Answer:
The laspeyres method of weighted aggregate price index is used of LIFO inventory valuation, therefore laspeyres index number is 106.08
Step-by-step explanation:
First of all we would have to perform the following table:
Product Ending Inventory(Q0) Begining(P0) Ending(P1) P0×Q0 P1×Q0
A 500 0.15 0.21 75 105
B 50 1.60 1.80 80 90
C 100 4.50 4.20 450 420
D 40 12.00 13.40 480 536
Total 1085 1151
Therefore, using laspeyres index number, we calculate the following:
laspeyres index number=(∑P1×Q0/∑P0×Q0)×100
laspeyres index number=(1151/1085)×100
laspeyres index number=106.08
40(105/100)=42
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I’m pretty sure I know the answers but could you tell me the options for the drop boxes:)
2 minutes per lap. I think
Answer:
y = 3x + 15
Step-by-step explanation:
1. Find the reciprocal of the slope and change signs: -3
2. y = 3x + b
3. Plug in x and y --> b = 15
4. Make your equation using y = mx + b: y = 3x + 15
