Inventory records for dunbar incorporated revealed the following:
date transaction number ofunits unit cost
apr. 1 beginning inventory 500 $2.13
apr. 20 purchase 310 2.63
dunbar sold 620 units of inventory during the month. ending inventory assuming lifo would be (do not round your intermediate calculations. round your answer to the nearest dollar amount):
a. $815.
b. $405.
c. $1,065.
d. $500

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations