This topic contains a solution. Click here to go to the answer

Author Question: A warehouse showed a stock balance of 644 units of HT-125 headphones on January 1. The warehouse ... (Read 219 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
A warehouse showed a stock balance of 644 units of HT-125 headphones on January 1. The warehouse shipped these amounts during the month: 125 units on January 13, 98 units on January 20, and 240 units on January 22. They received a shipment of 450 units on January 15. What was the stock record balance of headphones on January 31?

Question 2

A sporting goods distributor received 24 basketballs  14.25 on Tuesday, 11 basketballs  12.60 on Thursday and 34 basketballs  13.42 on Friday. The ending inventory on Saturday was 39 basketballs. Using the LIFO method, what was the value of the ending inventory?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dajones82

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

631

Answer to Question 2

534.28




bobbysung

  • Member
  • Posts: 519
Reply 2 on: Jun 24, 2018
:D TYSM


brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
Excellent

 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library