Answer:
The correct answer is B.
Explanation:
Giving the following information:
Apr. 1: Beginning inventory of 490 units for $2.16
Apr. 20: Purchase 420 units for $2.63
Dunbar sold 570 units of inventory during the month.
Under LIFO (last-in, first-out) method, the ending inventory is integrated by the first units incorporated into inventory.
First, we need to calculate the number of units in inventory:
Ending inventory in units= total units for sale - units sold
Ending inventory in units= (490 + 420) - 570= 340 units
Ending inventory ($)= 340*2.16= $734.4
Answer:
If the workers had been paying other people to perform the household activities prior to unemployment, then total production will fall.
Explanation:
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