Using the gross profit method find the estimated cost of goods sold for the following data and sells value of $600 to estimate inventory is gross profit on cell is 30% January 1 inventory 320 serving trays purchased at $1.50 per unit cost April 1 inventory 300 serving trays purchased at $1.10 unit cost July 1 inventory 100 serving trays purchased at two dollars per unit cost A. &1,010.00
B. $420.00
C.$200.00
D. $330.00

step-by-step explanation:

let

we know that

the y-intercept is the y-coordinate of the point when the value of x is equal to zero

so

the y-coordinate of the point a is the y-intercept

the answer part a) is

the value of y-intercept is

part b) find the slope m

we know that

the value of the slope is equal to

substitute the values

therefore

the answer part b) is

the value of the slope is equal to

the general answer is

the slope is

the value of y-intercept is

the answer is 150.6

step-by-step explanation:

you multiply .02 by 30 and get .6.

and then you multiply 5.00 by 30 and get 150.

hope this !

use distributive property on all like terms and change your signs if you have a double negative or if you have positive/negative