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Find the inventory value using the weighted average method, the FIFO method, and the LIFO method. Purchases Beginning inventory: 24 units at $8 June: 17
Find the inventory value using the weighted average method, the FIFO method, and the LIFO method. Purchases Beginning inventory: 24 units at $8 June: 17 units at $9 August: 12 units at $10 Now in inventory: 20 units Find the inventory value using the weighted average method $ (Round the final answer to the nearest cent. Round all intermediate values to the nearest cent.) A firm pays $92 for a car seat and wants a 24% markup for operating expense as well as a 6% markup for profit. However, customers think the car seats are ugly, so they are not selling. Management reduces the price of each car seat by $30 to get rid of them. Find (a) the selling price, (b) the reduced price, (c) the percent of markdown, and (d) any operating or absolute loss. (a) The selling price before the markdown is $ (Type a whole number or a decimal.) Sheena Suh is paid an 8% commission on sales. During her last pay period she had sales of $21,934 and returns and allowances of $433. Find the amounts of her deductions for Social Security (FICA) at 6.2%, for Medicare at 1.45%, and for State Disabiltiy insurance (SDI) at 1%. At the end of this pay period Sheena will still be below the FICA and SDI maxima. On what amount of money will Sheena pay the various taxes? $ Kristen Price sells college textbooks on commission. She gets 4% on the first $8000 of sales, 8% on the next $8000 of sales, and 12% on sales over $16,000. In July of 1997 Kristen's sales total was $18,500. What was Kristen's gross commission for July 1997
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