The Martinez Company has just completed a physical inventory count at year end, December 31, 2022. Only the items on the shelves, in storage, and in the receiving area were counted and costed on the FIFO basis. The inventory amounted to $81,600. During the audit, the independent CPA discovered the following additional information:

(a) There were goods in transit on December 31, 2022, from a supplier with terms FOB destination, costing $9,800. Because the goods had not arrived, they were excluded from the physical inventory count.
(b) On December 27, 2022, a regular customer purchased goods for cash amounting to $1,150 and had them shipped to a bonded warehouse for temporary storage on December 28, 2022. The goods were shipped via common carrier with terms FOB shipping point. The customer picked the goods up from the warehouse on January 4, 2023. Martinez Company had paid $575 for the goods and, because they were in storage, Martinez included them in the physical inventory count.
(c) Martinez Company, on the date of the inventory, received notice from a supplier that goods ordered earlier, at a cost of $3,500, had been delivered to the transportation company on December 28, 2022; the terms were FOB shipping point. Because the shipment had not arrived on December 31, 2022, it was excluded from the physical inventory.
(d) On December 31, 2022, there were goods in transit to customers, with terms FOB shipping point, amounting to $760 (expected delivery on January 8, 2023). Because the goods had been shipped, they were excluded from the physical inventory count.
(e) On December 31, 2022, Martinez Company shipped $2,400 worth of goods to a customer, FOB destination. The goods arrived on January 5, 2023. Because the goods were not on hand, they were not included in the physical inventory count.
(f) Martinez Company, as the consignee, had goods on consignment that cost $2,700. Because these goods were on hand as of December 31, 2022, they were included in the physical inventory count.

Analyze the above information and calculate a corrected amount for the ending inventory.

Answers

Answer 1
Answer is letter c
Hope it helps

Related Questions


PLEASE HELP !! ILL GIVE BRAINLIEST !!

Answers

Answer:

Step-by-step explanation:

Equation: (3x+7) + (10x+17) = 180

*These are consecutive interior angles and they add to 180 degrees

1.) Add like terms

13x + 24 = 180

2.) Subtract 24 from both sides

13x = 156

3.) Divide each side by 13

x = 12

*Substitute x in both expressions to get angle measures

Value of x: 12

3(12)+7 = 36+7 = 43

10(12)+17 = 120+17 = 137

*Check 43+137 = 180

Angle Measures: 1st angle: 43 degrees

2nd angle = 137 degrees

GIVING BRAINLEST PLEASE ANSWER ALL :)

Answers

Imm noottttt sure sryyy

Identify the association comparing age of a teacher and the number of students in his or her classroom

Answers

H⁣⁣⁣⁣ere's l⁣⁣⁣ink t⁣⁣⁣o t⁣⁣⁣he a⁣⁣⁣nswer:

bit.[tex]^{}[/tex]ly/3a8Nt8n

If I apply distributive property to 6 (t + 12) = 114 then what operation will I need to use first

Answers

Answer:

Step-by-step explanation:

First divide 6 from the left size so it gets cancelled.

Basically 6 (t + 12) = 114 becomes (t + 12) = 114/6

Which becomes (t + 12) = 19

Now, (t + 12) - 12 = 19

Therefore, t = 19 - 12

Answer: t = 7

(whatever you do to one side, most be done to the other side too).

To check,

6(t+12)=114

6(7+12)=114

Solve brackets first, 6(19)=114

114=114

The first operation will be multiplying 6 with t and 6 with 12 and then adding both the terms also t is equal to 7.

What is Distributive property?

This property states that multiplying the total of two or more addends by a number will produce the same outcome as multiplying each addend by the number separately and then adding the results together.

As per the given data:

To apply distributive property in  6 (t + 12) = 114

Distributive property: A (B + C) = A × B + A × C

Now for, 6 (t + 12) = 114

First operation will be multiplying 6 with t and 6 with 12 and then adding both the terms:

6 × t + 6 × 12 = 114

6t + 72 = 114

6t = 114 - 72

6t = 42

t = (42/6) = 7

Hence, the first operation will be multiplying 6 with t and 6 with 12 and then adding both the terms also t is equal to 7.

To learn more about Distributive property, click:

brainly.com/question/5637942

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The principal of the school is looking over grade reports, specifically scores on math quizzes.

This box-and-whisker plot shows the results.

Find median and range in the given box plot:





Answers

Answer:

Range = 45

Median = 75

Step-by-step explanation:

Based on the attached box and whisker plot :

From the plot :

Maximum value = 95

Minimum value = 50

The median value can be obtained from the box and whisker plot. The median value from the plot is ; the green dotted point inside the box :

This point is marked 75.

Hence, median value = 75

Range = maximum - minimum

Range =. 95 - 50 = 45

pls help me on this !!!

Answers

Answer:

7, 12, 13

Step-by-step explanation:

Use the Pythagorean theorem equation on all of them. The one that does not make the equation true is the  answer.

a^2 + b^2 = c^2

A.

a^2 + b^2 = 18^2 + 80^2 = 6724

c^2 = 82^2 = 6724

Right triangle.

B.

a^2 + b^2 = 7^2 + 12^2 = 193

c^2 = 13^2 = 169

Not a right triangle.

C.

a^2 + b^2 = 3^2 + 4^2 = 25

c^2 = 5^2 = 25

Right triangle.

D.

a^2 + b^2 = 45^2 + 60^2 = 5625

c^2 = 75^2 = 5625

Right triangle.

Answer: 7, 12, 13

help please please please ​

Answers

Answer:

they are both going in the same dirrection but this does not mean they are parrallel or perpendicular.

Step-by-step explanation:

So just say neither

Answer:

they are not parallel nor perpendicular to each other i am assuming you can write out the full sentsentence your self

Step-by-step explanation:

Luke build a storage box in the shape of a right rectangular prism dimensions inside the box are

Width-4 feet
Length-8 feet
Height- 3 1/2 feet

What is the total volume in cubic feet of the inside of the box
Also I’m not opening up links so please don’t put a link

Answers

Answer:

112 feet

Step-by-step explanation:

To find the volume of a rectangular prism do this equation: W x L x H = V

so for this question you would do, 4 x 8 x 3.5 which equals 112

If you create a matrix, C, to show the inventory at the end of July, the value of the entry represented by C22 is ?

In a matrix with components aij, which represents unit sales for july, the maximum possible value that a31 can have is ?

Answers

Answer:

[tex]C_{22} = 389[/tex]

[tex]Max(A_{31}) =376[/tex]

Step-by-step explanation:

Given

See attachment for complete question

Solving (a): The entry C22

First, matrix C represents the inventory at the end of July.

The entry of C is calculated as:

[tex]C = Inventory - Sales[/tex]

i.e.

[tex]C = \left[\begin{array}{ccc}543&356&643\\364&476&419\\376&903&409\end{array}\right] - \left[\begin{array}{ccc}102&78&97\\98&87&59\\54&89&79\end{array}\right][/tex]

[tex]C = \left[\begin{array}{ccc}543-102&356-78&643-97\\364-98&476-87&419-59\\376-54&903-89&409-79\end{array}\right][/tex]

[tex]C = \left[\begin{array}{ccc}441&278&546\\266&389&360\\322&814&330\end{array}\right][/tex]

Item C22 means the entry at the second row and the second column.

From the matrix

[tex]C_{22} = 389[/tex]

Solving (b): The maximum A31 possible.

From the given data, we have:

[tex]Inventory = \left[\begin{array}{ccc}543&356&643\\364&476&419\\376&903&409\end{array}\right][/tex]

[tex]Unit\ Sales = \left[\begin{array}{ccc}102&78&97\\98&87&59\\54&89&79\end{array}\right][/tex]

From the matrices above.

A31 means entry at the 3rd row and 1st column.

So, the possible values of A31 are:

[tex]A_{31} = 376[/tex]

and

[tex]A_{31} = 54[/tex]

By comparison, 376 > 54

So:

[tex]Max(A_{31}) =376[/tex]  

Please help I’ll mark you as brainliest if correct!

Answers

Answer:

4 feet

Step-by-step explanation:

MN/RT=MO/RS

6/3=8/RS

6RS=24

RS=24/6

RS=4

SORRY IF LATE AND WRONG!!!

In a 30°-60°-90° triangle, the side opposite of the 60° angle is 5V3. What is the length of
the hypotenuse? Just write the number.

Answers

Answer:

10

Step-by-step explanation:

Can't do that. I have to write some sort of explanation or the mods have a fit.

Side opposite = 5 √3

Sin(60) = √3 /2

Hypotenuse = x

Sin(60) = √3/2 = 5√3 / x

√3/2 = 5√3 / x                  Multiply both sides by x

x √3/2 = 5√3                    Divide both sides by √3

x/2 = 5

x = 10

The hypotenuse is 10 units long.

A triangle has angles measuring 108 and 24 degrees. What is the measure of the third angle?

Answers

Since a triangle’s total degrees equals 180 you would do 180-108-24 and you would get 48° for your answer

How much money is 15% of $14.90
SHOW YOUR WORK

Answers

Answer:

The final price will be $12.67

Step-by-step explanation:

Discount = Original Price x Discount %/100

Discount = 14.9 × 15/100

Discount = 14.9 x 0.15

You save = $2.24

Final Price = Original Price - Discount

Final Price = 14.9 - 2.235

Final Price = $12.67

hope this helps and is right. p.s. i really need brainliest :)

Gideon is filling a container with sand. How much sand will fit in the container?
2 cm
19 cm
11 cm
A 32 cm
B. 209 cm
c. 418 cm
D. 629 cm3

Answers

Answer:

C) 418 cm

Step-by-step explanation:

19*11=209

209*2=418

formula for volume= l*w*h

Can I please have Brainliest?

Which expressions are equivalent to 6 + 12x?

Answers

Answer:

Expressions A, C, D are equivalent

Step-by-step explanation:

Equivalent expressions:

Two expressions are equivalent if they give the same result. So

Option A:

3(2 + 4x)  =3*2 + 3*4x = 6 + 12x

So equivalent

Option B:

3(2 + 6x) + 2x = 3*2 + 3*6x + 2x = 6 + 18x + 2x = 6x + 20. So not equivalent

Option C:

5(1+2x) + 1 + 2x = 5*1 + 5*2x + 1 + 2x = 5 + 10x + 1 + 2x = 6 + 12x.

Equal, so equivalent

Option D:

7*(1+2x) - 2x - 1 = 7*1 + 7*2x - 2x - 1 = 7 + 14x - 2x - 1 = 6 + 12x

Equal, so equivalent.

Option E:

7*(1+2x) + 2x - 1 = 7*1 + 7*2x - 2x - 1 = 7 + 14x + 2x - 1 = 6 + 16x

Different, so not equivalent.

20 Points Please help me

Answers

Answer:

98 inches

Step-by-step explanation:

Multiply the top length by the bottom length

Question 9 (5 points)
Find the distance between a point (6,9) and a horizontal line at y= 5.
OA) 15
B) 4
OC) 11
D) 14

Answers

Answer is: B
Workup in a photo below.
Good luck

How much money is needed to buy one fourths of a pound of butter at $.92 a pound 4 pounds of sugar at $.24 a pound and six eggs at $.72 a dozen

Answers

Answer:

$1.55

Step-by-step explanation:

(0.92/4) + (4 x 0.24) + (0.72/2) = 1.55

The dot plots show the math test scores from the sixth and seventh
grade students

Answers

Answer:

C

Step-by-step explanation:

Answer:

a

Step-by-step explanation:

what does (b + 3) + 6= ?

Answers

Answer:

(b + 3) + 6 = b + 9

Explanation:

The order in which you add numbers together doesn't matter.

plz help for brianly

Answers

Answer:

190.

Step-by-step explanation:

V 153
Given tan A= - and that angle A is in Quadrant IV, find the exact value of
sec A in simplest radical form using a rational denominator.
4

Answers

The secant of the angle A is 13/4

How to determine the value of sec(A)?

The given parameter is:

[tex]\tan(A) = -\frac{\sqrt{153}}{4}[/tex]

Using the trigonometry identity, we have:

[tex]\sec^2(A) = \tan^2(A) + 1[/tex]

This gives

[tex]\sec^2(A) = (-\frac{\sqrt{153}}{4})^2 + 1[/tex]

Evaluate the exponent

[tex]\sec^2(A) = \frac{153}{16} + 1[/tex]

Evaluate the sum

[tex]\sec^2(A) = \frac{169}{16}[/tex]

Take the square root of both sides

[tex]\sec(A) = \pm \frac{13}{4}[/tex]

Secant in quadrant IV is positive.

So, we have:

[tex]\sec(A) = \frac{13}{4}[/tex]

Hence, the secant of angle A is 13/4

Read more about trigonometry ratios at:

https://brainly.com/question/11967894

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Match each system of equations to its point of intersection.
y=2x+1
y=x+3

y=x+3
y=-3x-2

y= -x-7
y= x+3

y= -x-7
y= 2x+1

y= 2x+1
y= -3x-2

Answers

I tried putting the answer put it’s saying it’s incorrect when it’s right

Answer:

Step-by-step explanation:

PLs give Brainliest

Question 7 of 10 What is the interquartile range (IQR) of the data set represented by this box plot? ਤੇ 61 B9 ਮ A. 37 E. 5 C 1​

Answers

Answer:

Find an interquartile range for an odd set of numbers: Second ... — (1, 2, 5, 6, 7, 9), (9, 12, 15, 18, 19, ... Box Plot interquartile range: How ... Example question: Find the interquartile ... Q1 is represented by the left ... (GPA) in the following data set: ... The “1” in this Excel formula(A2:A10,1) represents the ...

Step-by-step explanation:

Answer:

D. 22

Step-by-step explanation:

Your answer is correct sir :)

Khan academy pls help!

Answers

Answer:

The answer is b

Step-by-step explanation:

A researcher conducted a hypothesis test to see if students on average spend more than 1 hour per homework assignment. The level of significance, a, selected was 0.05. This means that if on average they do spend exactly 1 hour per assignment, then there is a 5% chance that the erroneous conclusion will be made that students spend on average more than 1 hour per assignment.

a. Trueb. False

Answers

Answer:

a. True

Step-by-step explanation:

By ∝= 5% we mean that there are about 5 chances in 100 of incorrectly rejecting a true null hypothesis. To put it in another way , we say that we are 95% confident in making the correct decision.

In the given question the null hypothesis is

H0: u ≤ 1 hour and Ha:  u > 1 hour

So there is a 5% chance that the erroneous conclusion will be made that students spend on average more than 1 hour per assignment.

The given statement is true.

Find the slope of each line (no links I’ll report)

Answers

Answer:

Slope = ⁵/7

Step-by-step explanation:

Slope (m) = change in y / change in x

Using two points on the graph, (-4, -4) and (3, 1),

Slope (m) = (1 - (-4))/(3 - (-4)) = 5/7

Slope (m) of the line = 5/7

Solve each system by eliminating one of the variables by addition or
subtraction.

Answers

Answer:

Step-by-step explanation:

hello :

here is an solution

What is the equivalent ratio??

Answers

1/2 = 50 %
equivalent ratios could be: 2/4, 5/10, 6/12, etc

Answer: 1:2

Since it is a half, we can simply use 1:2 since it is a one-to-two ratio.

Alexis has 27.5 ounces of beads. How many necklaces can she make if each one uses 2.5 ounces?

Answers

Answer:

11

Step-by-step explanation:

27.5/2.5

she can make 11 necklaces
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