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MMLU-Pro / 680 / The Magic-Voice Radio Supply Company is taking inventory at the end of the year.…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

The Magic-Voice Radio Supply Company is taking inventory at the end of the year. One of the items on stock is their # 84A tube. Records for these tubes show the following: Quantity Cost per Tube Inventory, January 1 800 .252PurchaseofMarch32,000.252 Purchase of March 3 2,000 .247 Purchase of June 5 1,500 .262PurchaseofOctober13900.262 Purchase of October 13 900 .27 Purchase of November 25 600 $.272 If the quantity of these tubes on hand is 1,700, what would be the value of the inventory using each of the following methods? (a) Average Cost (b) FIFO (c) LIFO
Plain-text mathematical notation (without MathML)
The Magic-Voice Radio Supply Company is taking inventory at the end of the year. One of the items on stock is their # 84A tube. Records for these tubes show the following: Quantity Cost per Tube Inventory, January 1 800 .252PurchaseofMarch32,000.247 Purchase of June 5 1,500 .262PurchaseofOctober13900.27 Purchase of November 25 600 $.272 If the quantity of these tubes on hand is 1,700, what would be the value of the inventory using each of the following methods? (a) Average Cost (b) FIFO (c) LIFO
Original LaTeX notation
The Magic-Voice Radio Supply Company is taking inventory at the end of the year. One of the items on stock is their # 84A tube. Records for these tubes show the following: Quantity Cost per Tube Inventory, January 1 800 $.252 Purchase of March 3 2,000 $.247 Purchase of June 5 1,500 $.262 Purchase of October 13 900 $.27 Purchase of November 25 600 $.272 If the quantity of these tubes on hand is 1,700, what would be the value of the inventory using each of the following methods? (a) Average Cost (b) FIFO (c) LIFO

category

business

options

  1. $440.00, $460.00, $425.00
  2. $439.60, $459.60, $424.90
  3. $437.00, $457.00, $422.00
  4. $441.20, $461.20, $426.30
  5. $435.80, $455.80, $421.10
  6. $436.40, $456.40, $421.70
  7. $438.00, $458.00, $423.00
  8. $437.60, $457.60, $422.90
  9. $438.60, $458.60, $423.90
  10. $439.00, $459.00, $424.00

src

stemez-Business

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Source and history

upstream_id / Original problem ID
680
task_id
f347856a-3683-50e6-8af4-c2ba5b22e8fd
task_key
default--test--680
task_revision_id
1
config / split
default / test

Official source

initial import