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fomenos
3 years ago
8

​Thelen's inventory records show the following data at January​ 31: Beginning inventory Jan. 1 80 units at $ 5 per unit Jan. 10

purchase 320 units at $ 11 per unit Jan. 22 purchase 90 units at $ 12 per unit At January​ 31, 230 units are still on hand. What is the cost of the ending inventory at January 31 if Thelen uses the LIFO​ method?
Business
1 answer:
valina [46]3 years ago
6 0

Answer:

Inventory= $2,620

Explanation:

Giving the following information:

Beginning inventory:  Jan. 1 80 units at $ 5 per unit

Jan. 10 purchase 320 units at $ 11 per unit

Jan. 22 purchase 90 units at $ 12 per unit

At January​ 31, 230 units are still on hand

LIFO (last-in, first-out)

Inventory= 90*12 + 140*11= $2,620

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Answer:

Explanation:

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Since B is the predecessor of C.

Project completion time for each run will be calculated as Maximum (Duration of A, Duration of B +Duration of C).

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<u>R       DA          DB                        DC               PT</u>

1       51            48                        17             48 + 17 = 65

2      60          48                        19             48 + 19 = 67  

4      31           48                       22              48 + 22 = 70

5      30         31                         14              31 + 14 = 45

6      41           16                       17                 41

7     44            12                       6                 44

8     44            12                      10                44

9     45           43                     9              43 + 9 = 52

10     60          41                     10                60

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Average project Completion time = 546/10 = 54.6

Therefore, average Project completion time is between 53 and 56 days.

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