOLKS REASONABLY ASSUME THAT CYBERSPACE MIRRORS MANY ASPECTS OF OTHER FORMS OF COMMUNICATIONS. IT WOULD SEEM THAT SINCE TELEMARKETING AND DIRECT MAIL ARE SUCCESSFULLY USED AS MARKETING TECHNIQUES FOR MANY BUSINESSES, IT SHOULD FOLLOW THAT DIRECT E-MAIL OR UNSOLICITED E-MAIL SHOULD ALSO WOR

K. (66)______. UNLIKE RECEIVING PROMOTIONAL MATERIALS THROUGH THE MAIL OR OVER THE PHONE, E-MAIL DOES CARRY A COST TO THE RECIPIENT. "BANDWIDTH" IS USED EVERY TIME WHEN AN E-MAIL MESSAGE IS SENT AND PLACES A LOAD ON EXISTING RESOURCES. THE PROCESS OF SENDING UNSOLICITED E-MAIL TO LARGE, UNTARGETED LISTS, OR THROUGH MAILING LIST DISCUSSION GROUPS OR USENET NEWSGROUPS, (67)______. SPAMMING WASTES BANDWIDT

H. IMAGINE IF IT BECAME COMMON PRACTICE FOR BUSINESSES TO MARKET THIS WAY. NOT ONLY WOULD IT BE ANNOYING FOR MANY, THE LOAD ON THE SYSTEM WOULD TRANSLATE TO HIGHER ACCESS FEES. UNLIKE REGULAR MAIL WHERE THE SENDER PAYS THE COST OF DELIVERING THE MAIL, E-MAIL IS CHEAP TO SEND, AND IN SOME CASES, EXPENSIVE TO RECEIV

E.

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第7题

【T11】

A.MANAGED

B.BETWEEN

C.AS A.E-MAIL SHOULD BE CAREFULLY【T7】______TO AVOID UNCLEAR AND INAPPROPRIATE COMMUNICATION

B.IS KNOWN【T8】______ "SPAMMING"

C.THIS TOPIC IS HOTLY DEBATED【T9】______EXPERIENCED INTERNET USERS AND NEWCOMERS ELECTRONIC MAIL HAS BEEN IN WIDESPREAD USE FOR MORE THAN A DECADE, SIMPLIFYING THE FLOW OF IDEAS, CONNECTING PEOPLE FROM DISTANT OFFICES AND ELIMINATING THE NEED FOR MEETINGS, BUT【T10】______.AS TIME GOES ON AND MORE PEOPLE SURF THE NET, THE AMOUNT OF UNSOLICITED E-MAIL GROWS.SOME FOLKS REASONABLY ASSUME THAT CYBERSPACE MIRRORS MANY ASPECTS OF OTHER FORMS OF COMMUNICATIONS.IT WOULD SEEM THAT SINCE TELEMARKETING AND DIRECT MAIL ARE SUCCESSFULLY USED AS MARKETING TECHNIQUES FOR MANY BUSINESSES, IT SHOULD FOLLOW THAT DIRECT E-MAIL OR UNSOLICITED E-MAIL SHOULD ALSO WOR

K.【T11】______. UNLIKE RECEIVING PROMOTIONAL MATERIALS THROUGH THE MAIL OR OVER THE PHONE, E-MAIL DOES CARRY A COST TO THE RECIPIENT."BANDWIDTH" IS USED EVERY TIME WHEN AN E-MAIL MESSAGE IS SENT AND PLACES A LOAD ON EXISTING RESOURCES.THE PROCESS OF SENDING UNSOLICITED E-MAIL TO LARGE, UNTARGETED LISTS, OR THROUGH MAILING LIST DISCUSSION GROUPS OR USENET NEWSGROUPS,【T12】______.SPAMMING WASTES BANDWIDT

H.IMAGINE IF IT BECAME COMMON PRACTICE FORBUSINESSES TO MARKET THIS WAY.NOT ONLY WOULD IT BE ANNOYING FOR MANY, THE LOAD ON THESYSTEM WOULD TRANSLATE TO HIGHER ACCESS FEES.UNLIKE REGULAR MAIL WHERE THE SENDER PAYS THE COST OF DELIVERING THE MAIL, E-MAIL IS CHEAP TO SEND, AND IN SOME CASES, EXPENSIVE TO RECEIV

E.

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第8题

【T12】

A.MANAGED

B.BETWEEN

C.AS A.E-MAIL SHOULD BE CAREFULLY【T7】______TO AVOID UNCLEAR AND INAPPROPRIATE COMMUNICATION

B.IS KNOWN【T8】______ "SPAMMING"

C.THIS TOPIC IS HOTLY DEBATED【T9】______EXPERIENCED INTERNET USERS AND NEWCOMERS ELECTRONIC MAIL HAS BEEN IN WIDESPREAD USE FOR MORE THAN A DECADE, SIMPLIFYING THE FLOW OF IDEAS, CONNECTING PEOPLE FROM DISTANT OFFICES AND ELIMINATING THE NEED FOR MEETINGS, BUT【T10】______.AS TIME GOES ON AND MORE PEOPLE SURF THE NET, THE AMOUNT OF UNSOLICITED E-MAIL GROWS.SOME FOLKS REASONABLY ASSUME THAT CYBERSPACE MIRRORS MANY ASPECTS OF OTHER FORMS OF COMMUNICATIONS.IT WOULD SEEM THAT SINCE TELEMARKETING AND DIRECT MAIL ARE SUCCESSFULLY USED AS MARKETING TECHNIQUES FOR MANY BUSINESSES, IT SHOULD FOLLOW THAT DIRECT E-MAIL OR UNSOLICITED E-MAIL SHOULD ALSO WOR

K.【T11】______. UNLIKE RECEIVING PROMOTIONAL MATERIALS THROUGH THE MAIL OR OVER THE PHONE, E-MAIL DOES CARRY A COST TO THE RECIPIENT."BANDWIDTH" IS USED EVERY TIME WHEN AN E-MAIL MESSAGE IS SENT AND PLACES A LOAD ON EXISTING RESOURCES.THE PROCESS OF SENDING UNSOLICITED E-MAIL TO LARGE, UNTARGETED LISTS, OR THROUGH MAILING LIST DISCUSSION GROUPS OR USENET NEWSGROUPS,【T12】______.SPAMMING WASTES BANDWIDT

H.IMAGINE IF IT BECAME COMMON PRACTICE FORBUSINESSES TO MARKET THIS WAY.NOT ONLY WOULD IT BE ANNOYING FOR MANY, THE LOAD ON THESYSTEM WOULD TRANSLATE TO HIGHER ACCESS FEES.UNLIKE REGULAR MAIL WHERE THE SENDER PAYS THE COST OF DELIVERING THE MAIL, E-MAIL IS CHEAP TO SEND, AND IN SOME CASES, EXPENSIVE TO RECEIV

E.

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