Business, 26.06.2020 15:01 JOHNDoe3443
The units of an item available for sale during the year were as follows: Jan. 1 Inventory 30 units at $112 Mar. 10 Purchase 70 units at $122 Aug. 30 Purchase 30 units at $128 Dec. 12 Purchase 70 units at $132 There are 60 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar. Cost of Ending Inventory and Cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold First-in, first-out (FIFO) $ 10,520 $ 14,460 Last-in, first-out (LIFO) 4,640 20,340 Weighted average cost 7,494 17,486
Answers: 3
Business, 21.06.2019 19:40
Sean has placed a job ad and is now interviewing potential employees. which of the following questions is he legally allowed to ask during the interview? do you have any disabilities that will require special accommodation? how many children do you have? where did you earn your degree and how has it prepared you for this position? is this your maiden name that you have listed on the job application?
Answers: 2
Business, 22.06.2019 19:40
Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.
Answers: 1
The units of an item available for sale during the year were as follows: Jan. 1 Inventory 30 units a...
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