The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.
<h3>
How is the cost of discontinuing inventory calculated?</h3>
- The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
- In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
- The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
- Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.
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Culture trait : A culture trait is the learned system of beliefs, values, traditions, symbols and meanings that are passed from one generation to another within a specific community of people.
The least unit of culture is called the culture trait.
Hence the answer is FALSE.
In South Korea people play the biggest role
Answer:
0.67038
Explanation:
One z-value is negative and the other is positive.
This means we are looking for area between the two given z-values on opposite sides of the mean.
From z-table attached, the area at z = -2.31 is 0.98956
Also, from the second z-table attached, the area at z = 0.47 is 0.68082
But since we are looking for the area between both z-scores, we will now have;
P(-2.31 < x < 0.47) = (0.98956 + 0.68082) - 1
P(-2.31 < x < 0.47) = 0.67038
Recent data show that phenotypic variation categories such as skin color or facial form most often used to define race.
<h3>What is phenotypic variation?</h3>
Phenotypic variation can be defined as the difference in the observable characters or attributes (phenotypes) of each organism in a specific population such as:
Based on recent data from scientific research, phenotypic variation categories such as skin color or facial form most often used to define race.
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