Ferris company began 2018 with 7,000 units of its principal product. the cost of each unit is $9. merchandise transactions for the month of january 2018 are as follows: purchases date of purchase units unit cost* total cost jan. 10 6,000 $ 10 $ 60,000 jan. 18 7,000 11 77,000 totals 13,000 137,000 *includes purchase price and cost of freight. sales date of sale units jan. 5 3,000 jan. 12 1,000 jan. 20 4,000 total 8,000 12,000 units were on hand at the end of the month. required: calculate january's ending inventory and cost of goods sold for the month using each of the following alternatives: 1. fifo, periodic system. 2. lifo, periodic system. 3. lifo, perpetual system. 4. average cost, periodic system. 5. average cost, perpetual system.
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Business, 21.06.2019 20:40
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Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a
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You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
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Business, 22.06.2019 07:30
Fill in the missing words to correctly complete each sentence about analyzing a job posting. when reviewing a job posting, it’s important to check theto determine whether it’s worth your time to apply. if the post has been up for a while or it’s already closed, move on to the next position. if it’s still available, take note of when it closes so you’ll know when you mayfrom the company in regard to an interview.
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Ferris company began 2018 with 7,000 units of its principal product. the cost of each unit is $9. me...
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