1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mnenie [13.5K]
3 years ago
15

Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use t

his information to answer the questions that follow. Sep. 1 Inventory 20 units at $20 4 Sold 10 units 10 Purchased 30 units at $25 17 Sold 20 units 30 Purchased 10 units at $30 ​ ​ If Addison uses LIFO, the September 30 inventory balance is
a. $750
b. $650
c. $700
d. $800
Computers and Technology
1 answer:
Citrus2011 [14]3 years ago
4 0

Answer:

a.$750

Explanation:

LIFO inventory system means LAST IN FIRST OUT, so leté see what happens during september:

  • Sep 1 st=> Stock is 20 units at 20$ => 400$
  • Sep 4 th => Inventory decreases in the 10 units sold. Final inventory is (20-10) =10 units at 20$= 10*20= 200$
  • Sep 10th => inventory increases in 30 units at 25$ => final inventory is 30u*25$/u+10u*20$/u=950$
  • Sep 17th =>with the sale of 20 units the inventory decreases, and since we are using a LIFO system, the 20 units sold are the last purchased , so we sold 20 units with a cost of $25. Final inventory: 10units at $20+ 10 units at $25 = 450$
  • Sep 30Th with the purchase of 10 additional units at $30, we have a final inventory of 30 units: 10 units at $20+ 10 units at $25 + 10 units at $30= TOTAL FINAL INVENTORY= $200+$250+$300 => $750
You might be interested in
Who is the father of computer​
Otrada [13]

Answer:

Charles Babbage is the father of computer.

hope this helps.

8 0
3 years ago
Universal Containers are using Salesforce for Order Management and has integrated with an in-house ERP system for order fulfilme
Crazy boy [7]

Answer:

1. The change can be performed in Production, as it is a configuration change.

2. Integration with the ERP system may not function as expected.

Explanation:

3 0
3 years ago
BestMed Medical Supplies Corporation sells medical and surgical products
ioda

Management  of the company should adopt a system for unified communications.

<h3>What is unified communications?</h3>

Unified Communications (UC) is a term that connote a kind of a phone system that uses or “unifies” a lot of communication methods within one or the same business.

Note the one's business can be able to communicates in a lot of ways such as  phone calls, video conferencing and as such, Best Med Medical Supplies Corporation  should be considered adopting a system for unified communications.

They should look into:

  • The level of productivity
  • Total costs
  • Compatibility with their business model
  • Productivity.

Learn more about communications from

brainly.com/question/26152499

#SPJ1

3 0
2 years ago
A(n) ___________________________ is a pl/sql block that executes in place of a dml action on a database view.
Zinaida [17]

A(n)<u> Instead Of trigger </u>is a pl/sql block that manages in place of a dml action on a database view.

<h3>Why instead of triggers are used?</h3>

INSTEAD OF triggers describe how to perform insert, update, and delete functions against complex views. INSTEAD OF triggers permit applications to use a view as the sole interface for all SQL operations.

<h3>What are the after triggers?</h3>

An after trigger runs after the connected insert, update, or delete changes are involved to the table. The WHEN condition can be used in an SQL trigger to specify a state. If the condition evaluates to true, the SQL views in the SQL trigger routine body are run.

To learn more about Instead Of trigger, refer

brainly.com/question/21564232

#SPJ4

6 0
2 years ago
An 8x16 font isstored in _________________ bytes.<br> ? 8<br> ? 16<br> ? 4<br> ? 20
stiv31 [10]

Answer:

The answer to this question is 16 bytes.

Explanation:

8x16 font means it contains 16 rows by 8 columns of 1-bit pixel ( picture element ).

rows=16.

columns=8.

8 bit = 1 byte.

8x1 = 1 byte.

8x16 = 16 bytes.

So 8x16 font size requires 16 bytes of data to store a character.Hence we conclude that the answer is 16 bytes.

8 0
3 years ago
Other questions:
  • Write a program whose input is a character and a string, and whose output indicates the number of times the character appears in
    15·1 answer
  • How many results are shown by default when using a Top or Rare Command?
    13·1 answer
  • Which of the following will affect the size of your monthly mortgage payment? A The size of your down payment B The length of yo
    5·1 answer
  • Return to the Product Mix worksheet. Benicio wants to provide a visual way to compare the scenarios. Use the Scenario Manager as
    6·1 answer
  • Help fast pls will mark brainliest - What model is best to use for large complex accounting software that can be broken down int
    6·1 answer
  • Who would win in a fight iron man or bat man​
    5·2 answers
  • Simple example of hybrid computer​
    7·2 answers
  • Identify what algorithm or concept the following code relates to. void Sort(int array[], int tempArray[], int left, int right) {
    6·1 answer
  • PT8 what does the word " fossil " mean
    11·2 answers
  • What is the difference between business strategies and business models?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!