Davis & Simpson, a distributor, purchased kitchen shears from different manufacturers.

September 3 700 @ $7.30

September 18 300 @$7.62

September 12 1,200 @ $6.90

September 28 500 @$7.41

The beginning inventory was 160 units with a unit value of $6.85 . Use LIFO to find the value of the ending inventory of 300 units.

Lyle LeBlanc completed his first month of work at a restaurant. He was paid $7. 75 an hour for the 118 hours he worked. Lyle received a$25 loyalty bonus for staying with the restaurant for at least one month. The restaurant paid FICA taxes of 7.65 % , FUTA taxes of 6.2 % , and SUTA taxes of 2.1 % on Lyle's wages. What was the total cost of employing Lyle for one month?

Find the markup and markup rate.

Which equation has the same graph as $y=-\cos t ?$ A. $y=\cos (-t)$ B. $y=\sin (t-\pi)$ C. $y=\cos (t-\pi)$ D. $y=-\sin t$

Amy Hearns' bicycle shop regularly sells a racing bike for $1,285. At the end of the season, Amy reduces the price of the bike to$1,050. What is the rate of markdown, to the nearest percent?

Helmut Nemzek received a COLA of 2.3 % on his weekly gross wages of $760. How much will Helmut earn per week after the pay increase?

A company hired Joanna Neech through an executive recruiter. The recruiter's fee was 26% of all money paid to Joanna in her first year of employment. Joanna agreed to a salary of $65,000 a year. She alsowas paid an$11,000 signing bonus. What was the cost of using the recruiter?

The Keller Company runs a newspaper employment ad each Sunday. The ad should cost $1,400 a day. Because of the number of ads it runs, Keller receives a 22 % discount off the usual price. What is the cost for Keller to run ads for one year?

On average, Parts Source, a wholesaler, sells 28 electric motors a day to repair shops. It takes six days for Parts Source to get new motors from a manufacturer. Safety stock is $1 \frac{1}{2}$ times the daily motor sales. What is the reorder point?

A wholesaler showed a stock balance of 812 units of WT-45 electric shavers on Nov. 1. WT-45 shavers were shipped to retailers on these dates: Nov. 2, 415 units; Nov. 12, 570 units; and Nov. 28, 605 units. The wholesaler received 900 shavers from a manufacturer on Nov. 10. What was the stock record balance of shavers on Nov. 30?

Becky Dressler earns $\$ 42,000$ a year. The benefits her employer pays in taxes include $7.65 \%$ FICA tax and a combined FUTA and SUTA tax of $7.1 \%$ of the first $\$ 8,000$ of income. Becky also receives medical benefits worth $\$ 3,890$ a year. Her employer pays $3.4 \%$ of her annual pay into a retirement program. What is the employer's total cost of providing these benefits?

Kruse Products, Inc. shared 15 % of its $2,000,000 profit with its 120 hourly employees. What was the total amount of profit shared? What was each employee's share?

A hardware chain 's total annual sales were estimated to be $5,200,000 out of a total of$18,000,000 in estimated sales of all hardware stores in an area. What market share does the chain have, to the nearest tenth percent?

An invoice for $3,410 dated November 6 has terms of 2/ 10, 1/ 20, n/60. What is the amount of the cash discount and cash price if the invoice is paid on November 23?