What was its cost of goods sold

Reference no: EM13286850

At the end of March, Ricardo's Auto Parts had an inventory of 700 units, which cost $18 per unit to produce. During April the company produced 1,000 units at a cost of $22 per unit. If the firm sold 1,200 units in April, what was its cost of goods sold? a. Assume FIFO inventory accounting b. Assume LIFO inventory accounting

Reference no: EM13286850

Questions Cloud

What would the dividend be in 2012 : In 2011 Baxter International (BAX-$57.02) earned $3.88 per share and paid a dividend of $1.27 per share. The company expects to earn 4.31 per share in 2012. Assuming BAX would like to keep the same payout ratio, what would the dividend be in 2012?

What is the net force acting on the car : On vacation, your 1100 kg car pulls a 540 kg trailer away from a stop light with an acceleration of 2.10 m/s2. What is the net force acting on the car

What rate of return is this investment being offer : Begging on your child's 18th birthday, the plan will provide $20,000 per year for four years. What rate of return is this investment being offer?

What force must the drag chute exert on the car : A drag racer crosses the finish line doing 216 mi/h and promptly deploys her drag chute, What force must the drag chute exert on the 850 kg car to slow it to 45.2 mi/h in a distance of 161 m

What was its cost of goods sold : what was its cost of goods sold? a. Assume FIFO inventory accounting b. Assume LIFO inventory accounting

Determine magnitude-radial frequency-frequency and period : Determine the magnitude, radial frequency, frequency, period, and phase for the following waveforms: (a) i1(t)=10cos(40t+170)A (b) v2(t)=34sin(380t+40)V

How far did you travel while braking : Driving home from school one day you spot a ball rolling out into the street. You brake for 1.10 s, How far did you travel while braking

Evaluate the magnitude of the charge : You measure an electric field of 1.26×106 N/C at a distance of 0.149 m. from a point charge. find the magnitude of the charge

User Account

All Pages