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Author Question: Julian's City Hardware store sells single strand 12-gauge copper electrical wire at 18 cents per ... (Read 143 times)

vicky

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on: Jun 24, 2018
Julian's City Hardware store sells single strand 12-gauge copper electrical wire at 18 cents per foot. The same wire also comes in a 250-foot roll for 37.49 a roll. At the 18 cents per foot price, how many feet would the customer be able to purchase for 37.49? (Round to the nearest tenth.)

Question 2

Special Sports Store, which uses the LIFO method of valuing inventory, has 52 tennis rackets remaining in inventory. Special purchased tennis rackets over a three-month period as follows: 36 purchased at 15 on January 3, 48 purchased at 15.50 on February 5, and 24 purchased at 16 on March 7 . Compute the value of the ending inventory of tennis rackets at LIFO cost.


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katieost

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

37.49  0.18 per foot = 208.3 feet

Answer to Question 2

788


vicky

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Reply 2 on: Jun 24, 2018
Excellent

ecabral0

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

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