Trey Monson starts a merchandising business on December 1 and enters into the following three inventory purchases.

Also, on December 15 Monson sells 28 units for $25 each.

Purchases on December 7 18 units @ $10 cost
Purchases on December 14 35 units @ $15 cost
Purchases on December 21 28 units @ $18 cost

Required:

Monson sells 28 units for $25 each on December 15. Monson uses a perpetual inventory system.
Determine the costs assigned to the December 31 ending inventory when costs are assigned based on LIFO.

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above