Perpetual inventory using fifo
beginning inventory, purchases, and sales for item b901 are as follows:
august 1 inventory 44 units @ $18
9 sale 33 units
13 purchase 44 units @ $20
28 sale 15 units
assuming a perpetual inventory system and using the first-in, first-out (fifo) method, determine (a) the cost of merchandise sold on august 28 and (b) the inventory on august 31.
a. cost of merchandise sold on august 28 $
b. inventory on august 31 $

99

step-by-step explanation:

the aswere is the one with all 8's and the second one is with the 10,8 and 6

step-by-step explanation:

answer: 12/52

step-by-step explanation: my reasoning is that there are 12 face cards in a deck and a total of 52 cards in all.

answer: c

substitute in the values.

for a:

f(0) = 0 + 9

f(0) = 9

a is a solution.

for b:

f(7) = 14 + 9

f(7) = 23

b is a solution.

for c:

f (3) = 6 + 9

f(3) = 15

c is not a solution. it's supposed to be 14.

for d:

f(2) = 4 + 9

f(2)= 13

d is a solution.