« previous next »

Author Question: Rubber washers are sold for 37.5 cents per dozen, wholesale. Compute the amount that will be charged ... (Read 206 times)

crobinson2013

  • Hero Member
  • *****
  • Posts: 535
on: Jun 24, 2018
Rubber washers are sold for 37.5 cents per dozen, wholesale. Compute the amount that will be charged for 480 dozen washers. (Round to the nearest dollar.)

Question 2

Special Sports Store, which uses the FIFO method of valuing inventory, has 60 tennis rackets remaining in inventory. Special purchased tennis rackets over a three-month period as follows: 36 purchased at 15 on January 3, 48 purchased at 15.50 on February 5, and 24 purchased at 16 on March 7 . Compute the value of the ending inventory of tennis rackets at FIFO cost.


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 24, 2018
Answer to Question 1

480  37.5 cents = 480  0.375 = 180

Answer to Question 2

942


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
Calculation of the Amount of the Local Anesthetic and Vasoconstrictor Calculation of the Amount of the Local Anesthetic and Vasoconstrictor
In a Millikan experiment, a 6.89E-14 kg charged oil droplet is suspended in the electric field ... In a Millikan experiment, a 6.89E-14 kg charged oil droplet is suspended in the electric field ...
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Converting enzyme activity to its amount Converting enzyme activity to its amount
Video: Blood Test Basics

For a complete list of videos, visit our video library