kimberlyvalrey
Feb 13, 2012, 02:16 PM
Leeds sold one of iys produce to Faster for resale to its customers, The detail include the following.
Leeds's sale price was $200,000
Leed's cost to make the product was $180,000
Faster has sold 50% of the product to its customers during the year with the remaining $100,000 still in inventory
Faster sold the product for $130,000
Faster made $110,000 in profits for the year.
Leeds's sale price was $200,000
Leed's cost to make the product was $180,000
Faster has sold 50% of the product to its customers during the year with the remaining $100,000 still in inventory
Faster sold the product for $130,000
Faster made $110,000 in profits for the year.