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If you could answer all 4 that would be greatly appreciated, thanks 1. Jammer Company uses a weighted average perpetual inventory system and reports the

If you could answer all 4 that would be greatly appreciated, thanks

1.

Jammer Company uses a weighted average perpetual inventory system and reports the following:

August 2 Purchase 14 units at $13.50 per unit.
August 18 Purchase 16 units at $20.00 per unit.
August 29 Sale 28 units.
August 31 Purchase 19 units at $16.50 per unit.

What is the per-unit value of ending inventory on August 31? (Round your per unit answers to 2 decimal places.)

  • $17.50

  • $13.50

  • $16.97

  • $16.54

  • $17.64

2.

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,638. The FICA tax for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,433.27. What is the total amount of taxes withheld from the Portia's earnings? (Round your intermediate calculations to two decimal places.)

  • $2,072.00

  • $3,505.27

  • $2,528.08

  • $2,094.08

  • $1,558.52

3.

A company's warehouse contents were destroyed by a flood on September 12. The following information was the only information that was salvaged:

  1. Inventory, beginning: $28,100
  2. Purchases for the period: $17,100
  3. Sales for the period: $55,100
  4. Sales returns for the period: $710

The company's average gross profit ratio is 36%. What is the estimated cost of the lost inventory?

  • $28,928.00.

  • $10,390.40.

  • $44,200.00.

  • $45,200.00.

  • $25,619.60.

4.

A company that reports segment information had average total assets of $1,550,450 and total net income of $632,700. Segment A had average total assets of $941,800 and segment operating income of $319,300. Segment B had average assets of $608,650 and segment operating income of $313,400. The segment return on assets for Segment A is:

  • 40.8%

  • 50.5%

  • 33.9%

  • 51.5%

  • 60.7%

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