subject
Business, 05.03.2020 14:47 carlinryan

During 2021, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2021:

Date Transaction Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 15 $50 750
Sep. 8 Purchase 10 96 960
25 $1,710

Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage.answers: valuablerareinimitableun-substitutable
Answers: 1
question
Business, 22.06.2019 19:50
Ichelle is attending college and has a part-time job. once she finishes college, michelle would like to relocate to a metropolitan area. she wants to build her savings so that she will have a "nest egg" to start her off. michelle works out her budget and decides she can afford to set aside $9090 per month for savings. her bank will pay her 4 %4% per year, compounded monthly, on her savings account. what will be michelle's balance in five years?
Answers: 3
question
Business, 23.06.2019 06:50
How is a federal loan different from a private loan for an education? a federal loan is available for any student who meets the government's lending standards. a private loan is only available for students who show a need. a federal loan is only available for students who show a need. a private loan is available for any student who meets the bank's lending standards. a federal loan can only be used to pay for a student's tuition. a private loan can be used to pay for a student's tuition and any other expenses. a federal loan can be used to pay for a student's tuition and any other expenses. a private loan can only be used to pay for a student's tuition.
Answers: 1
question
Business, 23.06.2019 06:50
Free rein leaders can be described as: a. dictatorial b. authoritarian c. democratic d. permissive
Answers: 1
You know the right answer?
During 2021, a company sells 20 units of inventory. The company has the following inventory purchase...
Questions
question
Physics, 09.10.2019 19:30
question
Mathematics, 09.10.2019 19:30
question
Mathematics, 09.10.2019 19:30
Questions on the website: 13722363