Partridge bookstore had 500 units on hand at january 1, costing $9 each. purchases and sales during the month of january were as follows:

date purchases sales
jan. 14 375 @ $14
17 250 @ $10
25 250 @ $11
29 260 @ $16

partridge does not maintain perpetual inventory records. according to a physical count, 365 units were on hand at january 31.

the cost of the inventory at january 31, under the lifo method is:

partridge bookstore had 500 units on hand at janua

$3,900.
$3,650.
$4,015.
$3,285.

In order to minimize project risk which step comes after the step of identifying risks

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?