A physical count of merchandise inventory on june 30, Other Subject

+44 141 628 6080
[email protected]

A physical count of merchandise inventory on june 30

A company just starting business made the following four inventory purchases in June:

June 1 150 units for $780

June 10 200 units for $1,170

June 15 200 units for $1,260

June 28 150 units for $990

The total value of the units purchased in June was $4,200.

A physical count of merchandise inventory on June 30 reveals that there are 400 units on hand.

Using the LIFO inventory method, the value of the ENDING INVENTORY on June 30 is

Question options:

$1,657.50.

$1,935.

$2,542.50.

$2,265.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Other Subject: A physical count of merchandise inventory on june 30

Reference No:- TGS0621834

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Other Subject

Q : Describe the evolution of the war film and the gangster

Describe the evolution of the war film, and the gangster film genres between 1930 and 1945, and provide examples of representative films

Q : Describe the immediate causes and effects of both of

Describe the immediate causes and effects of both of Britain's Quota Acts. In each case, how did these effects contribute to or hinder the consolidation of the British studio system? What kinds of films resulted from these acts?

Q : Pick out two water soluble vitamins 2 fat soluble vitamins

Pick out two water soluble vitamins, 2 fat soluble vitamins, and 2 minerals. Discuss their functions and food sources. Research these six nutrients and determine their functions in the body and general food sources of each. List which vitamins have a

Q : Which of the following will most likely have to occur as a

Which of the following will most likely have to occur as a result of an aging population and a reduction in the number of young workers?

Q : A physical count of merchandise inventory on june 30

A physical count of merchandise inventory on June 30 reveals that there are 400 units on hand. Using the LIFO inventory method, the value of the ENDING INVENTORY on June 30 is

Q : Whom do you see as having a more significant impact on the

Whom do you see as having a more significant impact on the spread of Christianity Emperor Constantine or St. Augustine? Give examples supporting your choice.

Q : Marketing is described as cthe science of exchangein the

Marketing is described as Cthe science of exchange.In the nonprofit context, what are the exchanges that occur? Who are the key parties with whom exchanges take place, and what are the media of exchange (e.g., is it always or only about the flow of m

Q : Within your organization how have changes in the macro

Within your organization, how have changes in the macro environment and competitive situation impacted the success of your company? Consider advances in technology, social changes, demographic shifts, regulatory changes, etc.

Q : Prepare a paper detailing the differences exhibited between

Prepare a paper detailing the differences exhibited between balancing the constitutional rights of prisoners and the functions of the jail or prison. As an example, discuss the mandatory rights that prison administrators must provide prisoners and di

1953137

Questions
Asked

3,689

Active Tutors

1427850

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Other Subject: A physical count of merchandise inventory on june 30

Reference No:- TGS0621834

Have a Question? (oR Write a Review)

Recent Questions Asked Other Subject

Q : Describe the evolution of the war film and the gangster

Q : Describe the immediate causes and effects of both of

Q : Pick out two water soluble vitamins 2 fat soluble vitamins

Q : Which of the following will most likely have to occur as a

Q : A physical count of merchandise inventory on june 30

Q : Whom do you see as having a more significant impact on the

Q : Marketing is described as cthe science of exchangein the

Q : Within your organization how have changes in the macro

Q : Prepare a paper detailing the differences exhibited between

Investigate the cause of the recent werewolf attacks

Describe marxist theory and psychology of addiction

Explain framers decisions in creating the constitution

Federal bureaucracy has to put up with a lot of red tape

What power of recognition when it comes to office president

What right ordinance power give to the president

Analyze leadership of organization during particular event

Request for Solution File

Ask an Expert for Answer!!

Other Subject: A physical count of merchandise inventory on june 30

Reference No:- TGS0621834

Recent Questions Asked Other Subject

Q : Describe the evolution of the war film and the gangster

Q : Describe the immediate causes and effects of both of

Q : Pick out two water soluble vitamins 2 fat soluble vitamins

Q : Which of the following will most likely have to occur as a

Q : A physical count of merchandise inventory on june 30

Q : Whom do you see as having a more significant impact on the

Q : Marketing is described as cthe science of exchangein the

Q : Within your organization how have changes in the macro

Q : Prepare a paper detailing the differences exhibited between

Asked Questions