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
spin [16.1K]
3 years ago
8

uestion 31 Oriole Company has the following inventory data: July 1 Beginning inventory 114 units at $19 $2166 7 Purchases 399 un

its at $20 7980 22 Purchases 57 units at $22 1254 $11400 A physical count of merchandise inventory on July 30 reveals that there are 190 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $3686. $3914. $7486. $7714.
Business
1 answer:
lina2011 [118]3 years ago
7 0

Answer:

$7,714

Explanation:

The computation of the cost of good sold under LIFO method is shown below

But before that following calculations need to be done

Goods sold = Beginning inventory + Purchases - Ending inventory

= 114 + (399 + 57) - 190

= 380 units

Now 380 units sold would include 57 units of July 22 purchases and balance i.e. (380-57)  323 units of July 7 purchases

So, cost of goods sold

= (57 × 22) + (323 ×20)

= $7,714

You might be interested in
If you attended a performance in which the only scenery was a single, gnarled pine, you would have good reason to guess that you
yaroslaw [1]

Noh a performance in which the only scenery was a single, Gnarled pine.

Noh drama is the oldest surviving form of jap theater. It combines tune, and dance, and appears to talk about Buddhist issues. Frequently the plot of a Noh play recreates well-well famous scenes from well-known works of Japanese literature together with The tale of Genji or The tale of the Heike.

Noh drama is a prime form of classical Japanese dance-drama that has been accomplished in the reason that 14th century. Developed with the aid of Kan'ami and his son Zeami, it is the oldest predominant theatre artwork that is nonetheless regularly finished nowadays.

"Noh is a completely traditional performance, however, kabuki is something it's for everyday humans." There also are considerable visible variations between the two art forms. In noh, performers wear a mask, however, in kabuki, they use face paint.

Learn more about kabuki here brainly.com/question/11751881

#SPJ4

3 0
1 year ago
It is generally agreed internationally that the one thing that can most readily undermine equity, efficiency and integrity in th
KiRa [710]

Answer:

Bribery

Explanation:

Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.

It  has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .

3 0
3 years ago
Your job is on the cash register at the check-out counter. an impatient customer jumps ahead of several customers already waitin
a_sh-v [17]
The best thing to do in this situation is to ask the customer who is impatient to wait in line, it is best to inform the customer in a calm and professional manner to prevent conflict or misunderstandings to arise. It is also best to explain why the customer should wait in line for all other customers are waiting patiently to get their turn. It is only appropriate to follow the rules in order to prevent misunderstandings from happening.
5 0
3 years ago
Knox operates an electronics store as sole proprietor. On April 5, Knox was involuntarily petitioned into bankruptcy under the l
Xelga [282]

Answer:

$800

Explanation:

Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:

  • trustee will receive $15,000
  • lawyers will receive $10,000
  • Dart will receive $20,000
  • <u>Noll will receive $5,000    </u>
  • total $50,000

After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.

6 0
3 years ago
Shay is preparing to go into her meeting with her supervisor, Jill, to discuss her annual evaluation. She knows that there have
Rzqust [24]

Shay is preparing to go into her meeting with her supervisor, Jill, to discuss her annual evaluation. She knows that there have been a few times this year where she could have performed better and she does not want to get angry in the meeting. Last night and on the ride in this morning, she rehearsed what she anticipated Jill would tell her and what her response would be. Shay was trying to  resist being defensive - True

<h3><u>Explanation:</u></h3>

The word Resist refers to the act of  withstanding  the action or effect of something. An act that is done with an  intention to protect oneself or defend from the challenge or avoiding criticism is defensive. When we do something wrong or when we are in a situation to avoid criticism by others who may be our co workers we tend to defend our self.

When we are having confidence in  the things that we do then we will try top resist what others says by explaining them the actual thing. In the given scenario, Shay is preparing how to answer the questions that Jill shoots in the meeting because he has the confidence in the work she performed. Thus, Shay is trying to resist Jill than being defensive.

4 0
3 years ago
Other questions:
  • Broihan Corporation has the following purchases budget for the last half of 2002:
    12·1 answer
  • Spielberg Company's general ledger shows a checking account balance of $22,970 on July 31, 2021. The July cash receipts of $1,88
    10·1 answer
  • During the month of March, Karen Company's employees earned wages of $68,000. Withholdings related to these wages were $5,202 fo
    9·1 answer
  • What is consideration​
    8·1 answer
  • Suppose that productivity growth in an economy over a two-year period has fallen to less than 2% per year, causing a severe rece
    9·1 answer
  • Jeanne and Mark are buying a home. They've been told their mortgage payment will be $1,072 per month. There's also an additional
    13·1 answer
  • Question 2-4, please?
    9·1 answer
  • What do banks do with most of their customers deposits
    15·1 answer
  • Mr. Jagger is purchasing a $3,000,000 home by borrowing 80% of the purchase price. His loan terms are: 15 years amortization, mo
    14·1 answer
  • Over the life of a mortgage, the payment to principal ________ and the portion to interest expense ________.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!