Debra King Company was formed on December 1, 2019. The following information is available from King’s inventory records for Product BAP. Units Unit Cost January 1, 2020 (beginning inventory) 1,740 $ 8 Purchases: January 5, 2020 3,480 9 January 25, 2020 3,770 10 February 16, 2020 2,320 11 March 26, 2020 1,740 12 A physical inventory on March 31, 2020, shows 4,640 units on hand. Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. DEBRA KING COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ $ Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method. DEBRA KING COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ $ Calculate average-cost per unit. (Round answer to 2 decimal places, e. g. 2.76.) Weighted average-cost per unit $

Financial information that is capable of making a difference in a decision is

Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2