Wisconsin Electronics sells computers to college students.  Included in inventory is Model A with a cost of $50 per unit, Model B with a cost of $75 a unit, and Model C with a cost of $100 a unit.  Wisconsin sells Model A, B, and C for $100, $150, and $250 respectively.  The net realizable value of Model A is $75, Model B is $70 and Model C is $200.  Wisconsin currently has 5 Model A’s, 10 Model B’s and 15 Model C’s on the sales floor and evaluates it’s inventory on a per item basis. What is the dollar value of Wisconsin’s inventory on their Balance Sheet?

Buckeye Corporation hired Wolverine Inventory Counters to help them count ending inventory in the warehouse on December 31, 2021.   Wolverine was distracted when they were performing their count and understated ending inventory by $15,000.  Buckeye hired Badger Inventory Counters on December 31, 2022 and inventory was counted correctly.  What is the impact on retained earnings of Buckeye Corporation for the year ended December 31, 2022?

Madison Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking. 3,000 units of inventory in transit from a supplier shipped FOB shipping point. [answer1] 1,000 units of inventory shipped on consignment from Madison Company to another company. [answer2] 200 units of inventory held on consignment from another company. [answer3] 1,250 units of inventory sold but being held for customer pickup. [answer4]

Buckeye Corporation hired Wolverine Inventory Counters to help them count ending inventory in the warehouse on December 31, 2021.   Wolverine was distracted when they were performing their count and understated ending inventory by $15,000.  Buckeye hired Badger Inventory Counters on December 31, 2022 and inventory was counted correctly.  What is the impact on retained earnings of Buckeye Corporation for the year ended December 31, 2022?

Grainger Incorporated shows the following data related to an item of inventory:             Inventory, January 1                           300 units @ $5.00             Purchase, January 9                           900 units @ $5.40             Purchase, January 19                         210 units @ $6.00             Inventory, January 31                         300 units   What value should be assigned to the ending inventory using FIFO?

Using the information, in question 2, what would Grainger’s Current Ratio be using the LIFO method?  Assume current liabilities are $5,000 and total liabilities are $20,000.  Assume current assets (without inventory) are $3,000 and total assets (without inventory) are $15,000.  Round your answer to two decimal places.  

A nurse recalls that the function of adaptive cellular mechanisms is to:

The patient presents with a high core temperature, absence of sweating, rapid pulse rate, confusion, agitation, and cerebral edema. Which of the following forms of accidental hyperthermia is the patient experiencing?

A patient with cancer sustains an excessive amount of tumor necrosis factor alpha. For which condition should the nurse be particularly alert?

  QUESTION 1   Which row in the table shows the total resistance if two 5 Ω resistors are connected in series and in parallel?