Business Math (11th Edition)
11th Edition
ISBN: 9780134496436
Author: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Publisher: PEARSON
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Question
Chapter 18, Problem 14ES
To determine
To calculate: The total cost of goods available for sale, cost of ending inventory, and cost of goods sold using the LIFO inventory method for the following table if ending inventory has 500 units,
Date of purchase |
Number of units purchased |
Number of units in ending inventory |
Cost per unit |
Beginning inventory |
221 |
221 |
$16 |
April 15 |
328 |
279 |
$15 |
May 12 |
167 |
0 |
$12 |
June 5 |
201 |
0 |
$9 |
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Check out a sample textbook solutionChapter 18 Solutions
Business Math (11th Edition)
Ch. 18.1 - Prob. 1-1SCCh. 18.1 - Prob. 1-2SCCh. 18.1 - Prob. 1-3SCCh. 18.1 - Prob. 1-4SCCh. 18.1 - Prob. 2-1SCCh. 18.1 - Prob. 2-2SCCh. 18.1 - Prob. 2-3SCCh. 18.1 - Prob. 2-4SCCh. 18.1 - Prob. 3-1SCCh. 18.1 - Prob. 3-2SC
Ch. 18.1 - Prob. 3-3SCCh. 18.1 - Prob. 3-4SCCh. 18.1 - Prob. 4-1SCCh. 18.1 - Prob. 4-2SCCh. 18.1 - Prob. 4-3SCCh. 18.1 - Prob. 4-4SCCh. 18.1 - Prob. 5-1SCCh. 18.1 - Prob. 5-2SCCh. 18.1 - Prob. 5-3SCCh. 18.1 - Prob. 5-4SCCh. 18.1 - Prob. 6-1SCCh. 18.1 - Prob. 6-2SCCh. 18.1 - Prob. 6-3SCCh. 18.1 - Prob. 6-4SCCh. 18.1 - Prob. 6-5SCCh. 18.1 - Prob. 1SECh. 18.1 - Prob. 2SECh. 18.1 - Prob. 3SECh. 18.1 - Prob. 4SECh. 18.1 - Prob. 5SECh. 18.1 - Prob. 6SECh. 18.1 - Prob. 7SECh. 18.1 - Prob. 8SECh. 18.1 - Prob. 9SECh. 18.1 - Prob. 10SECh. 18.1 - Prob. 11SECh. 18.1 - Prob. 12SECh. 18.1 - Prob. 13SECh. 18.1 - Prob. 14SECh. 18.1 - Prob. 15SECh. 18.1 - Prob. 16SECh. 18.1 - Prob. 17SECh. 18.1 - Prob. 18SECh. 18.1 - Prob. 19SECh. 18.1 - Prob. 20SECh. 18.1 - Prob. 21SECh. 18.1 - Prob. 22SECh. 18.1 - Prob. 23SECh. 18.1 - Prob. 24SECh. 18.1 - Prob. 25SECh. 18.1 - Prob. 26SECh. 18.1 - Prob. 27SECh. 18.1 - Prob. 28SECh. 18.1 - Prob. 29SECh. 18.2 - Prob. 1-1SCCh. 18.2 - Prob. 1-2SCCh. 18.2 - Prob. 1-3SCCh. 18.2 - Prob. 1-4SCCh. 18.2 - Prob. 2-1SCCh. 18.2 - Prob. 2-2SCCh. 18.2 - Prob. 2-3SCCh. 18.2 - Prob. 2-4SCCh. 18.2 - Prob. 1SECh. 18.2 - Prob. 2SECh. 18.2 - Prob. 3SECh. 18.2 - Prob. 4SECh. 18.2 - Prob. 5SECh. 18.2 - Prob. 6SECh. 18.2 - Prob. 7SECh. 18.2 - Prob. 8SECh. 18.2 - Prob. 9SECh. 18.2 - Prob. 10SECh. 18 - Prob. 1ESCh. 18 - Prob. 2ESCh. 18 - Prob. 3ESCh. 18 - Prob. 4ESCh. 18 - Prob. 5ESCh. 18 - Prob. 6ESCh. 18 - Prob. 7ESCh. 18 - Prob. 8ESCh. 18 - Prob. 9ESCh. 18 - Prob. 10ESCh. 18 - Prob. 11ESCh. 18 - Prob. 12ESCh. 18 - Prob. 13ESCh. 18 - Prob. 14ESCh. 18 - Prob. 16ESCh. 18 - Prob. 17ESCh. 18 - Prob. 18ESCh. 18 - Prob. 19ESCh. 18 - Prob. 20ESCh. 18 - Prob. 21ESCh. 18 - Prob. 22ESCh. 18 - Prob. 23ESCh. 18 - Prob. 24ESCh. 18 - Prob. 25ESCh. 18 - Prob. 26ESCh. 18 - Prob. 27ESCh. 18 - Prob. 1PTCh. 18 - Prob. 2PTCh. 18 - Prob. 3PTCh. 18 - Prob. 4PTCh. 18 - Prob. 5PTCh. 18 - Prob. 6PTCh. 18 - Prob. 7PTCh. 18 - Prob. 8PTCh. 18 - Prob. 9PTCh. 18 - Prob. 10PTCh. 18 - Prob. 11PTCh. 18 - Prob. 12PTCh. 18 - Prob. 13PTCh. 18 - Prob. 14PTCh. 18 - Prob. 15PTCh. 18 - Prob. 16PTCh. 18 - Prob. 1CTCh. 18 - Prob. 2CTCh. 18 - Prob. 3CTCh. 18 - Prob. 4CTCh. 18 - Prob. 5CTCh. 18 - Prob. 6CTCh. 18 - Prob. 7CTCh. 18 - Prob. 8CTCh. 18 - Prob. 9CTCh. 18 - Prob. 1CPCh. 18 - Prob. 2CPCh. 18 - Prob. 1CS1Ch. 18 - Prob. 2CS1Ch. 18 - Prob. 3CS1Ch. 18 - Prob. 1CS2Ch. 18 - Prob. 2CS2
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