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Q: When were the first pair of blue jeans sold?
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What price were the first pair of Levi Strauss Jeans sold for?

I had a professor the other day say the first Levi's cost $600 the equivalent of $12,000 dollars today. He could have been full of it, I'm not sure.


Oscar has purchased a pair of shoes that originally sold for 60 How much did he save if the shoes were marked 30 percent off?

18.00 or 18 (A+)


Is a new home purchase counted in GDP?

They are sold multiple times after the first ear they are built


How to take inventory using FIFO method?

FIFO stands for First-in-First-out, this means any merchandise that comes in first will be sold at that specific price first. For example, say I have candy bars, I have 50 on hand that cost me 85 cents, I later purchased 50 more that cost me 1.00. When I sale my products, say I sold 75, my inventory would go like this to figure out what I have on hand.My original inventory is50 @ .85 = 42.5050 @ 1.00 = 50.00Total ______92.50Since I sold 75 bars total and I'm using FIFO, that means the first ones I purchased go out first....50 @ .80 = 42.5025 @ 1.00 = 25.00Total______ 67.50This leaves us on hand25 @ 1.00 = 25.00


With inflation what are the implications of using LIFO and FIFO inventory methods and how do they affect the cost of goods sold?

LIFO inventory valuation assumes the latest purchased inventory becomes part of the cost of goods sold, while the FIFO method assigns inventory items that were purchased first to the cost of goods sold. In an inflationary environment, the LIFO method will result in a higher cost of goods sold figure and one that more accurately matches the sales dollars recorded at current dollars.

Related questions

How much were the first pair of Levi Strauss jeans?

Levi-Strauss sold their first pair of blue jeans for $6.00 worth of gold dust.


How much money did Levi Strauss get when he sold his first pair of jeans in 1850?

$1.25


Who first sold jeans?

Levis


What price were the first pair of Levi Strauss Jeans sold for?

I had a professor the other day say the first Levi's cost $600 the equivalent of $12,000 dollars today. He could have been full of it, I'm not sure.


Why blue jeans appear blue?

Blue dye. The blue colored dye, indigo, was a commonly available and popular dye in India back in the old days, the 1600s, when dungarees were first sold to European sailors. When the similar fabric, denim, was created in France and Italy in the 1700's they stuck with indigo. The term "jean" is a corruption of the city of Genoa, Italy, where blue denim was first made.


How many blue jeans sold in US each year?

There are somewhere around 500 million pairs of jeans sold in the United States each year. One of the best known brands of jeans in the US is Levi's. Levi Strauss and Co. , was founded in 1853.


Where can you find canyon river relaxed fit blue jeans in a size 36 inseam 29?

Canyon River blue jeans are sold at discount retailers. You can often find this brand of jeans in the men's department of such stores.


Where are jeans sold?

jeans are sold at many stores like walmart and at the mall mosly any store


Where are sisley jeans from?

France, Sisley Blue Jeans were imported to U.S. and sold to boutiques in the 70's, such as Ladigo of London in Columbia Missouri. The six pocket model was the best selling @$45.00


Shaver Lake blue jeans is the brand sold by Gottschalks could this same blue jean also be sold under another name in a different store?

I would love to have the answer to this question. The stores never have the zippered front with the elastic sides.


Where is chams jeans sold?

Fred's


How much are Pinkie and Blue Boy figurine's worth they are limited edition KW 387?

On Ebay a pair of them sold for $95.00