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Author Question: SFM electronics sell laptops for 456 per piece and desktops for 530 per piece. What is the total ... (Read 143 times)

Pea0909berry

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on: Jun 24, 2018
SFM electronics sell laptops for 456 per piece and desktops for 530 per piece. What is the total cost of 10 laptops and 12 desktops? (Round to the nearest cent.)

Question 2

Toddlers' Toyland, which uses the FIFO method of valuing inventory, has 75 brown bears remaining in inventory. Toddlers' purchased brown bears over a three-month period as follows: 72 purchased at 3.50 on October 7, 84 purchased at 3.65 on November 7, and 60 purchased at 3.80 on December 7 . Compute the value of the ending inventory of bears at FIFO cost.


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Danny Ewald

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

10 pieces  456 per piece = 4,560.00 for the laptops
12 pieces  530 per piece = 6360.00 for the desktops
4,560.00 + 6360.00 = 10,920.00 total

Answer to Question 2

282.75


Pea0909berry

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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