Artisan inspiration, inc. is a merchandiser of stone ornaments. the company sold 6,000 units during the year. the company has provided the following information sales revenue purchases (excluding freight in) selling and administrative expenses freight in beginning merchandise inventory $565,000 305,000 67,000 14,000 43,000 42,000 ending merchandise inventory what is the operating income for the year? (round your answer to the nearest whiole do ar) oa. s178.000 ○ b. s245000 o c. $320,000 o d. $498,000

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

As a result of a labeling mistake at the chemical factory, a farmer accidentally sprays weedkiller rather than fertilizer on half her land. as a result, she loses half of her productive farmland. if the property of diminishing returns applies to all factors of production, she should expect to seea. a decrease in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. b. an increase in the marginal productivity of her remaining land and an increase in the marginal productivity of her labor. c. an increase in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor. d. a decrease in the marginal productivity of her remaining land and a decrease in the marginal productivity of her labor.

Asap! the following information is given for tripp company which uses the indirect method.