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 184 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
Thanks for the timely response, appreciate it


Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library