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

Author Question: An automobile repair facility recently purchased a 200-foot roll of flexible plastic tubing for ... (Read 49 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
on: Jun 24, 2018
An automobile repair facility recently purchased a 200-foot roll of flexible plastic tubing for 48.25 . Compute the cost in cents per foot. (Round to the nearest cent.)

Question 2

A small-appliance merchant using the LIFO method of valuing inventory has 60 toasters remaining in inventory. The merchant purchased toasters over a three-month period as follows: 30 purchased at 7.80 on April 1, 50 purchased at 7.70 on May 1, and 20 purchased at 7.80 on June 1 . Compute the value of the ending inventory of toasters 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

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

48.25  200 feet = 0.24125, or 24 cents per foot

Answer to Question 2

465


Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Toe Abnormalities: Syndactyly in the 2nd and 3rd Metatarsals of the Right Foot Toe Abnormalities: Syndactyly in the 2nd and 3rd Metatarsals of the Right Foot
To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap To make an ice pack, place crushed ice in a plastic bag, bleed the air out of it, and seal it. Wrap
Squeeze the foot lightly from heel to toes. Fingers of hands on top with thumbs around the sides and ... Squeeze the foot lightly from heel to toes. Fingers of hands on top with thumbs around the sides and ...
Plastic Bottles Plastic Bottles
Fracture and Repair of Bone - Comminuted Fracture and Repair of Bone - Comminuted
Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ... Nine $10 000, 4% bonds with interest payable semi-annually and redeemable at par are purchased ...
Video: Inflammation and Fever

For a complete list of videos, visit our video library