Mathematics, 31.07.2019 21:30, palmtree2759
Inventory information for part 311 of monique aaron corp. discloses the following information for the month of june.
june 1 balance 300 units @ $10 june 10 sold 200 units @ $24
11 purchased 800 units @ $12 15 sold 500 units @ $25
20 purchased 500 units @ $13 27 sold 300 units @ $27
instructions
(a) assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) lifo and (2) fifo.
(b) assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at lifo?
(c) assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at fifo?
(d) why is it stated that lifo usually produces a lower gross profit than fifo?
Answers: 1
Mathematics, 21.06.2019 21:00, memoryofdale
Circle a has a diameter of 7 inches, a circumference of 21.98 inches, and an area of 38.465 square inches. the diameter of circle b is 6 inches, the circumference is 18.84 inches, and the area is 28.26 square inches. part a: using the formula for circumference, solve for the value of pi for each circle. (4 points) part b: use the formula for area and solve for the value of pi for each circle. (4 points)
Answers: 2
Mathematics, 21.06.2019 21:00, hastephens03
Mr. thompson is on a diet. he currently weighs 260 pounds. he loses 4 pounds per month. what part of the story makes the relationship not proportional?
Answers: 3
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