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ANEK [815]
2 years ago
8

Assume that wally world uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the a

verage cost per unit on hand as of june 30 when it made its second sale.
Business
1 answer:
SVEN [57.7K]2 years ago
6 0

Based on the number of sales that Wally World had, the average cost per unit on hand on June 30 is $15.38.

<h3>What is the average cost per unit on hand?</h3>

After the first sale, the balance was:

= (10 x 12) + (10 x 15) - (6 x 13.50)

= $189

Then 10 more units were purchased which took the average units to:

= (189 + (10 x 18) ) / 24 units remaining after first sale

= 369 / 24

= $15.38 per unit

The rest of this question is:

6/1- BI 10 at 12

6/5: purchase 10 at 15

6/8 sale 6 units

6/28 purchase 10 at 18

Jne 30 sale 8 units

Find out more on the weighted average inventory system at brainly.com/question/16901422.

#SPJ1

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I think it is d. none are correct
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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year
RUDIKE [14]

The amount of discount that has to be included in Francis's income is 0.

<h3>How to solve for the discount amount</h3>

The amount of the discount - sales price

= 300 - 250

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Next we solve for the gross profit as

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= 300 x 30%

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Given the amounts that we have here we have to conclude that the amount to be included in the account is 0

Read more on what a discount is here:

brainly.com/question/9841818

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Assess your individual capability for project teamwork. Tell why you feel you are strong in certain capabilities, and give strat
Dominik [7]

Answer:

my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity

Explanation:

I am strong in certain capabilities because of my ability to think outside. To do this, some of my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity and avoiding instances of associated with crisis during work and an open policy system.

In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.

8 0
3 years ago
Daube Company's operations for the month of July are summarized as follows: Provided $8,600 of services on account. Received $3,
Norma-Jean [14]

Answer: See explanation

Explanation:

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Less: Expense = $1200

Net Income = $10000 - $1200 = $8800

b. Determine the net income for July using the accrual basis of accounting.

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Net income = $12400 - $1300 = $11100

8 0
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Gere Furniture forecasts a free cash flow of $40 million in Year 3, i.e., at t = 3, and it expects FCF to grow at a constant rat
LenKa [72]

Answer:

Option (A) is correct

Explanation:

Given that,

Free cash flow in Year 3, FCF3 = $40 million

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Cost of equity = 15%

Therefore,

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=\frac{FCF3(1+g)}{(WACC-g)}

=\frac{40(1+0.05)}{(0.10-0.05)}

=\frac{42}{0.05}

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