Philadelphia swim club is planning for the coming year. investors would like to earn a 10% return on the company's $37,000,000 of assets. the company primarily incurs fixed costs to maintain the swimming pool. fixed costs are projected to be $12,600,000 for the year. about 540,000 members are expected to swim each year. variable costs are about $13 per swimmer. the philadelphia swim club has a favorable reputation in the area and therefore, has some control over the membership price. using a costminusplus approach, what price should philadelphia swim club charge for a membership?

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.