Answer:
$6745
Explanation:
Given: Beginning inventory is 77 units at the cost of $19 per unit.
Purchased inventory is 476 units at $19 per unit.
Sales during the month is 355 units at $45 per unit.
Now, let´s find the cost of goods sold using LIFO method.
We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.
As sales unit is 355 units.
Let´s take units from recent purchased inventory.
Cost of good sold= 
Hence, the cost of goods sold using the LIFO method is $6745.
Answer:
b. his marginal benefit of the additional serving is at least $3.
Explanation:
In economic thinking, a firm or an individual will make profits as long as marginal revenue exceeds marginal costs. Losses occur when marginal cost is more than the marginal revenue.
For Jim to breakeven at the restaurant, he has to consume meals worth at least $12. If Jim is consuming servings that are of equal value, four servings of $3, each will add up to $12. For Jim to consider a fourth serving, then it must be worth at least $ 3. Should be meal exceed $ 3 and assuming the first three meals were of equal value, Jim will have benefited from the offer.
Answer: NATURAL
Explanation: Pollution is the release of harmful substances or materials into the environment,this can occur through households or industrial Activities. Pollution can also be defined by the presence of materials in very high amount capable of causing hazards. Pollution directly affects the Natural environment and distorts, it creates threats and reflect changes in which macroenvironment.
Answer:
10 days
Explanation: hope this helps I thank this is it
Answer:
See explanation section.
Explanation:
The correct journal to record this transaction is -
Cash Debit $40,000
Common stock Credit $40,000
Note: As Callie Taylor invests the amount in exchange for common stock, An asset (cash) will be increased, and equity (common stock) will be increased. An increase in asset means debit, while an increase in equity means credit.
