This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A certain cut of beef costs 7.59 per pound, and a similar cut of pork costs 5.19 per pound. What is ... (Read 178 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 24, 2018
A certain cut of beef costs 7.59 per pound, and a similar cut of pork costs 5.19 per pound. What is the total cost of 3.25 pounds of the beef and 3.75 pounds of the pork? (Round to the nearest cent.)

Question 2

A hardware merchant using the LIFO method of valuing inventory has 200 hammers remaining in inventory. The merchant purchased hammers over a three-month period as follows: 120 purchased at 3.50 on April 1, 150 purchased at 3.62 on May 1, and 150 purchased at 3.72 on June 1 . Compute the value of the ending inventory of hammers at LIFO cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

honnalora

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 24, 2018
Answer to Question 1

3.25 pounds  7.59 per pound = 24.67 for the beef
3.75 pounds  5.19 per pound = 19.46 for the pork
24.67 + 19.46 = 44.13 total

Answer to Question 2

709.6


kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 24, 2018
:D TYSM

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp
Women who are monozygotic twins and have the same genes are more similar in their marital happiness Women who are monozygotic twins and have the same genes are more similar in their marital happiness
Beef Flank Steak Beef Flank Steak
Dagny Taggart is a graduating college senior and she is considering the costs of going to ... Dagny Taggart is a graduating college senior and she is considering the costs of going to ...
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ... Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Similar-looking, related species that are native to distant geographic realms Similar-looking, related species that are native to distant geographic realms
Video: Bone processes - resorption and deposition, remodeling and response to stress in adult bones

For a complete list of videos, visit our video library