Freehan company’s accounting records has the following information about its inventory:

units unit cost inventory
8,000 $8 jan. 1
17,000 $10 apr. 2
15,000 $12 aug. 28

if the company has 9,000 units on hand at december 31, how much is the cost of ending inventory under the average-cost method in a periodic inventory system?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account