Answer:
$32,000
Explanation:
Calculation for the Allocated cost of land
Using this formula
Allocated cost of land = Total purchase price * Appraised value of land / Total appraised value
Let plug in the formula
Allocated cost of land = $100,000 * $34,000 / ($56,250 + $34,000 + $16,000)
Allocated cost of land=$3,400,000,000/$106,250
Allocated cost of land= $32,000
Therefore Land should be recorded in the accounting records with an allocated cost of $34,000
What was the opportunity cost in a situation in which you use your available cash to buy gas for your car and then stay hungry the rest of the way home?
Answer:
see below
Explanation:
Opportunity cost is the sacrificed benefit by choosing a preferred option over others. The value of opportunity cost is the foregone benefit from the best alternative.
In this situation, the person had to choose between buying gas for the car or using that money to purchase food. Since the person opted to buy gas, they sacrificed having a meal for the rest of the day. The pleasure derived from eating is the opportunity cost for this person.
Suppose you are the owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, requiring you to increase your output to 101 boxes. She offers you $1.50 for the additional box. Should you produce it? Why or why not?
Answer:
we cant say beacause we dont know average variable cost.
Explanation:
Since we don't know the typical variable cost, we are unable to say.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
The owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, Since we don't know the typical variable cost, we are unable to say.
Therefore, Typical variable cost, we are unable to say.
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Question 1:
Listed below are some items found in the financial statements of ABC Bhd.
(a) Service revenue
(b) Trade receivables
(c) Equipment
(d) Effect of exchange rate
(e) Cash and cash equivalent
(f) Inventories
(g) Fixed deposits
(h) Depreciation
(i) Net book value
(j) Repayment of loans
(k) Advertising expense
(l) Dividends
(m) Retained earnings
(n) Salaries and wages payables
(0) Finance costs
(p) Taxation expenses
(q) Total comprehensive income
(r) Issuance of shares
(s) Proceeds from disposal of plant
(t) Bank
Required: Indicate in which financial statements the above items would appear.
Service revenue - Income statement
Trade receivables - Balance sheet
Equipment - Balance sheet
Effect of exchange rate - Income statement.
Cash and cash equivalent - Cash flow
Inventories - Balance sheet
Fixed deposits - Balance sheet
Depreciation - income statement, balance sheet, cash flow statement.
Net book value - Balance sheet
Repayment of loans - Income statement
Advertising expense - Income statement.
Dividends - Retained earning statement, Cash flows, Income statement
Retained earnings - Balance sheet
Salaries and wages payables - Income statement
Finance costs - Income statement
Taxation expenses - Income statement
Total comprehensive income - Income statement.
Issuance of shares - Stockholder's Equity
Proceeds from disposal of plant - Cash flow
Bank - Balance sheet
What is a financial statements?This refers to the written records that convey the business activities and the financial performance of a company.
The purpose of the financial statements is to give insight about the financial position and performance of an enterprise to the interested users.
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purchase goods worth rs 20000 from Shyam on credit and paid 50% in cash
Answer:
Purchases a/c dr 20000
To cash a/c 15000
To Ram's a/c 5000
Which two are segments in a Marketing Plan? (Choose two)
Demographic
Psychographic
Income
Loyalty
The two segments that are part of a Marketing Plan are: A. Demographic and B. Psychographic segments.
A marketing plan details a company's target market, the brand's value proposition, the marketing campaigns, and the evaluation metrics for assessing if marketing initiatives are effective and inefficient.In the marketing plan, the target market is usually segmented to enable the marketing efforts to yield good results.The four major segments are:
DemographicPsychographicGeographicBehavioral.The "demographic" segment classifies the target market based on age, gender, or race. On the hand, "psychographic" segmentation dwells on consumers' activities, interests, and opinions, which go beyond the demographic classification.Thus, the two segments that are part of the Marketing Plan are demographic and psychographic, while income and loyalty are ingredients in the segments.
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Answer: Demographic
Psychographic
Explanation:
Suppose people cannot tell for sure whether they will fall ill in any given year. High-risk people correctly perceive their chance of falling ill in a year is 30 percent, and low-risk people correctly perceive that their chance of falling ill is 10 percent. Both high-risk and low-risk people have to pay $10,000 in medical expenses if they fall ill, and nothing if they remain healthy.a. What are the expected annual medical expenses of a high-risk person?$ per yearb. What are the expected annual medical expenses of a low-risk person?$ per yearc. Suppose insurance companies cannot tell whether someone is high-risk or low-risk. They only know that half of all people are high-risk, and half of all people are low-risk. So, they offer a health insurance policy that costs $2,000 per year in exchange for covering all of a person's medical expenses should they fall ill. If high-risk people, and low-risk people are risk-neutral, then who will purchase this insurance policy? Will the insurance company be able to stay in business if it continues to charge $2,000 per year? Briefly explain.(Click to select) Only low-risk people or Neither high-risk nor low-risk people or Only high-risk people or Both high-risk and low-risk people will want to purchase the insurance policy.The insurance company (Click to select) will not or will be able to stay in business because on average the company will (Click to select) break even or pay less to each customer than the revenue it receives from each customer or pay more to each customer than the revenue it receives from each customer .
The expected annual medical expenses of a high-risk person is $3000 per year while that of a low-risk person is $1000 per year.
The expected annual medical expenses of a high-risk person will be calculated as:
= Probability of falling ill × Expenses in case of illness
= 30% × $10000
= 0.3 × $10000
= $3000
The expected annual medical expenses of a low-risk person will be calculated as:
= Probability of falling ill × Expenses in case of illness
= 10% × $10000
= 0.1 × $10000
= $1000
It should be noted that in a situation where the individuals are risk neutral, the low-risk persons will not buy insurance as only the high-risk individuals will be expected to buy insurance.
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What could be done to make U.S. products more competitive in other nations?
One thing that could be done to make U.S. products more competitive in other nations is branding them as luxury goods.
How can U.S. goods be more competitive?The United States has high costs of labor which means that products made in the United States are often more expensive that the goods made in many other parts of the world.
This makes the U.S. goods less competitive with other nation goods. However, if the U.S. were able to package their goods as luxury items, then they would be more competitive because people would still buy those goods at higher prices due to their luxury goods classification.
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What is the "rate of return" on an
investment?
A. It is the amount of money you make from your
investment.
B. It is the interest based on the principal.
C. It is the interest based on the principal plus the
interest.
D. It is the initial investment you make.
Answer:
I think its the amount of money you make from your investment
By comparing prices at different stores, consumers will:
By comparing prices at different stores, consumers will save money and make informed purchasing decisions.
How can comparing prices at different stores benefit consumers?Comparing prices at different stores allows consumers to make informed purchasing decisions and save money. By taking the time to research and compare prices, consumers can identify the best deals and discounts available for the products they intend to buy.
This practice helps them ensure that they are getting the most value for their money. It can also help consumers uncover any price discrepancies or inflated prices allowing them to avoid overpaying for goods and services.
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Research topics For university student
There are some research topics for university student such as current events, youth consumption of the harmful substance, social media impact on the children and other concepts.
What is research?The term research on the analysis of the topic and find the solution and the results. Research on the primary and the secondary basis. Research was the collection and the observation of the data analysis.
There are some research topics for university student is:
Current eventsPandemicYouth consumption of the harmful substanceSocial media impact on the childrenAs a result, the concluded on the research topic are the aforementioned.
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Your question is incomplete, but most probably the full question was.
What are the research topic for university student?
The stock style box classifies individual stocks by growth, value, and core.
The stock mutual fund style box classifies individual stocks by value, growth,
and blend. These are often referred to as the equity style box. Together, the
vertical and horizontal axes can be used to classify a mutual fund into 1 of _______categories.
Together, the vertical and horizontal axes can be used to classify a mutual fund into 1 of nine categories.
The stock style box classifies individual stocks by growth, value, and core. The stock mutual fund style box classifies individual stocks by value, growth, and blend. These are often referred to as the equity style box. Together, the vertical and horizontal axes can be used to classify a mutual fund into one of nine categories.
The nine categories are large growth, large blend, large value, mid-cap growth, mid-cap blend, mid-cap value, small growth, small blend, and small value. It is common for investors to use the style box to classify mutual funds, which provides a useful way to understand the risk and return characteristics of an investment.The style box is divided into three parts, the vertical axis, the horizontal axis, and the grid that is formed by these two axes.
The vertical axis represents a market capitalization scale and can be divided into three categories: large-cap, mid-cap, and small-cap. The horizontal axis represents a value versus growth scale and can also be divided into three categories: value, blend, and growth.
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An example of how the United States has tried to export its values structure through extraterritorial application of its laws is _____.
Answer:
remember the last time u were taught
Henry has a $10,000 car insurance policy with a $400 per claim deductible. Henry is involved in an accident, and his car sustains $7,000 worth of damage. How
much will Henry's insurance company pay?
Answer:
The answer is $6,600
Explanation:
I know this because i got it right when i answered it
explain the changing nature of public administration
The nature of public administration has undergone significant changes over the years. Traditional public administration was characterized by hierarchical structures.
However, with the increasing complexity of modern society, new challenges have emerged that require a more flexible and responsive approach to public administration.
One of the key changes in public administration has been the shift towards more participatory and collaborative approaches. This has been driven by a growing recognition of the importance of engaging citizens and stakeholders in decision-making processes, and the need to build trust and legitimacy in government institutions.
Another important change has been the adoption of technology in public administration. From e-government initiatives to data-driven decision-making, technology has transformed the way that government organizations operate and interact with citizens.
At the same time, there has been a growing emphasis on performance management and accountability in public administration. This has involved the development of performance metrics, the use of benchmarking and evaluation, and a focus on outcomes rather than inputs.
Overall, the changing nature of public administration reflects the broader shifts in society towards greater complexity, interdependence, and accountability. While there are still many challenges to be addressed, the evolution of public administration offers hope for more effective and responsive governance in the years to come.
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What are three types of advertising?
A. print, signage, and discounts
B. Direct marketing, radio, and press release
C. TV, investment , and signage
D.TV, radio, and print
Answer:
D pon
Explanation:
yung tv, radio, and print
Which types of charitable giving have you heard of? Check all that apply.
volunteering at a soup kitchen
donating clothes to a charity
donating canned food to a charity
volunteering at a hospital
donating toys to a charity
volunteering at an animal shelter
Answer:
volunteering at a soup kitchen
volunteering at a hospital
volunteering at an animal shelter
Explanation:
The correct options are given below.
volunteering at a soup kitchenvolunteering at a hospitalvolunteering at an animal shelterWhat Is Charitable Giving?Charitable Giving can be defined as an act of giving money, time, or some goods to unlucky or inopportune people, directly or through a worthy cause like a charitable trust.
What are the Disadvantages of Charitable Giving?The reasons most people give for objecting to conditional charity gifts are:
It interferes with the autonomy of the recipient.It's unethical to interfere in the self-determination of sovereign states.The conditions may be contrary to human rights.The conditions may be politically manipulative.Learn more about charitable giving here https://brainly.com/question/21376202
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A supermarket brand is working to increase their online sales results and runs a campaign with the setup shown.
Campaign Objective: Conversions
Assets: Videos and images
Target: Males and females 18-45 years old
What should the media buyer do?
- Merge the ad sets and apply automatic placement
- Break ad set 3 into more placements and change the pixel event
- Remove ad sets 2 and 4 and create a traffic campaign
- Break the ad sets by gender with a gender-specific creative
The supermarket brand should merge the ad sets and apply automatic placement for their marketing i.e. option 1
The campaign measurement is considered to be the process of measuring the impact of one's marketing or advertising efforts against their campaign goals. So, here the media buyers tend to oversee the media buying process, which is with input from the media planning team.
However, with the understanding of the marketing goals and also target audience preferences which is given by the media planning team, media buyers tend to execute the actual purchase of the advertisement space.
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1. Which one of the following is not considered part
of the exterior finish of a house?
A. An entry door.
B. Ceiling of a porch or breezeway,
C. Cornice.
D. Exterior wall coverings
The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
What is the exterior finish of a house?The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.
A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.
Thus, the exterior finish of the house is:
An entry doorCorniceExterior wall coveringsFrom the given options;
The ceiling of a porch or breezeway is usually inside the house.Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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Claire and Evelyn have an argument over the timing of the charity event at an orphanage organized by their manager. Claire wants the timing to be 8:00 am while Evelyn wants the timing to be 9:00 am as the place is a bit far from her home. The manager intervenes and asks them to understand each other’s concern. They finally agree to the solution that the timing for the event could be 8:30 am and the manager would pick both of them from convenient spots. Which method of conflict resolution does the situation reflect?
MULTIPLE CHOICE
A.
competing
B.
avoidance
C.
collaboration
D.
smoothing over the problem
E.
compromise
Devon is accused of robbing a jewelry store and is summarily thrown in jail. Which law or principle of law will help Devon in this situation?
Answer:
Procedural Due Process
Explanation:
Which of the following characteristics does NOT usually apply to process operations?
A. Each unit of product is separately identifiable.
B. Partially completed products are transferred between processes.
C. Each process is a separate department.
D. A separate Work in Process Inventory is used for each process.
E. Costs are computed using equivalent units.
The chairperson can also be a minute taker in the meeting ?
how to get money fast
Answer:
social media
Explanation:
nothing social media cant do , put up ads or fliers for ur buisness, along with a side job . have friends promote whatever your doing, make a website. do something that draws audience attention.
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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Working Capital Management: Explain the impact of working capital management on the businessâs operations. Provide examples to support your claims.
Bond Investment: Analyze the risks and benefits of the business choosing to invest in a corporate bond, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.
Capital Equipment: Analyze the risks and benefits of the business choosing to invest in capital equipment, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.
Capital Lease: Analyze the risks and benefits of the business choosing to purchase a capital lease, including the necessary ethical considerations, appropriate calculations, and examples to support your analysis.
Effective working capital management includes keeping track of your inventory, accounts receivable, and accounts payable to ensure the smooth operation of your company. In order to make sure you have the liquid assets required to run your day-to-day operations, it also takes sustaining both your brief assets and liabilities.
What is working capital management?Working capital management makes sure that a company's current liabilities and assets are used to their fullest potential for efficient operation. Monitoring a firm's assets and liabilities is the main goal of working capital management in order to maintain sufficient cash flow and accomplish short-term business objectives.
What are the risks of investing in corporate bonds in business?Credit, interest rate, and market risk are the three main dangers posed by corporate bonds. Additionally, the issuer of some corporate bonds may call for redemption of those bonds and repay the principal in advance of the maturity date.
What are the benefits of investing in capital equipment?Equipment leasing is a type of "non-cash" expense. Transferring the expense of equipment to the leasing company is one of the less well-known advantages of leasing. Avoiding a sizable upfront capital investment is one advantage of leasing machinery and equipment rather than purchasing it. For accounting purposes, it is much more advantageous to convert this investment cost to an operating expense. If you intend to use the equipment for a one-time event or an off-job use, leasing it can be very advantageous.
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"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.
Answer:
College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.
The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.
Putnam Company owns 80 percent of Swaraj Company. The excess of acquisition cost over book value was attributed entirely to previously unrecorded identifiable intangibles. For 2020, Swaraj Company reported net income of $7,000,000 and declared and paid dividends of $2,000,000. Appropriate amortization of the previously unrecorded identifiable intangibles for 2020 is $1,750,000. The following information is available regarding intercompany transactions:
1. During 2020, Swaraj sold land to Putnam at a loss of $300,000. Putnam still holds the land at December 31, 2020.
2. Putnam’s ending inventory at December 31, 2020, included merchandise acquired from Swaraj; the unconfirmed profit on this inventory was $600,000.
3. Putnam’s ending inventory at December 31, 2019, included merchandise acquired from Swaraj; the unconfirmed profit was $350,000.
4. On January 3, 2017, Putnam sold equipment to Swaraj at a gain of $1,000,000; at the time of sale, the remaining life of this equipment was 10 years, straight-line. Swaraj still holds the equipment at December 31, 2020.
Required:
Calculate Putnam Company’s equity in net income for 2020 and the noncontrolling interest in net income for 2020.
Based on the ownership interest of Putnam Company in Swaraj Company, Putnam Company’s equity in net income for 2020 is $4,340,000.
The noncontrolling interest in net income is $1,060,000.
What is Putnam Company's net income from Swaraj Company?= Share of reported income - Share of amortization of identifiable intangibles + Share of loss of land - Share of Unconfirmed Profit on inventory + Share of Confirmed profit on inventory as of 2020 + Gain on equipment sale
= (80% x 7,000,000) - (80% x 1,750,000) + (80% x 300,000) - (80% x 600,000) + (80% x 350,000) + 100,000
= $4,340,000
What is the noncontrolling interest in net income?This can be found as:
= Total net income - Putnam company share
= Reported income - Amortization of identifiable intangibles + Loss of land -Unconfirmed Profit on inventory + Confirmed profit on inventory as of 2020 + Gain on equipment sale - Putnam company share
= 7,000,000 - 1,750,000 + 300,000 - 600,000 + 350,000 + 100,000 - 4,340,000
= $1,060,000
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What happens if you only make the minimum payment on your credit card statements
Yes, you can maintain the use of your credit card by making only the Minimum Payment Due each month. However, there won't be an interest-free time and you'll have to pay exorbitant interest rates.
What takes place when you only pay the minimum amount. Even though it's crucial to make at least the minimum payment each month, it's not recommended to carry a credit card balance from month to month because you'll accrue interest fees (unless you're taking advantage of an introductory 0% APR) and run the danger of going into debt. A minimum payment won't lower your credit score by itself because you aren't skipping a payment.
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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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