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.
LPG is the abbreviation of liquefied petroleum gas. It is a mixture of propane and butane. The calorific value of domestic LPG is about 116 MJ/m3 and its flammable limits are approximately 1.8 ï½ 9.5%.The Wobbe Index of LPG is 84.LPG is colourless, odourless, non-toxic, flammable, explosive and heavier than air.he Wobbe Index of town gas is 24. It is colourless, odourless, flammable, explosive and toxic. As town gas is lighter than air (weights approximately 0.52 times the weight of air), it can dissipate in the air easily. For safety reasons, town gas has a special odour added to help detect leaks.