A company just starting business made the following four inventory purchases in June: Date Number of units purchased Total cost June 1 160 units $ 380 June 10 190 units 600 June 15 190 units 630 June 28 170 units 540 $2150 A physical count of merchandise inventory on June 30 reveals that there are 230 units on hand. The inventory method which results in the highest gross profit for June is

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.