Business, 24.03.2020 21:09 Ariannamorales5355
On March 1, Year 1, LuxWear Inc. had beginning inventory and purchases, at cost, of $50,000 and $20,000, respectively. The beginning inventory and purchases had a retail value of $75,000 and $30,000, respectively. The company had sales of $60,000, as well as markups of $6,000 and markdowns of $10,000. What would LuxWear report as the lower of cost or market for its ending inventory on March 31, Year 1 using the conventional (LCM) retail method? (Round the cost-to-retail ratio to two decimal places.)
Answers: 2
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When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?
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On March 1, Year 1, LuxWear Inc. had beginning inventory and purchases, at cost, of $50,000 and $20,...
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