Applying and analyzing inventory costing methods at the beginning of the current period, chen carried 1,000 units of its product with a unit cost of $20. a summary of purchases during the current period follows. during the period, chen sold 2,800 units. units unit cost cost beginning inventory 1,000 $ 20 $ 20,000 purchase #1 1,800 22 39,600 purchase #2 800 26 20,800 purchase #3 1,200 29 34,800 (a) assume that chen uses the first-in, first-out method. compute both cost of good sold for the current period and the ending inventory balance. use the financial statement effects template to record cost of goods sold for the period. ending inventory balance $answer 0

Anewspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10. he sells papers for $0.50 and pays $0.30 for them. unsold papers are trashed with no salvage value. how many papers should he order each day and what % of the time will he experience a stockout? are there any drawbacks to the order size proposed and how could the boy address such issues?

The table shows the demand and supply schedules for magazines. complete the following sentences. the equilibrium price of a magazine is $ 4 and the equilibrium quantity is 150 magazines a week. price (dollars per magazine) quantity demanded quantity supplied (magazines per week) 3.00 160 138 3.50 155 144 4.00 150 150 4.50 145 156 5.00 140 161 now a fall in the price of a newspaper decreases the quantity demanded by 11 magazines a week at each price. at the original equilibrium price, a occurs. to return to equilibrium, the price of a magazine a. surplus; rises b. shortage; rises c. shortage; falls d. surplus; falls as the market returns to equilibrium, the quantity demanded and the quantity supplied a. decreases; increases b. decreases; decreases c. increases; decreases d. increases; increases the new equilibrium price is $ nothing a magazine.

Acrosswalk_when there are no pavement markings.