The inventory data for an item for november are: nov. 1 inventory 20 units at $19 4 sale 10 units 10 purchase 30 units at $20 17 sale 20 units 30 purchase 10 units at $21 using a perpetual system, what is the cost of merchandise sold for november if the company uses lifo?

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection