Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller

تمرين 10

Solve the following application problem. Round stock turnover to the nearest hundredth.
ATHLETIC SHOES The beginning inventory and purchases of shoes made by The Sports Authority this year are as shown.
An inventory at the end of December shows that 530 pairs of shoes remain. (a) Find the inventory value using the weighted-average method. _____ (b) Find the inventory value using the FIFO method. _____ (c) Find the inventory value using the LIFO method. _____