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Mrrafil [7]
3 years ago
12

Inventory records for Dunbar Incorporated revealed the following:Date Transaction Number of units Unit CostApr. 1 Beginning inve

ntory 450 $2.19 Apr. 20 Purchase 410 2.69 Dunbar sold 590 units of inventory during the month. Ending inventory assuming LIFO would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount):a. $726.b. $591.c. $1,103.d. $986.
Business
1 answer:
finlep [7]3 years ago
7 0

Answer:

Explanation:

1. Calculate ending inventory        Rate per unit       Total cost

                         number of units        ($)                          ($)

Beg bal (April1)  450                         2.19                       985.50

Add:purchases  

April 20             410                            2.69                      1102.90

-----------------------------------------------------------------------------

Total goods

av for sale         860                                                          2088.40

Less: Sales:

During April       590

--------------------------------

Ending inventory 270

2. Cost of ending inventory = 270*2.19=$591.3

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Vlad [161]

Answer:

Needs - $284.79, Wants - $170.87, Savings - $113.92

Explanation:

Just divide $569.58 in half, so $284.79 for needs.

Then, $569.58 * 0.30 = $170.87 for wants.

Lastly, $569.58 * 0.20 = $113.92 for savings.

To check your answer, add up all the amounts:

$284.79 + $170.87 + $113.92 = $569.58

3 0
3 years ago
Dividends at FSL are expected grow at a rate of negative 5.4% per year (the dividends are getting smaller). The stock just paid
Crank

Answer:

$21.37

Explanation:

g = -5.4%

D0 = $3.93

D1 = D0 (1+g)

D1 = 3.93*(1-0.054)

D1 = 3.93*0.946

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P0 = D1/(ke - g)

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P0 = 21.3665517

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5 0
3 years ago
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6 0
3 years ago
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The correct option is B. Libraries and the registrar/bursar are examples of resources that may be accessible online.

You will converse with peers on the subjects covered in a session on the discussion board.

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brainly.com/question/13378068

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7 0
1 year ago
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