As of April 30, Hawk counts 8 units of merchandise inventory on hand. Compute ending merchandise inventory and cost of goods sold for Hawk using the FIFO inventory method.
The periodic inventory records of Hawk Dental Supply indicate the following for the month of April:
Ending Merchandise Inventory: 8 units × $40 = $320
Cost of goods available for sale:
Cost of Goods Sold:
Cost of Goods Available for Sale $ 1,562
Less: Ending Merchandise Inventory 320
Cost of Goods Sold $ 1,242
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An administrator at Lakeside Middle School is interested in examining the probability of a child being late to school. The child is categorized as either late or not late. What type of distribution should the school use to examine this issue?
A. Binomial distribution B. Normal distribution C. Exponential distribution D. Poisson distribution
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a. True b. False Indicate whether the statement is true or false