Q1. MARC CORP HAS THE FOLLOWING PRELIMINARY INVENTORY DATA AT DEC 31, 2013 INVENTORY COST 32000
500 MARK RECORDED THE FOLLOWING ADJUSTING ENTRY TO FINALIZE THE 2013 FS: LOSS DUE TO MARKET DECLINE OF INVENTORY 150 INVENTORY ALLOWANCE 150 REQUIRED: WHAT IS THE INVENTORY MARKET VALUE AT 12/31/13 Q2. TEXAS CORP HAS THE FOLLOWING INVENTORY DATA FOR 2014 BEGINNING UNITS 3500 ENDING UNITS 6500 COST IN EXCESS OF MARKET PER/UNIT AT BEG 2014 5 REPLACEMENT COST PER UNIT AT END OF 2014 49 2014 REDUCTION IN […]