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Author Question: The total cost of 5 identical items is 26.75 . Compute the cost of one of these ... (Read 46 times)

serike

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on: Jun 24, 2018
The total cost of 5 identical items is 26.75 . Compute the cost of one of these items.

Question 2

A merchant keeping inventory on cost price had a beginning inventory of 30,000 . purchases of 150,000 . and an ending inventory of 40,000 . Compute the cost of goods sold.


olivia_paige29

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Reply #1 on: Jun 24, 2018
Answer to Question 1

5.35 per item

Answer to Question 2

140,000


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