Using the table provided, calculate total sales, cost of goods sold, gross profit, and ending inventory using each of the FIFO perpetual inventory method.

A) Total sales: $56,975.00 Cost of goods sold: $36,431.25
Gross profit: $20,543.75
Ending inventory: $19,981.2
B) Total sales: $56,975.00 Cost of goods sold: $36,587.50
Gross profit: $20,387.50
Ending inventory: $19,825.00
C) Total sales: $56,975.00 Cost of goods sold: $37,312.50
Gross profit: $19,662.50
Ending inventory: $19,573.25
D) Total sales: $56,975.00 Cost of goods sold: $37,401.75
Gross profit: $19,573.25
Ending inventory: $19,010.75

Hartnett Company's quality cost report is to be based on the following data:
Required:
Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs. Garrison 16e Rechecks 2018-06-07

In 2008 if the poverty line had been set higher,the poverty rate would have been _____.

An offer must be expressed in plain language to be effective.

There was a spike in U.S. legal immigration from 1989 to 1991 due to

A) an unstable political situation in Mexico.
B) increased international travel.
C) tremendous economic growth in the U.S. economy.
D) an amnesty program legalizing formerly illegal immigrants.

An agent contracted with a third party on behalf of a principal, but went beyond both his actual and apparent authority. The third party was never paid. Which of the following indicates the legal position of the third party?

A) He can successfully sue the principal because the principal is always liable for the actions of his agent.
B) He can successfully sue the agent for breach of warranty of authority if the principal fails to ratify the contract.
C) Since the agent had no authority, the third party has no remedy against anyone.
D) The third party can ratify the deal and force the principal to go through with it.
E) He can sue the agent for the tort of nuisance.

Liabilities that will be due within one year or less and that are to be paid out of current assets are called current liabilities.

What effect do stock dividends have on firm value?

A) They increase total firm value because more shares are outstanding.
B) They decrease total firm value because EPS is lowered.
C) They increase total firm value because each shareholder has a larger share of the firm.
D) They have no effect on firm value.