subject
Business, 01.11.2019 04:31 sophiaroeloffs4348

Aaa hardware uses the lifo method to value its inventory. inventory at the beginning of the year consisted of 10,000 units of the company’s one product. these units cost $15 each. during the year, 60,000 units were purchased at a cost of $18 each and 64,000 units were sold. near the end of the fiscal year, management is considering the purchase of an additional 5,000 units at $18.

required:
1. what would be the effect of this purchase on income before income taxes?
income before income taxes would be $

2. what would be the effect of this purchase on income before income taxes using fifo method?
income before income taxes would be $

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 13:30
What is the opportunity cost in this scenario? harry has been very busy at work for the past two weeks. he has been working weekends too. finally, he is going to get a weekend off. originally, he planned to paint his apartment that weekend. he also considered going fishing for the weekend. but then his parents called and asked him to come for dinner because it has been a while since they have seen each other. later on, his friend theo informed him about a surprise birthday party for another friend. theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between theo, harry, and three other friends. now harry is confused about what he should do over the weekend. he decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. in the end, harry decides to see his parents.
Answers: 2
question
Business, 21.06.2019 19:20
Chester has a credit score of 595 according to the following table his credit rating is considered to be which of these
Answers: 1
question
Business, 21.06.2019 21:30
What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.
Answers: 3
question
Business, 22.06.2019 20:00
If a hotel has 100 rooms, and each room takes 25 minutes to clean, how many housekeepers working 8-hour shifts does the hotel need at 50 percent occupancy?
Answers: 1
You know the right answer?
Aaa hardware uses the lifo method to value its inventory. inventory at the beginning of the year con...
Questions
question
Mathematics, 18.12.2020 08:00
question
English, 18.12.2020 08:00
question
Mathematics, 18.12.2020 08:00
question
Mathematics, 18.12.2020 08:00
Questions on the website: 13722361