Author Question: The Regal Plumbing Shop had 18 bathroom sinks in their ending inventory. The cost of each sink was ... (Read 132 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
The Regal Plumbing Shop had 18 bathroom sinks in their ending inventory. The cost of each sink was 182.55. They valued this ending inventory at 3,238.56. If the lower-of-cost-or-market rule was used, what was the market price per unit of this inventory?

Question 2

An electrical supply store bought copper wire with a list price of 26,200. The wholesaler extended a trade discount which made the net price 15,206. What is the trade discount rate to the nearest whole percent?
 A) 32
  B) 58
  C) 42
  D) 49



zhanghao

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

179.92

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

For a complete list of videos, visit our video library