Home stop sells two product categories, furniture and accessories. information pertaining to its 2021 year-end inventory is as follows: inventory, by product category quantity per unitcost marketfurniture: chairs 50 $ 31 $ 37 desks 20 79 64 tables 50 90 98 accessories: rugs 20 66 54 lamps 70 28 24 required: 1. determine the carrying value of inventory at year-end, assuming the lower of cost or market (lcm) rule is applied to (a) individual products, (b) product categories, and (c) total inventory.2. assuming inventory write-downs are common for home stop, record any necessary year-end adjustment amount for each of the lcm applications in requirement 1.

Njuly, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the cost of goods sold for july? a. $71,300 b. $71,100 c. $69,600 d. $77,220

Luc do purchased stocks for $6,000. he paid $4,000 in cash and borrowed $2,000 from the brokerage firm. he bought 100 shares at $60.00 per share ($6,000 total). the loan has an annual interest rate of 8 percent. six months later, luc do sold the stock for $65 per share. he paid a commission of $120 and repaid the loan. his net profit was how much? pls

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?