This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An automobile repair facility recently purchased a 200-foot roll of flexible plastic tubing for ... (Read 93 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
on: Jun 24, 2018
An automobile repair facility recently purchased a 200-foot roll of flexible plastic tubing for 48.25 . Compute the cost in cents per foot. (Round to the nearest cent.)

Question 2

A small-appliance merchant using the LIFO method of valuing inventory has 60 toasters remaining in inventory. The merchant purchased toasters over a three-month period as follows: 30 purchased at 7.80 on April 1, 50 purchased at 7.70 on May 1, and 20 purchased at 7.80 on June 1 . Compute the value of the ending inventory of toasters at LIFO cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 24, 2018
Answer to Question 1

48.25  200 feet = 0.24125, or 24 cents per foot

Answer to Question 2

465


Mr3Hunna

  • Member
  • Posts: 536
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Many plastic intake manifolds are constructed using many parts glued together to form complex ... Many plastic intake manifolds are constructed using many parts glued together to form complex ...
Slide along the bottom of the foot with the fist. Apply from the ball of the foot to the heel. Use ... Slide along the bottom of the foot with the fist. Apply from the ball of the foot to the heel. Use ...
Passive shoulder roll. Place one hand on the anterior and the other on the posterior shoulder. ... Passive shoulder roll. Place one hand on the anterior and the other on the posterior shoulder. ...
Daughter-strand gap repair Daughter-strand gap repair
Plastic Bottles Plastic Bottles
DNA mismatch repair by MutS and MutH in E. coli DNA mismatch repair by MutS and MutH in E. coli
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library