Answer:
$18,650
Explanation:
FIFO means first in, first out. It means its the oldest inventory that are sold first .
If the company sold 800 inventory, the 800 would be taken from the beginning inventory which is a total of 450 and the remaining 350 would be taken from the inventory produced in January. 
Cost of goods sold 
450×$22 = $9,900
350 ×$25= $8,750
$9,900 + $8,750 = $18,650
I hope my answer helps you 
 
        
             
        
        
        
Answer:
Yes
Explanation:
From the given output 
The  Probability of getting 13 or more passed 
when the  reliability = 0.35. can be calculated as follows
=0.0258+0.0109+0.0039+.0012+0.0004 = 0.0422   ≈  4.2%
Since the probability is less than the  5% level we will therefore reject the Null hypothesis   
answer : YES 
 
        
             
        
        
        
Answer:
$440
Explanation:
First and foremost the financing activities hinted in  the question are as follows:
Distribution of cash dividends declared in 2017 $ 48(outflow)
Payment to retire bonds $452(outflow)
Proceeds from the sale of treasury stock (cost: $52) $60(inflow)
net cash outflows from financing activities=-$48-$452+$60
net cash outflows from financing activities=-$440
 
        
             
        
        
        
Answer:
accounts payable   2,000 debit
                cash                     2,000 credit
salaries expense   1,200 debit
                  cash                     1,200 credit
Equipment           39,000 debit
                cash                    39,000 credit
utilities expense        800 debit
                cash                    800 credit
B-Valdez drawins    4,500 debit
               cash                   4,500 credit
Explanation:
In all cases the company is using cash. It is performing a cash disbursements thus we credited.
In the debit side we post what we receive or destination of the cash.
Like, equipment, salaries expense and so on.
 
        
             
        
        
        
Answer: $66,938
Explanation: The beginning inventory is calculated thus:
$50,000 / 3000 units = $16.67
while the purchases during the period is:
$150,000 / 8000 units = $18.75
Ending inventory value using average minus cost method is thus:
Ending inventory= 3,780
Average cost = $16.67+18.75= $35.42
Cost of ending inventory = $35.42/2=17.71
Ending inventory cost = $17.71 * 3,780=66,938