Robert Sound Company just began business and made the following four inventory purchases in June: data June 1 June 10 June 15 June 28 150 units 200 units 200 units 150 units $ 1,040 1,560 1,680 1,320 $5,600 A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand. Using the FIFO inventory method, the recorded value of the ending inventory on June 30 is:.
a. $1,456.
b. $1,508.
c. $1,848
d. $1,824.

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.