Cost flow methods the following three identical units of item px2t are purchased during april: item beta units cost april 2 purchase 1 $293 april 15 purchase 1 296 april 20 purchase 1 299 total 3 $888 average cost per unit $296 ($888 ÷ 3 units) assume that one unit is sold on april 27 for $361. determine the gross profit for april and ending inventory on april 30 using the (a) first-in, first-out (fifo); (b) last-in, first-out (lifo); and (c) weighted average cost method. gross profit ending inventory a. first-in, first-out (fifo) $ $ b. last-in, first-out (lifo) $ $ c. weighted average cost

Accublade castings inc. casts blades for turbine engines. within the casting department, alloy is first melted in a crucible, then poured into molds to produce the castings. on may 1, there were 230 pounds of alloy in process, which were 60% complete as to conversion. the work in process balance for these 230 pounds was $32,844, determined as follows: exercises during may, the casting department was charged $350,000 for 2,500 pounds of alloy and $19,840 for direct labor. factory overhead is applied to the department at a rate of 150% of direct labor. the department transferred out 2,530 pounds of finished castings to the machining department. the may 31 inventory in process was 44% complete as to conversion. prepare the following may journal entries for the casting department: the materials charged to production the conversion costs charged to production the completed production transferred to the machining department determine the work in process"casting department may 31 balance.

The farmer's market just paid an annual dividend of $5 on its stock. the growth rate in dividends is expected to be a constant 5 percent per year indefinitely. investors require a 13 percent return on the stock for the first 3 years, a 9 percent return for the next 3 years, a 7 percent return thereafter. what is the current price per share? select one: a. $212.40 b. $220.54 c. $223.09 d. $226.84 e. $227.50 previous pagenext page

Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to receive $2,100 at the beginning of each of the next seven years? use the equation method to determine the amount.