62. total of $240 and used FIFO costing, the gross profit for the period would be a. $65. The LIFO inventory method assumes that the cost of the latest units purchased are c. the first to be allocated to cost of goods sold.aden Shoe Store has a beginning merchandise inventory of $15,000. During the period, purchases were $60,000; purchase returns, $2,000; and freight-in $5,000. A physical count of inventory at the end of the period revealed that $10,000 was still on hand.
PPG Pittsburgh Paints is a registered trademark of PPG Architectural Finishes, Inc. Dulux is a registered trademark of AkzoNobel and is licensed to PPG Architectural Coatings Canada, Inc. for use in Canada only.
PPG, a recognized leader in energy efficient window technologies, has received funding from the Department of Energy (DOE) for a $2.86 million project to develop a fabricate-on-demand manufacturing process for vacuum insulated glazings (VIGs)..S. Department of Energy honors PPG scientists for advances OLED lighting. PPGâs advances are the result of a two-year project initiated with the DOE in 2010 to promote the commercialization and mass production of OLED lighting.