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.
To learn more about Cost of the ending inventory refer to:
brainly.com/question/24868116
#SPJ4
The price elasticities of demand of sugar-free gummy bears and of ordinary gummy bears is -0.8 and -2.3 respectively.
<h3>How to calculate price elasticity</h3>
Change in price of gummy bears = $2. 60 to $3
Elasticity of demand of sugar-free gummy bears =
[(273-379 / (273+379)/2] ÷ [(3.00-2.60)/(3.00+2.60) / 2]
= [-18/166] / [0.4/2.8]
= -0.10843373493975 / 0.14285714285714
= - 0.75903614457826
Approximately, -0.8
Elasticity of demand of regular gummy bears:
Sugar free = [(273-379) / (273+379)/2] ÷ (3.00 +2.60) / 2]
= [-106/326] / [0.4/2.8]
= -0.32515337423312 / 0.14285714285714
= -2.2760736196318
Approximately, -2.3
Learn more about price elasticity:
brainly.com/question/24961010
Answer:
depends how perceptible a person is and if they are influenced easily
Explanation:
Answer:
It will change weather patterns and destroy ecosystems.
Explanation:
Carbon dioxide, while not being the most power, is the most common greenhouse gas. A greenhouse gas helps to trap longwave radiation from leaving the Earth’s atmosphere and is enhancing global warming. We say enhanced global warming due to the Earth warming through natural reasons too. Several changes occur due to this temperature increase. Sea ice melting causes freshwater to enter the sea. An increase in sea levels can cause coastal flooding, increased erosion and a higher frequency and power of storms. Water density is linked to salinity. By introducing more freshwater the salinity decreases in the north and south of the Earth. If the oceanic currents change this will cause the weather to become more extreme during seasonal changes in many regions around the world. While humans can adapt their living conditions to suit the climate, many animals and plants can not. Therefore, enhanced global warming will cause the loss of many ecosystems around the world, including coral reefs.
