The following information is provided by Charest Co. for the month of June: DateUnitsUnit Cost June 1Beginning inventory300$17 18Purchase55027 25Purchase48028 Total1,330$72 Charest sold 660 units in June. Calculate the cost of goods sold and the cost of ending inventory for the month of June using the weighted average cost method. a. Cost of goods sold is $7,542, and ending inventory is $27,358. b. Cost of goods sold is $7,070, and ending inventory is $27,916. c. Cost of goods sold is $17,914, and ending inventory is $15,075. d. Cost of goods sold is $16,500, and ending inventory is $16,750.

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.

How are credit unions similar to banks