Answer:
$1,223,500
Explanation:
The computation of cost of goods sold using LIFO method is shown below:-
Here, we are using LIFO method so we calculate from last number of units and cost per unit so we need to get 1,100
So, units from last 270 + 440 + 340 = 1,050
Now we need 50 units from purchase units so cost of goods sold
= 270 × $1,190 + 440 × $1140 + 340 × $1,040 + 50 × 940
= $321,300 + $501,600 + $353,600 + $47,000
= $1,223,500
Answer: start the company Question 5 options: financial plan marketing plan business description competitive analysis
Explanation:
Which part of the business plan gives you a chance to explain why you want to
Answer:
$85,300
Explanation:
The computation of the ending account payable balance is shown below:
Ending balance of account payable = Beginning balance of account payable + purchase made - paid amount of its account payable balance
= $78,000 + $44,900 - $37,600
= $85,300
The paid amount for services to be provided in the future is not related to the account payable. Hence, it is ignored