Blue spruce corp. just began business and made the following four inventory purchases in june: june 1 174 units $1210 june 10 232 units 1810 june 15 232 units 1950 june 28 174 units 1530 $6500 a physical count of merchandise inventory on june 30 reveals that there are 240 units on hand. using the lifo inventory method, the value of the ending inventory on june 30 is:

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be: