Cost flow methods the following three identical units of item px2t are purchased during april: item beta units cost april 2 purchase 1 $293 april 15 purchase 1 296 april 20 purchase 1 299 total 3 $888 average cost per unit $296 ($888 ÷ 3 units) assume that one unit is sold on april 27 for $361. determine the gross profit for april and ending inventory on april 30 using the (a) first-in, first-out (fifo); (b) last-in, first-out (lifo); and (c) weighted average cost method. gross profit ending inventory a. first-in, first-out (fifo) $ $ b. last-in, first-out (lifo) $ $ c. weighted average cost

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?