Marin Inc. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below.

Date

Number of Units

Unit Price

May 7 60 $17

July 28 34 22

On June 1, Marin Inc. sold 30 units, and on August 27, 34 more units.

Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e. g. 5.125.)

June 1 sale: $

Aug. 27 sale: $

Compute the cost of goods sold using FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e. g. 125.)

FIFO

LIFO

AVERAGE-COST

Cost of goods sold

$

$

$,

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

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

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is