Question: Question 10 4.75 pts 50 Given the following data, what is the gross profit as determined under the FIFO method if Sally Beauty Supply LLC

Question 10 4.75 pts 50 Given the following data, what is the gross profit as determined under the FIFO method if Sally Beauty Supply LLC sold 150 bottles of shampoo for $19 per bottle? Information Number of Unit Cost Units Beginning Inventory on 1/1 $7 Inventory Purchases on 1/5 $10 Fill in the blank with your calculated number. DO NOT include commas. S signs, period. decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 150 Question 9 4.75 pts A New York Yankees purchased a work truck for $24,000 on 1/1. The truck is expected to have a 3 year life and last 100,000 miles with a salvage (residual) value of $5,000. The truck was driven 25.000 in year 1. If the New York Yankees use the activity based method to calculate depreciation expense, how much would the depreciation expense be for the first year of use? Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only Input: 24123
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