Splish Brothers Inc. reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 256 $6 $ 1,536 12 Purchase 512 7 3,584 23 Purchase 384 12 4,608 30 Inventory 128 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $enter a dollar amount $enter a dollar amount Cost of goods sold $enter a dollar amount $enter a dollar amount eTextbook and Media Which costing method gives the higher ending inventory

Draw a flowchart for a process of interest to you, such as a quick oil-change service, a factory process you might have worked in, ordering a pizza, renting a car or truck, buying products on the internet, or applying for an automobile loan. identify the points where something (people, information) waits for service or is held in work-in-process inventory, the estimated time to accomplish each activity in the process, and the total flow time. evaluate how well the process worked and what might be done to improve it.