Lionworks Enterprises had the following inventory data: D…

Lionworks Enterprises had the following inventory data: Date   Quantity Unit Cost July 1 Beginning inventory 5 $50 July 4 Purchase 10 $60 July 11 Purchase 5 $70                 Assuming the company is using Weighted Average and that they sold 10 units during July.What is the Ending Inventory for the month of July?

The following totals for the month of April were taken from…

The following totals for the month of April were taken from the payroll records of Metz Company.Salaries$90,000FICA taxes withheld from employees6,885Income taxes withheld from employees19,800Employee insurance deductions (private insurance)3,600Federal unemployment taxes720State unemployment taxes4,500The accrual of employer’s payroll taxes would include a(n)