A company had inventory on november 1 of 5 units at a cost

Assignment Help Accounting Basics

Reference no: EM13604880

A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6 they purchased 6 units at $25 each. On November 8, 8 units were sold for $55 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale?

Reference no: EM13604880

Questions Cloud

If the charge q is produced by adding electrons to the mass : a 11.9-g mass is suspended 1.47 cm above a nonconducting flat plate directly above an embedded charge of q.a if the

A rehabilitation center researcher was interested in : a rehabilitation center researcher was interested in examining the relationship between physical fitness prior to

If the unit selling price is 20 the volume of sales is : if the unit selling price is 20 the volume of sales is 2000000 sales at the break-even point amount to 1500000 and the

How does this compare to the tabulated value of 5164 ft3lbm : assuming that steam can be treated as an ideal gas what would the specific volume of steam be at 600deg f and 120 psia

A company had inventory on november 1 of 5 units at a cost : a company had inventory on november 1 of 5 units at a cost of 20 each. on november 2 they purchased 10 units at 22

In a study to investigate the effect of the color paper : in a study to investigate the effect of the color paper blue green orange on response rates for questionnaires

What were the initial charges on the spheres since one is : two identical conducting spheres fixed in place attract each other with an electrostatic force of -0.6020 n when

What is the volume change when 2 kg of h2o at 68 mpa and 93 : what is the enthalpy change needed to change 3 kg of liquid water at 0 c to steam at 0.1 mpa and 150 c? b. what is the

Pedro morales and associates a cpa firm uses job order : pedro morales and associates a c.p.a. firm uses job order costing to capture the costs of its audit jobs. there were no

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages