This topic contains a solution. Click here to go to the answer

Author Question: A pottery distributor purchased 23 vases 32.15 on September 19, 54 vases 31.90 on September 22, ... (Read 94 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
A pottery distributor purchased 23 vases  32.15 on September 19, 54 vases  31.90 on September 22, and 30 vases  32.68 on September 28. Their ending inventory on September 30 was 45 vases. Using FIFO, what was the value of the ending inventory?

Question 2

MacMillan Ventures, Inc shared 22.5 of its 480,000 profit with its 90 hourly employees. How much did each employee receive in profit sharing?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

1,458.90

Answer to Question 2

1,200




Alygatorr01285

  • Member
  • Posts: 564
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library