Calculate the total cost, total selling price and selling price per brownie. Note: Round your answers to the nearest cent. Given the purchases below and ending inventory of 630 , determine the cost of ending inventory using the weighted-average method. Marvin Company has a beginning inventory of 14 sets of paints at a cost of $1.80 each. During the year, the store purchased 6 sets at $1.90,8 sets at $2.50,8 sets at $2.80, and 12 sets at $3.30. By the end of the year, 32 sets were sold. a. Calculate the number of paint sets in ending inventory. b. Calculate the cost of ending inventory under LIFO, FIFO, and the weighted average methods. Note: Round your answers to the nearest cent. Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in a year table) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Pete Air wants to buy a used Jeep in 4 years. He estimates the Jeep will cost $16,200. Assume Pete invests $11,200 now at 12% interest compounded semiannually. a. Calculate the maturity value of the investment. (Use the Table 121 provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage, Quicken was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent. Art Neuner, an investor in real estate, bought an office condominium. The market value of the condo was $305,000 with a 70% assessment rate. Art feels that his return should be 12% per month on his investment after all expenses. The tax rate is $31,50 per $1,000. Art estimates it will cost $250 per month to cover general repairs, insurance, and so on. He pays a $120 condo fee per month. All utilities and heat are the responsibility of the tenant. Calculate the monthly rent for Art. Note: Round your intermediate calculations and final answer to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Q was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Quicken was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent. Calculate the total cost, total selling price and selling price per brownie. Note: Round your answers to the nearest cent. Given the purchases below and ending inventory of 630 , determine the cost of ending inventory using the weighted-average method. Marvin Company has a beginning inventory of 14 sets of paints at a cost of $1.80 each. During the year, the store purchased 6 sets at $1.90,8 sets at $2.50,8 sets at $2.80, and 12 sets at $3.30. By the end of the year, 32 sets were sold. a. Calculate the number of paint sets in ending inventory. b. Calculate the cost of ending inventory under LIFO, FIFO, and the weighted average methods. Note: Round your answers to the nearest cent. Solve for maturity value, discount period, bank discount, and proceeds. Assume a bank discount rate of 9%. Use the ordinary interest method. (Use Days in a year table) Note: Do not round intermediate calculations. Round your final answers to the nearest cent. Pete Air wants to buy a used Jeep in 4 years. He estimates the Jeep will cost $16,200. Assume Pete invests $11,200 now at 12% interest compounded semiannually. a. Calculate the maturity value of the investment. (Use the Table 121 provided.) Note: Do not round intermediate calculations. Round your answer to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage, Quicken was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent. Art Neuner, an investor in real estate, bought an office condominium. The market value of the condo was $305,000 with a 70% assessment rate. Art feels that his return should be 12% per month on his investment after all expenses. The tax rate is $31,50 per $1,000. Art estimates it will cost $250 per month to cover general repairs, insurance, and so on. He pays a $120 condo fee per month. All utilities and heat are the responsibility of the tenant. Calculate the monthly rent for Art. Note: Round your intermediate calculations and final answer to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Q was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent. Mike Jones bought a new split-level home for $150,000 with 20% down. He decided to use Quicken Loans for his mortgage. Quicken was offering 343% for 25-year mortgages. Provide Mike with an amortization schedule for three periods. (Use Table 15.1) Note: Do not round intermediate calculations. Round your answers to the nearest cent