SlideShare a Scribd company logo
Inventory information for Part 311 of Splish Corp. discloses the following information for the
month of June. Assuming that the perpetual inventory method is used and costs are computed at
the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending
inventory at LIFO Assuming that the perpetual imventory method is used and costs are computed
at the time of each withdrawal, what is the gross profit if the imventory is valued at FIFO? Gross
profit (FIFO)

More Related Content

More from sunilmahadik2

Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdfProblem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
sunilmahadik2
 
Please help to code this using R In the 1970 s- a study was conducted.pdf
Please help to code this using R In the 1970 s- a study was conducted.pdfPlease help to code this using R In the 1970 s- a study was conducted.pdf
Please help to code this using R In the 1970 s- a study was conducted.pdf
sunilmahadik2
 
Operating cash flow -$.pdf
Operating cash flow -$.pdfOperating cash flow -$.pdf
Operating cash flow -$.pdf
sunilmahadik2
 
Need a paragraph for each- any help would be appreciated 1- What type.pdf
Need a paragraph for each- any help would be appreciated 1- What type.pdfNeed a paragraph for each- any help would be appreciated 1- What type.pdf
Need a paragraph for each- any help would be appreciated 1- What type.pdf
sunilmahadik2
 
MGT - D1Q2 Look up the mission statements for a company- Have they m.pdf
MGT - D1Q2   Look up the mission statements for a company- Have they m.pdfMGT - D1Q2   Look up the mission statements for a company- Have they m.pdf
MGT - D1Q2 Look up the mission statements for a company- Have they m.pdf
sunilmahadik2
 
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdfLet X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
sunilmahadik2
 
In late 2010 economists were debating whether the U-S- economy was in.pdf
In late 2010 economists were debating whether the U-S- economy was in.pdfIn late 2010 economists were debating whether the U-S- economy was in.pdf
In late 2010 economists were debating whether the U-S- economy was in.pdf
sunilmahadik2
 
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdf
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdfImplement the following pseudocode snippet as a Java program (HINT- Ta.pdf
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdf
sunilmahadik2
 
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdfChatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
sunilmahadik2
 
A qualified joint venture is made up of- -an eligible married couple.pdf
A qualified joint venture is made up of-   -an eligible married couple.pdfA qualified joint venture is made up of-   -an eligible married couple.pdf
A qualified joint venture is made up of- -an eligible married couple.pdf
sunilmahadik2
 
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
sunilmahadik2
 
Four people are required to help out at a party- one to prepare the fo.pdf
Four people are required to help out at a party- one to prepare the fo.pdfFour people are required to help out at a party- one to prepare the fo.pdf
Four people are required to help out at a party- one to prepare the fo.pdf
sunilmahadik2
 
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdfExercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
sunilmahadik2
 
During crisis related situations which of the following is not an effe.pdf
During crisis related situations which of the following is not an effe.pdfDuring crisis related situations which of the following is not an effe.pdf
During crisis related situations which of the following is not an effe.pdf
sunilmahadik2
 
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdfAn observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
sunilmahadik2
 
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdfAnswer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
sunilmahadik2
 
Determine the amount of the late filing and late payment penalties tha.pdf
Determine the amount of the late filing and late payment penalties tha.pdfDetermine the amount of the late filing and late payment penalties tha.pdf
Determine the amount of the late filing and late payment penalties tha.pdf
sunilmahadik2
 
Business Law Joe entered into partnership with two others in the esta.pdf
Business Law  Joe entered into partnership with two others in the esta.pdfBusiness Law  Joe entered into partnership with two others in the esta.pdf
Business Law Joe entered into partnership with two others in the esta.pdf
sunilmahadik2
 
An agricultural scientist wishes to quantify the relationship between.pdf
An agricultural scientist wishes to quantify the relationship between.pdfAn agricultural scientist wishes to quantify the relationship between.pdf
An agricultural scientist wishes to quantify the relationship between.pdf
sunilmahadik2
 
1-State Kuwait Internal and external debt and their change rate - for.pdf
1-State Kuwait Internal and external debt and their change rate - for.pdf1-State Kuwait Internal and external debt and their change rate - for.pdf
1-State Kuwait Internal and external debt and their change rate - for.pdf
sunilmahadik2
 

More from sunilmahadik2 (20)

Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdfProblem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
Problem 2 The mean-reverting Ornstein-Uhlenbeck process is the solutio.pdf
 
Please help to code this using R In the 1970 s- a study was conducted.pdf
Please help to code this using R In the 1970 s- a study was conducted.pdfPlease help to code this using R In the 1970 s- a study was conducted.pdf
Please help to code this using R In the 1970 s- a study was conducted.pdf
 
Operating cash flow -$.pdf
Operating cash flow -$.pdfOperating cash flow -$.pdf
Operating cash flow -$.pdf
 
Need a paragraph for each- any help would be appreciated 1- What type.pdf
Need a paragraph for each- any help would be appreciated 1- What type.pdfNeed a paragraph for each- any help would be appreciated 1- What type.pdf
Need a paragraph for each- any help would be appreciated 1- What type.pdf
 
MGT - D1Q2 Look up the mission statements for a company- Have they m.pdf
MGT - D1Q2   Look up the mission statements for a company- Have they m.pdfMGT - D1Q2   Look up the mission statements for a company- Have they m.pdf
MGT - D1Q2 Look up the mission statements for a company- Have they m.pdf
 
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdfLet X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
Let X be one observation from a N(0-2) distribution- (a) Find an unbia.pdf
 
In late 2010 economists were debating whether the U-S- economy was in.pdf
In late 2010 economists were debating whether the U-S- economy was in.pdfIn late 2010 economists were debating whether the U-S- economy was in.pdf
In late 2010 economists were debating whether the U-S- economy was in.pdf
 
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdf
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdfImplement the following pseudocode snippet as a Java program (HINT- Ta.pdf
Implement the following pseudocode snippet as a Java program (HINT- Ta.pdf
 
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdfChatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
Chatie Schneider owns Charlie's Pets- a small retall shop selling pet.pdf
 
A qualified joint venture is made up of- -an eligible married couple.pdf
A qualified joint venture is made up of-   -an eligible married couple.pdfA qualified joint venture is made up of-   -an eligible married couple.pdf
A qualified joint venture is made up of- -an eligible married couple.pdf
 
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
6-2 The Standard Normal Distribution Table- Find Probability Use the S.pdf
 
Four people are required to help out at a party- one to prepare the fo.pdf
Four people are required to help out at a party- one to prepare the fo.pdfFour people are required to help out at a party- one to prepare the fo.pdf
Four people are required to help out at a party- one to prepare the fo.pdf
 
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdfExercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
Exercise 7 Review Sheet- The Integumentary System Basic Structure of t.pdf
 
During crisis related situations which of the following is not an effe.pdf
During crisis related situations which of the following is not an effe.pdfDuring crisis related situations which of the following is not an effe.pdf
During crisis related situations which of the following is not an effe.pdf
 
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdfAn observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
An observer is located at 55 deg- North- At the solar noon on 26 May-.pdf
 
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdfAnswer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
Answer the following DFT questions 1 to 4 for the given DAG and the DF.pdf
 
Determine the amount of the late filing and late payment penalties tha.pdf
Determine the amount of the late filing and late payment penalties tha.pdfDetermine the amount of the late filing and late payment penalties tha.pdf
Determine the amount of the late filing and late payment penalties tha.pdf
 
Business Law Joe entered into partnership with two others in the esta.pdf
Business Law  Joe entered into partnership with two others in the esta.pdfBusiness Law  Joe entered into partnership with two others in the esta.pdf
Business Law Joe entered into partnership with two others in the esta.pdf
 
An agricultural scientist wishes to quantify the relationship between.pdf
An agricultural scientist wishes to quantify the relationship between.pdfAn agricultural scientist wishes to quantify the relationship between.pdf
An agricultural scientist wishes to quantify the relationship between.pdf
 
1-State Kuwait Internal and external debt and their change rate - for.pdf
1-State Kuwait Internal and external debt and their change rate - for.pdf1-State Kuwait Internal and external debt and their change rate - for.pdf
1-State Kuwait Internal and external debt and their change rate - for.pdf
 

Recently uploaded

Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
Wasim Ak
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
Sandy Millin
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
EverAndrsGuerraGuerr
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
thanhdowork
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
chanes7
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
Group Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana BuscigliopptxGroup Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana Buscigliopptx
ArianaBusciglio
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
Thiyagu K
 
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
goswamiyash170123
 
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
NelTorrente
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
Levi Shapiro
 
Landownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptxLandownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptx
JezreelCabil2
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
MysoreMuleSoftMeetup
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
TechSoup
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
ak6969907
 
Assignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docxAssignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docx
ArianaBusciglio
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
tarandeep35
 
Top five deadliest dog breeds in America
Top five deadliest dog breeds in AmericaTop five deadliest dog breeds in America
Top five deadliest dog breeds in America
Bisnar Chase Personal Injury Attorneys
 

Recently uploaded (20)

Normal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of LabourNormal Labour/ Stages of Labour/ Mechanism of Labour
Normal Labour/ Stages of Labour/ Mechanism of Labour
 
2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...2024.06.01 Introducing a competency framework for languag learning materials ...
2024.06.01 Introducing a competency framework for languag learning materials ...
 
Thesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.pptThesis Statement for students diagnonsed withADHD.ppt
Thesis Statement for students diagnonsed withADHD.ppt
 
A Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptxA Survey of Techniques for Maximizing LLM Performance.pptx
A Survey of Techniques for Maximizing LLM Performance.pptx
 
Digital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion DesignsDigital Artifact 2 - Investigating Pavilion Designs
Digital Artifact 2 - Investigating Pavilion Designs
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
Group Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana BuscigliopptxGroup Presentation 2 Economics.Ariana Buscigliopptx
Group Presentation 2 Economics.Ariana Buscigliopptx
 
Unit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdfUnit 8 - Information and Communication Technology (Paper I).pdf
Unit 8 - Information and Communication Technology (Paper I).pdf
 
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdfMASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
MASS MEDIA STUDIES-835-CLASS XI Resource Material.pdf
 
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
MATATAG CURRICULUM: ASSESSING THE READINESS OF ELEM. PUBLIC SCHOOL TEACHERS I...
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...
 
Landownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptxLandownership in the Philippines under the Americans-2-pptx.pptx
Landownership in the Philippines under the Americans-2-pptx.pptx
 
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
Mule 4.6 & Java 17 Upgrade | MuleSoft Mysore Meetup #46
 
Introduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp NetworkIntroduction to AI for Nonprofits with Tapp Network
Introduction to AI for Nonprofits with Tapp Network
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
 
Assignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docxAssignment_4_ArianaBusciglio Marvel(1).docx
Assignment_4_ArianaBusciglio Marvel(1).docx
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
S1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptxS1-Introduction-Biopesticides in ICM.pptx
S1-Introduction-Biopesticides in ICM.pptx
 
Top five deadliest dog breeds in America
Top five deadliest dog breeds in AmericaTop five deadliest dog breeds in America
Top five deadliest dog breeds in America
 

Inventory information for Part 311 of Splish Corp- discloses the follo (1).pdf

  • 1. Inventory information for Part 311 of Splish Corp. discloses the following information for the month of June. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the value of the ending inventory at LIFO? The ending inventory at LIFO Assuming that the perpetual imventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the imventory is valued at FIFO? Gross profit (FIFO)