请用大神用经济学原理帮忙解答一下题目
请用大神用经济学原理帮忙解答一下题目
John Stone is retailer. He purchases andsells one product. The selling price is 75 pounds each product. Suppose thestandard price is 35 pounds and the price variance taken on purchase. Stock inhand, 1st January, 20 units, which were purchased for 30 poundseach. Purchase in the 3 months ended 31th March were:
10 Feburary, 30 unts for 32 pounds each;
15 March , 40 unts for 40 pounds each
Sales made were:
12 January , 13 units
19 Febuary ,16 unts;
22 March, 46 units
Please use First In First Out(FIFO), Last In FirstOut(LIFO) , Weighted Average pricingmethods and Standard price method to calculate the profit.