Business

Mcduff

15 August, 12:56

Mccarthy company has inventory of 8 units at a cost of $200 each on october 1. on october 2, it purchased 20 units at $205 each. 11 units are sold on october 4. using the fifo perpetual inventory method, what is the value of inventory after the october 4 sale? $3,485. $3,445. $3,500. $3,472. $3,461.

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Mccarthy company has inventory of 8 units at a cost of $200 each on october 1. on october 2, it purchased 20 units at $205 each. 11 units ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $4 million, and the 2009 balance sheet showed net fixed assets of $6.2 million. The company's 2009 income statement showed a depreciation expense of $785,000.

Erin promises to pay her friend Stephanie$10,000 if Stephanie refrains from eating any foods that contain animal products. Stephanie agrees, performs her part of the bargain, and asks for the money.

include exit interview time, unemployment expenses, and legal fees for challenged dismissals. Select one: a. Replacement charts b. Separation costs c. Productivity costs d. Hiring costs

Regarding relevant nonfinancial information, which of the following statements is incorrect? A. Managers must always consider the potential quantitative and qualitative effects of their decisions. B.

During March, 80,000 units of a standard product were produced. The standard quantity of direct material allowed for one unit was two pounds at a standard price of $5 per pound.

New Questions in Business

Explain what is meant by market research.

Jean, a restaurant critic, publishes a review in a national daily that the sandwiches served at his friend's deli are usually not fresh. Tom, the owner of the deli, notices a significant decrease in customers after the review gets published.

Why did the Soviet Union experience many surpluses and shortfalls? A) The labor force wasn't well educated B) The cold climate made farming hard C) Central planners could not manage every detail D) The country depended on imports to obtain resources.

A hospitality operation has sales revenue of $462,000 with variable cost averaging 44%. Fixed costs are $188,000. The owner wants a net income after tax of $50,400 based on a tax rate of 28%. a.

True or false fdr was eager to use deficit spending to end the economic crisis.