Large aluminum tubing costs 1.27 per foot. At that price, what ...

[Mr. Wonderful]

Large aluminum tubing costs 1.27 per foot. At that price, what will be the total cost of 1,500 feet of the tubing? (Round to the nearest dollar.)

Question 2

Eco Tech Auto Parts Store, which uses the FIFO method of valuing inventory, has 56 spark plugs remaining in inventory. Eco Tech purchased spark plugs over a three-month period as follows: 32 purchased at 3.87 on January 5, 56 purchased at 4.13 on February 15, and 20 purchased at 2.34 on March 12 . Compute the value of the ending inventory of spark plugs at FIFO cost.

[sarah_brady415]

Answer to Question 1

1,500  1.27 = 1,905

Answer to Question 2

195.48

[Mr. Wonderful]

TYSM

[aruss1303]

Excellent