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Author Question: A pottery distributor purchased 23 vases 32.15 on September 19, 54 vases 31.90 on September 22, ... (Read 85 times)

Alygatorr01285

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on: Jun 24, 2018
A pottery distributor purchased 23 vases  32.15 on September 19, 54 vases  31.90 on September 22, and 30 vases  32.68 on September 28. Their ending inventory on September 30 was 45 vases. Using FIFO, what was the value of the ending inventory?

Question 2

MacMillan Ventures, Inc shared 22.5 of its 480,000 profit with its 90 hourly employees. How much did each employee receive in profit sharing?


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Zack0mack0101@yahoo.com

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

1,458.90

Answer to Question 2

1,200


Alygatorr01285

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

komodo7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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