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 76 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
YES! Correct, THANKS for helping me on my review


kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
Gracias!

 

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?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

For a complete list of videos, visit our video library