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Author Question: A company purchased a desk for 399, a chair for 139, a lamp for 89, and a table for 79 . The store ... (Read 163 times)

ericka1

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on: Jun 24, 2018
A company purchased a desk for 399, a chair for 139, a lamp for 89, and a table for 79 . The store offered a discount of 100 for purchases totaling 400 or more. Compute the amount the company paid for the furniture.

Question 2

Happy Heart Exercise Equipment Company had a beginning inventory of 160,00 . at cost. During the month, Happy purchased and received 120,00 . in goods and had net sales of 130,000 . Throughout the month, Happy Heart Exercise Equipment Company maintained a 35 markup on all sales. Compute the ending inventory at cost.


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EAN94

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

606

Answer to Question 2

195,500


ericka1

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

chereeb

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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