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  • Fa2 Basistacompany

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    Jasper Gica
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    The document lists inventory amounts for a bicycle parts manufacturer on December 31, 2007, including finished goods, work in process, raw materials, and factory supplies. Finished goods inventory totaled $2,564,000, while work in process was $434,800. Raw materials were $909,600 and factory supplies were $259,200, bringing total inventories on December 31, 2007 to $4,167,600.

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    FA2_BASISTACOMPANY

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    The document lists inventory amounts for a bicycle parts manufacturer on December 31, 2007, including finished goods, work in process, raw materials, and factory supplies. Finished goods inventory totaled $2,564,000, while work in process was $434,800. Raw materials were $909,600 and factory supplies were $259,200, bringing total inventories on December 31, 2007 to $4,167,600.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views1 page

    Fa2 Basistacompany

    Uploaded by

    Jasper Gica
    The document lists inventory amounts for a bicycle parts manufacturer on December 31, 2007, including finished goods, work in process, raw materials, and factory supplies. Finished goods inventory totaled $2,564,000, while work in process was $434,800. Raw materials were $909,600 and factory supplies were $259,200, bringing total inventories on December 31, 2007 to $4,167,600.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    A.

    Down tube shifter (NRV) 1,056,000


    Bar end shifter (Cost) 728,000
    Head tube shifter (Cost) 780,000
    Finished goods inventory, December 31,
    2007 2,564,000
    B.
    Raw materials, December 1, 2007 960000/2
    Half price of the raw materials 480,000
    Divide by 120%
    400,000
    Replacement cost 509,600
    Raw materials, December 31, 2007 909,600
    C.
    Remaining factory supplies 276,000
    Historical cost 16,800
    Factory supplies, December 31, 2007 259,200
    D.
    Finished goods inventory, December 31,
    2007 2,564,000
    Work in process inventory, December 31,
    2007 434,800
    Raw materials, December 31, 2007 909,600
    Factory supplies, December 31, 2007 292,00
    Total inventories 4,167,600

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