subject
Business, 17.07.2019 17:10 Teenabrewer28

Periodic inventory using fifo, lifo, and weighted average cost methods the units of an item available for sale during the year were as follows: jan. 1 inventory 12 units at $5,400 $64,800 aug. 7 purchase 18 units at $6,000 108,000 dec. 11 purchase 15 units at $6,480 97,200 available for sale 45 units $270,000 there are 14 units of the item in the physical inventory at december 31. the periodic inventory system is used. determine the inventory cost using (a) the first-in, first-out (fifo) method; (b) the last-in, first-out (lifo) method; and (c) the weighted average cost method. a. first-in, first-out (fifo) method $ b. last-in, first-out (lifo) method $ c. weighted average cost method $

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 02:20, gabegabemm1
The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.
Answers: 1
image
Business, 22.06.2019 11:20, jaideeplalli302
You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?
Answers: 1
image
Business, 22.06.2019 14:30, deku6
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
image
Business, 22.06.2019 22:30, wbrandi118
The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?
Answers: 1
You know the right answer?
Periodic inventory using fifo, lifo, and weighted average cost methods the units of an item availabl...

Questions in other subjects:

Konu
Physics, 16.04.2021 15:50
Konu
English, 16.04.2021 15:50
Konu
Mathematics, 16.04.2021 15:50
Konu
Mathematics, 16.04.2021 15:50