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Linda_us
Linda_us, Finance, Accounts & Homework Tutor
Category: Homework
Satisfied Customers: 7291
Experience:  Post Graduate Diploma in Management (MBA)
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FOR LINDA Hello, I need some help with a few questions you

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FOR LINDA
Hello, I need some help with a few questions you think you can help?
Hello and thank you for requesting me.
Is it a timed assignment?
Customer: replied 3 years ago.

no this assignment is not timed

Ok. Then please post your questions and advise your deadline.
Customer: replied 3 years ago.

The first two are due Friday night and the other three are due monday

Please post them.
Customer: replied 3 years ago.

It's not letting me post is says access denied

You can upload them on site like www.box.com and share the link here.
Customer: replied 3 years ago.

Okay let me try again if not I will do that

Okay.
Customer: replied 3 years ago.

how do I share the link on box.com?

Once you upload file to box.com you will see a link to share click that and copy the link you get and paste it here.
Customer: replied 3 years ago.

https://www.box.com/s/y5podybrl4q6gpj2ok19


 


okay here is the first set these are due monday it is problem 1, problem 3 lower of cost or market, problem 4, problem 5 and problem 6 journal entry


 


I will put the other set of problems after this one so it is not confusing thank you :)

I can see all 6 in the post created by you. Do you have more?
Customer: replied 3 years ago.

Yes but its is not letting me but the second link

Sorry I am not able to get you.
Customer: replied 3 years ago.

Did you get the first set I sent?

I got the first set. I just to confirm if you plan add second set as part of this post or will you create a new post?
Customer: replied 3 years ago.

https://www.box.com/s/y5podybrl4q6gpj2ok19


 


 

Customer: replied 3 years ago.

just problem 1 and 2 for the second set thank you :)

I see a total of 6 question?

You told above that
" I will put the other set of problems after this one so it is not confusing thank you :)"

What I wanted to confirm was that

"If you plan add second set as part of this thread or will you create a thread?"
Customer: replied 3 years ago.

This thread, And yes there is 6 problems and you in longer have to do the journal entry for problem 6 thanks

If you want add second set to this thread please post that as well so that I can review the total work involved.

I would suggest to create a new thread for second set.

Customer: replied 3 years ago.

No that's it, those are all the problems I need help with

Ok. I will complete them before this weekend.
Customer: replied 3 years ago.

Okay thank you

Thanks.
Customer: replied 3 years ago.
Hello, I just wanted to see how everything was going? :)
Customer: replied 3 years ago.

I still need those questions please, my deadline is coming up

I will post the solution tonight.
Customer: replied 3 years ago.

okay thank you so much :)

You are welcome.
Customer: replied 3 years ago.

Did you do the one the second set I had sent? I needed those by tomorrow

You told me only to do the first set. That all that you needed.

Customer: replied 3 years ago.

I think I had made it confusing Sorry But I really need help with the other set it is only two questions please!!!

Please post it. I will review and let you know. In either case I will not be able to do the questions tonight. I can do it tomorrow.

Customer: replied 3 years ago.

okay I need them at least my tomorrow afternoon or early evening thanks I posting the questions now

Customer: replied 3 years ago.

https://www.box.com/s/vu3zaul7xk4cgylko6jx

Customer: replied 3 years ago.

I you have trouble please let me know it is questions 1 and 2 thank you I will put in a bonus

Only 1 & 2 are required? Correct?

 

I can complete them by 8-9 PM EST, is that okay with you.

 

 

Also considering these additional questions please add a Bonus on $20-$25 once I post the solution.

Customer: replied 3 years ago.

okay no problem thank you so much

Thank you.
Customer: replied 3 years ago.

Hello, I was looking at problem 4 on the first set of problems and I am having trouble find the answers for ending inventory at cost and Lower of cost or market.

ending inventory at cost = 30649
ending inventory at Retail = 42014
Lower of Cost = 30649
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Linda_us, Finance, Accounts & Homework Tutor
Category: Homework
Satisfied Customers: 7291
Experience: Post Graduate Diploma in Management (MBA)
Linda_us and 7 other Homework Specialists are ready to help you
Customer: replied 3 years ago.

for question 2 on the second set of questions the answer for the end period: cost of goods sold doesn't work and I can't find the work for the last part of 2 cost of goods sold

Which Method is not working LIFO?

If you select Cell D18 or E18 you can see the work.
Or are you talking about perpetual vs. periodic?
Customer: replied 3 years ago.

the periodic there is a section that has


Cost of goods sold after end period


 

Customer: replied 3 years ago.

I looked at at those cells i just don't understand where the 500 came from?

3200-2700 = 500

"

the periodic there is a section that has


Cost of goods sold after end period"

 

Do we need to show calculation here or is it Journal Entry?

Customer: replied 3 years ago.

calculations please


 

Can you please show me drop value.

Customer: replied 3 years ago.

yes: I already put the item it should be


beginning inventory


purchases


Less:returns


Plus: freight in


net purchases


cost of goods available


Less: ending inventory


cost of goods sold


that is how they should be that is the order also I still need help with end period cost of goods pleas thanks ASAP


 

beginning inventory 25000


purchases 155000


Less:returns 12000


Plus: freight in 10000


net purchases 153000


cost of goods available 178000


Less: ending inventory 30000


cost of goods sold 148000

I would be offline soon. Let me know if you need any further help for today.
Customer: replied 3 years ago.

Did you get the cost of goods sold for the end period?

Yes I posted it above. Posting here again


beginning inventory 25000

purchases 155000

Less:returns 12000

Plus: freight in 10000

net purchases 153000

cost of goods available 178000

Less: ending inventory 30000

cost of goods sold 148000
I hope you have received all the info now. :)
Customer: replied 3 years ago.

no that is everything thank you

Thanks.

Hi


I'm just following up with you to see how everything is going. Did my answer help?


Let me know,
Linda

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