oneicyahdaley10
29.11.2020 •
Business
Nate's work to solve a math problem is shown below. Problem: Leona traveled 25 miles in 2/3 of an hour. What was her average speed in miles per hour? What was Nate's first error? A-He used division instead of multiplication to model the problem in step 1. B-He switched the divisor and the dividend when creating an equation to model the problem in step 1. C-He replaced the wrong term with its reciprocal in step 2. D-He should not have changed division to multiplication in step 2. And Which question is best modeled with a division expression? A-How many 3/8's are in 48? B-What is 3/8 of 48? C-What is the total of 3/8 and 48? D-How much more than 3/8g is 48?
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Ответ:
$113,700
Explanation:
Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.
With regards to the above question, we'll have;
Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700
Ending inventory = [7,200 × $12] + [(3,000 - 900) × $13]
Ending inventory = $86,400 + $27,300
Ending inventory = $113,700
Therefore, the ending inventory using LIFO is $113,700