Acompany uses the weighted-average method of inventory valuation under a periodic inventory system. the company began the year with a zero inventory balance. they had the following transactions during the year. 1. purchased 64 units at $5 per unit 2. purchased 110 units at $5 per unit 3. sold 90 units at $10 per unit 4. purchased 55 units at $6 per unit 5. sold 90 units at $13.50 per unit at the end of the year, the company counted the inventory and found 49 units remaining. calculate the cost of goods sold for the year. (round the unit costs to two decimal places and total costs to the nearest dollar.

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness