![keasiabradley](/avatars/40694.jpg)
keasiabradley
28.06.2020 •
Business
A company had the following purchases and sales during its first year of operations:Purchases SalesJanuary: 10 units at $120 6 unitsFebruary: 20 units at $125 5 unitsMay: 15 units at $130 9 unitsSeptember: 12 units at $135 8 unitsNovember: 10 units at $140 13 unitsOn December 31, there were 26 units remaining in ending inventory. Using the perpetual FIFO inventory costing method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)
Solved
Show answers
More tips
- S Style and Beauty Discover the Art of Nail Design: How Do You Paint Your Nails?...
- P Philosophy How to Develop Extrasensory Abilities?...
- O Other Everything You Need to Know About Kudyabliks...
- C Computers and Internet The Twitter Phenomenon: What it is and How to Use it...
- C Computers and Internet How to Choose a Laptop: Expert Guide and Tips...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: Business
- B Business Employers ultimately are responsible for operating the union and bargaining with the management. true or false...
- H History Help Thank you so much!!...
- B Biology Which of the following is a chain smoker likely to develop? select one of the options below as your a. hepatitis b. lung cancer c. blood cancerb. lung cancer is a desease a chain...
- C Computers and Technology Write a function called difference to calculate the central difference, forward difference, and backward diference approximation to an function within a given range of xmin: xinc:...
Ответ:
Explanation:
FIFO inventory costing method uses the assumption that the first set of inventory is the first to be sold.
Purchase
Month Unit rate Cost
January 10 120 1200
February 20 125 2500
May 15 130 1950
September 12 135 1620
November 10 140 1400
Total 67
Sales (FIFO)
January 6 120 720
February 4 120 480
1 125 125
May 9 125 1125
September 8 125 1000
November 2 125 250
11 130 1430
Closing Inventory
May 4 130 520
September 12 135 1620
November 10 140 1400
3540
Ответ:
The correct answer is letter "A": Introduction.
Explanation:
The introduction of a cover letter provides the reader with the identification and contact information of the sender. It also includes the date in which the document is being sent and before proceeding with the body, the name and address of the company to whom the letter is sent must be stated as well. The introduction in some cases is broken into two parts: the heading -where the contact details of the sender are shown, and the introduction itself where the date and company details are written.