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 164 times)

ericka1 · **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.