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Sarabjit Inc

question 84

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Sarabjit Inc. produced the following information for December, 2012:
Sarabjit Inc. produced the following information for December, 2012:    Required: NOTE THAT EACH REQUIREMENT IS INDEPENDENT OF THE OTHERS. a)Determine if any of the transactions near year-end should be included in the December 31, 2012 inventory balance. b)Determine if there is any impairment of inventory at December 31, 2012. c)Determine the cost of goods sold for December 2012. d)The company has a historical gross margin of 25%. If sales were $400,000, what should ending inventory be at December 31, 2012? Required:
NOTE THAT EACH REQUIREMENT IS INDEPENDENT OF THE OTHERS.
a)Determine if any of the transactions near year-end should be included in the December 31, 2012 inventory balance.
b)Determine if there is any impairment of inventory at December 31, 2012.
c)Determine the cost of goods sold for December 2012.
d)The company has a historical gross margin of 25%. If sales were $400,000, what should ending inventory be at December 31, 2012?

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Appreciate the influence of nursing care on patient outcomes, including emotional and behavioral responses.
Recognize the importance of spiritual connectedness in providing holistic patient care.

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