LIFO

530 PM backboard Remaining Time: 2 hours, 28 minutes, 12 seconds Question Completion Status QUESTION 11 A company purchased 400 units for $35 each on January 31. It purchased 135 units for $40 each on February 28 Bold 200 unts for $56 each from March 1 through December 31, the company uses the last-in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 317 (Assume that the company uses a perpetual inventory system) 57.675 57,325 $7.000 $8,000 QUESTION 12 The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus of 20% on annual income, her deducting the bonus. The net income before the calculation of the bonus is $324,000. What is the amount of the bonus? (Round your final answer to the nearest dolar) $52.000 562.400 $64.800 $54,000 QUESTION 13 Click Swand Subult to save and submit. Click Save All Answers to see alla Save All Answers Close Window MacBook 388 77 FS 18 FT 72 3 * @ 2 $ 4 % 5 & 7 3 6 8 9 0 Q W E R T Y U 0