Beginning inventory, purchases, and sales for item widget are as follows: mar. 1 inventory 200 units at $8 9 sale 175 units 13 purchase 160 units at $9 25 sale 150 units assuming a perpetual inventory system and using the first-in, first-out (fifo) method, determine (a) the cost of merchandise sold on march 25 and (b) the inventory on march 31. a. cost of merchandise sold on march 25 $ 1,325 b. inventory on march 31

Instructions are listed below

Explanation:

Giving the following information:

Mar. 1 Inventory 200 units at $8

Mar. 9 Sale 175 units

Mar. 13 Purchase 160 units at $9

Mar. 25 Sale 150 units

Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method

Cost of goods sold= 25 units*$8 + 125units*9= $1325

Ending inventory= 35units* 9= $315

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

these are the four factors that influence enterpreneurship development

1. economic development

2. culture

3.technological development

4. education