Warnerwoods company uses a periodic inventory system. it entered into the following purchases and sales transactions for march. date activities units acquired at cost units sold at retail mar. 1 beginning inventory 100 units @ $50.00 per unit mar. 5 purchase 400 units @ $55.00 per unit mar. 9 sales 420 units @ $85.00 per unit mar. 18 purchase 120 units @ $60.00 per unit mar. 25 purchase 200 units @ $62.00 per unit mar. 29 sales 160 units @ $95.00 per unit totals 820 units 580 units for specific identification, the march 9 sale consisted of 80 units from beginning inventory and 340 units from the march 5 purchase; the march 29 sale consisted of 40 units from the march 18 purchase and 120 units from the march 25 purchase. 3. compute the cost assigned to ending inventory using (a) fifo, (b) lifo, (c) weighted average, and (d) specific identification.

Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4