Mathematics, 22.05.2021 14:10 raoufhanna

The Eccentric Store had a beginning inventory on August 1 of 50 units of goods at a cost of $30 per unit. During the year, the following purchases, purchase returns, sales and sales returns were made. Aug 05 Sale 30 units at $82 Aug 15 Sale 65 units at $90

Aug 07 Sale return 5 units at $82 Aug 16 Sale return 10 units at $90

Aug 10 Purchase 95 units at $44 Aug 20 Purchase 50 units at $50

Aug 10 Purchase return 10 units at $44 Aug 28 Sale 35 units at $90

The Eccentric Store uses a periodic inventory system.

(a) Determine the cost of goods available for sale.

(b) Determine the (1) cost of ending inventory and (2) cost of goods sold under FIFO

and LIFO method of cost flow.

Answers: 1

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 15:50

3-12. write each answer with a reasonable number of figures. find the absolute uncertainty and percent relative uncertainty for each answer. (a) [12.41 (±0.09) + 4.16 (±0.01)] x 7.068 2 (±0.000 4) =? (b) [3.26 (±0.10) x 8.47 (±0.05)] - 0.18 (±0.06) =? (c) 6.843 (±0.008) x 104 + [2.09 (±0.04)- 1.63 (±0.01)] =?

Answers: 1

Answer

Mathematics, 21.06.2019 17:00

Alonso walked with his friend andy one day, and wanted to compare their speeds. alonso walked 3 miles in one hour, and andy walked 2 miles in 2 hours. complete the table to graph the relationship for each person.

Answers: 3

Answer

Mathematics, 21.06.2019 22:00

Select the correct answer from each drop-down menu. consider the following polynomials equations. 3x^2(x-1) and -3x^3+ 4x^2-2x+1 perform each operation and determine if the result is a polynomial. is the result of a + b a polynomial? yes or no is the result of a - b a polynomial? yes or no is the result of a · b a polynomial? yes or no

Answers: 1

Answer

Mathematics, 21.06.2019 23:10

Which best describes the function on the graph? direct variation; k = −2 direct variation; k = -1/2 inverse variation; k = −2 inverse variation; k = -1/2

Answers: 2

Answer

You know the right answer?

The Eccentric Store had a beginning inventory on August 1 of 50 units of goods at a cost of $30 per...

Questions

Mathematics, 28.01.2020 00:31

Jeff earns $27,800 per year. what is his bi-monthly gross pay?...

Mathematics, 28.01.2020 00:31

Is (-8,1), (-5,1) endpoints of a vertical line, a horizontal line, or neither?...