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

Author Question: At the beginning of May a restaurant has 5 boxes of 18" film valued at $21.00 per box. During the ... (Read 109 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
At the beginning of May a restaurant has 5 boxes of 18" film valued at $21.00 per box. During the month it receives the following amounts at the listed prices

May 5                          4 boxes            $20/box
May 12                        5 boxes            $22/box
May 19                        4 boxes            $21/box
May 26                        5 boxes            $20/box

At the end of the month, there are 6 boxes left in inventory. Using the FIFO method for valuing inventory, what is the value of the inventory?
◦ $120
◦ $121
◦ $122
◦ $130


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stevenposner on Aug 20, 2020

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Aug 20, 2020
:D TYSM


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

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.

Did you know?

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

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

For a complete list of videos, visit our video library