Davidson Electronics has the following: Units Unit Cost Inventory, Jan. 1 5,000 $ 8 Purchase, April 2 15,000 10 Purchase, Aug. 28 20,000 12 If Davidson has 7,000 units on hand at December 31, how much is ending inventory under FIFO in a periodic inventory system?

$84,000

Explanation:

The computation of the ending inventory using the FIFO method under the periodic inventory system is shown below:

Since 7,000 units are on hand which represents the 7,000 units are taken from the August 28 date for $12 each i.e

= 7,000 units × $12

= $84,000

By dividing the 7,000 units at $12 each we can get the ending inventory

the page presents four different kinds of threats that volcanoes pose and what to do before, during, and after an eruption.

answer: 11/12

step-by-step explanation: 4 1/4 and 3 1/3 is equivalent to 4 3/12 and 3 4/12. 4 3/12 - 3 4/12 =11/12