ACCT 101A

Fullerton College

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ACCOUNTING 101B - Group Project Summer 2020 (1).|VERIFIED SOLUTION

ACCOUNTING 101B - Group Project Summer 2020 (1).|VERIFIED SOLUTION
Exam (elaborations) • 4 pages • 2023

ACCOUNTING 101B - Group Project Summer 2020 (1).To be completed in groups of 3-4 students (depending on class size) TBA, Inc., manufactures and sells concrete block for residential and commercial building. TBA expects the following unit sales, unit selling price and desired ending inventory in 2020: Quarter Sales (Units) Selling Price (per unit) Ending Inventory (units) 1 2,000,000 $.70 500,000 2 6,000.000 $.70 500,000 3 6,000,000 $.80 100,000 4 2,000,000 $.80 100,000 Inventory on ...