I need help computing the fire loss. What burned are 50 tons or 167 rolls costing 25,950. Additional information is on the excel sheet
VALLEY PUBLISHING COMPANY
#811 - Newsprint and Ink
12/31/20x2 DESCRIPTION TONS
Books Beginning Inventory DOLLARS
Adjusted Books 340 P 340 $164,480 P Purchases 1190 w 1172 x $637,595 w Available for sale 1530 1512 $802,075 Ending Inventory (358) C-1 (338) Inventory consumed and burned
FIRE LOSS: Total Consumed COMPUTED NEWSPRINT AND INK P
w Per prior years work papers
Traced to vouchers and total per voucher register ### C-1 x Voucher 1-01 20x3 Average pages per issue - 39 pages, test of morgue files.
Issues published this year - 313 (52 weeks x 6 issues per week + 1
ABC reported circulation - 13,340
Industry average for unpaid copies 7% of ABC circulation
Fire loss was primarily 34" white paper purchased on Voucher 8-22
Using a postal scale and allowing for the weight of ink and moistu
weighs an average of .5020 lbs.
Circulation department records indicate that subscription circula
9,605 voucher 8-167 rolls or 50 tons @ $25950 C-3 DOLLARS
$627,371 x $791,851
This question was answered on: Sep 13, 2020Buy this answer for only: $15
This attachment is locked
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Sep 13, 2020EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.