a company starts out with 800 units if a particular item in inventory.Assume that their cost is $10 ach. Over the next three mon
ths it buys 100 more units at $11 each,and then 50 more units at $12 each. It sold 200 units during that three months, and it uses the Last In First Out method, you would assume that all of the remaining units should e valued at ----each. a. $10 b. $11. c. $12. d. none of the above answers is correct because you must average the various purchase prices to find the amount to apply to the ending inventory
1 answer:
You might be interested in
Hello!
**Process pictured below**
When dividing, find how many times the first time in the divisor (2x + 3) fits into the first time of the dividend (2x³ + 5x² - 3x - 5). In this step, it fits x² times.
Multiply x² by the terms in the divisor and subtract from the dividend. Bring down the next term in the dividend to continue the process.
Repeat this step until you reach the last number. In this case, there was a remainder of 4. In order to write the remainder, you must express it over the divisor which makes it 4 / 2x + 3.
