A warehouse store sells a package of 125 steel washers for 2.75 . What is the price per washer when they are purchased in this package? (Find the price to the nearest tenth of a cent.)
Question 2
Hammond Stationery uses the LIFO method of valuing inventory and has 350 pen sets remaining in inventory. Hammond purchased the pen sets over a six month period as follows: May 1: 175 at 20.50; May 15: 125 at 22.00 . July 7: 75 at 24.00 . and October 1: 150 at 23.50 . Compute the value of the ending inventory.
A seashell vendor in Tanzania sells to tourists seashells which have been taken from the sea alive,
washer
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