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
<span>so here is how you can answer this:
Your commission must be equal to the sum of the 10% of the value of the rug and the 15% of the value of the furniture and equate this to the value of your commission. Translate this to a mathematical equation, you would get,
Commission = (10%) (value of rugs) + (15%) (value of furniture).
substituting the known values,
5000 =.1 * x + .15 * 12500.
Now it's a matter of finding for x. You should get,
x = $31,250.</span>
Answer:
the answer is the top choice
No I do not want to have fun I’m jus typing this cuz I need points