Inventory records for Dunbar Incorporated revealed the following:
Date Transaction Number ofUnits Unit Cost
Apr. 1 Beginning inventory 500 $2.13
Apr. 20 Purchase 310 2.63
Dunbar sold 620 units of inventory during the month. Ending inventory assuming LIFO would be (Do not round your intermediate calculations. Round your answer to the nearest dollar amount):
A. $815.
B. $405.
C. $1,065.
D. $500
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number ofUnits Unit Cost Apr. 1 Beginning inventory 500 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Mack writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the check to her masseuse, Janet, in exchange for a neck massage.
Answers (1)
If you were told your score was in the first percentile and the median score for the test was 85%, which of the following assumptions could you make about your score? a. Your score was 85%. b. Your score was 75%. c. Your score was less than 85%. d.
Answers (1)
You are a member of Congress and your aide reports that unemployment continues to rise. You are due to report to the floor to vote on several bills. To address unemployment, you vote for the proposed bill that aims to A.
Answers (1)
What characteristic of the traditional marketplace is also a characteristic of social media? A. it is personal and interactive B. it requires a long interaction time C. it does not allow for word of mouth communication D. it limits connectivity
Answers (1)
You have the following data on (1) the average annual returns of the market for the past 5 years and (2) similar information on Stocks A and B.
Answers (1)
New Questions in Business
A company purchased factory equipment on April 1, 2013 for $80,000. It is estimated that the equipment will have an $10,000 salvage value at the end of its 10-year useful life.
Answers (2)
What is sales account?
Answers (1)
Tyron purchased a vacant lot and entered into a contract with BZ Inc. to construct a shopping center on the site. Douglas heard about this contract and built a restaurant on an adjoining piece of property because of the planned shopping center.
Answers (1)
Matthew bakes apple pies that he sells at the local farmer's market. If the price of apples increases, the a. supply curve for Matthew's pies will decrease. b. demand curve for Matthew's pies will decrease. c.
Answers (1)
Dominic's boss at the Chuck Wagon restaurant expects that he will stay late to clean up the bar areas on Friday and Saturday nights. However, Dominic needs to be home to take over babysitting from his wife, who works a night shift.
Answers (1)