Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers:. Date Transaction Number of Units Cost per Unit 1/1 100 $ 800 5/5 Purchase 200 $ 900 8/10 Purchase 300 $ 1,000 10/15 Purchase 200 $ 1,100 During the year, Lauer sold 750 laptop computers. (a) What was ending inventory using the FIFO cost flow assumption? (b) What was ending inventory and cost of goods sold using the LIFO cost flow assumption?
Solved
Show answers
More tips
- F Food and Cooking 10 Reasons Why You Should Avoid Giving Re-Gifts: An Informative Guide...
- F Family and Home How to Sew Curtain Tapes: Best Tips from Professionals...
- A Animals and plants How to Grow Lime from a Seed: Simple Tips and Interesting Facts...
- C Computers and Internet How to Create a Folder on Your iPhone?...
- G Goods and services How to sew a ribbon: Tips for beginners...
- F Food and Cooking How to Make Mayonnaise at Home? Secrets of Homemade Mayonnaise...
- C Computers and Internet Which Phone is Best for Internet Surfing?...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business Debbie sells fancy apples at the farmer s market each saturday. a dozen apples sell for $25. debbie pays $1.75 for each apple. what is the markup on each apple...
- B Business Sap allows sharing of inventory and price data with the sales department. a. true b. false...
- B Business Aconvertible debenture is convertible into common at $40 per share. if the market price of the bond rises to a 10 point premium over par, which statements are true?...
- B Business John d. rockefeller gained control over much of the oil industry by setting up a in the standard oil company, taft later busts it...
- B Business Modern republicanism included: question 7 options: a. the expansion of core new deal programs. b. the dismantling of core new deal programs. c. the elimination of...
- B Business Amother puts $10,000 into a special bank account on the date of birth of her first born. the account earns interest at a rate of 4%, and compounds 4 times per year....
- B Business Both and increase as the safety inventory is increased. a.fill rate, cycle service level b.lead time, cycle service level c.fill rate, lead time d.reorder point,...
- B Business Describe at least 4 types of internal controls a business might use to protect funds?...
- B Business The is a pattern of irregular yet repeated flow of expansion and contraction of aggregate economic activity. a. economic revolution b. gross domestic calculation...
- B Business What should an individual do to protect herself from the risk of a natural disaster, such as an earthquake or hurricane? purchase homeowner s insurance read an insurance...
Ответ:
you are my sisters boyfriend
Ответ:
90% of people marry there 7th grade love. since u have read this, u will be told good news tonight. if u don't pass this on nine comments your worst week starts now this isn't fake. apparently if u copy and paste this on ten comments in the next ten minutes you will have the best day of your life tomorrow. you will either get kissed or asked out in the next 53 minutes someone will say i love you
Explanation:
Ответ:
Explanation:
The payback period on this equipment is closest to value of PV factor of 12% for 10 years
Factor of the internal rate of return=
The payback period on this equipment is 5.65 years