Periodic inventory using fifo, lifo, and weighted average cost methods the units of an item available for sale during the year were as follows: jan. 1 inventory 12 units at $46 $552 aug. 7 purchase 18 units at $49 882 dec. 11 purchase 14 units at $51 714 44 units $2,148 there are 17 units of the item in the physical inventory at december 31. the periodic inventory system is used. determine the inventory cost using (a) the first-in, first-out (fifo) method; (b) the last-in, first-out (lifo) method; and (c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar). a. first-in, first-out (fifo) $ b. last-in, first-out (lifo) $ c. weighted average cost
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Business, 22.06.2019 09:00
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
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Business, 22.06.2019 09:30
An object that is clicked on and takes the presentation to a new targeted file is done through a
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Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
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Business, 22.06.2019 23:00
The sign at the bank reads, "wait here for the first available teller," suggests the use of a waiting line system.a. multiple server, single phaseb. random server, single phasec. single server, multiphased. multiple server, multiphasee. dynamic server, single phase
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Periodic inventory using fifo, lifo, and weighted average cost methods the units of an item availabl...
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