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

Author Question: A pottery distributor purchased 23 vases 32.15 on September 19, 54 vases 31.90 on September 22, ... (Read 77 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
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?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

1,458.90

Answer to Question 2

1,200


Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
Excellent

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

To help locate how far the engine is being rotated, the technician is removing the distributor cap ... To help locate how far the engine is being rotated, the technician is removing the distributor cap ...
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
A Chrysler electronic ignition distributor. This unit is equipped with a vacuum advance mechanism ... A Chrysler electronic ignition distributor. This unit is equipped with a vacuum advance mechanism ...
A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ... A government of Ontario 364-day T-bills with a face value of $50 000 were purchased on January ...
Sk September 12 2023 Sk September 12 2023
September 29 2023 September 29 2023
Video: Prone Position

For a complete list of videos, visit our video library