Maxwell Inc acquires land for $86,000 cash. Additional costs…

Maxwell Inc acquires land for $86,000 cash. Additional costs are as follows: Removal of shed                                       $    300 Filling and grading                                       1,500 Salvage value of lumber of shed                    120 Broker commission                                      1,130 Paving of parking lot                                  10,000 Closing costs                                                  560 Hull will record the acquisition cost of the land as…

The nurse has assessed a client’s morning blood glucose. The…

The nurse has assessed a client’s morning blood glucose. The blood glucose is 389 mg/dL at 0900. The healthcare prescription includes the following insulin sliding scale.  How many units of insulin should the nurse administer? Do not provide the unit of measurement. Only provide the number. Finger Stick Blood Glucose Results (mg/dL)    Regular Insulin Dosage    500    10 units of Regular Insulin subcutaneous and Call M.D.      

James Inc. purchased equipment and these costs were incurred…

James Inc. purchased equipment and these costs were incurred: Cash price                                             $65,000 Sales taxes                                               3,600 Insurance during transit                               640 Installation and testing                                 860 Total costs                                            $70,100 Presto will record the acquisition cost of the equipment as…

Effie Company uses a periodic inventory system. Details for…

Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2015 are as follows:                                                            Units              Per unit price        Total Balance, 1/1/15                                  200                     $5.00           $1,000 Purchase, 1/15/15                              100                       5.30                530 Purchase, 1/28/15                               100                       5.50                550   An end of the month (1/31/15) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?