1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nevsk [136]
3 years ago
9

Determine the ending inventory using the periodic inventory system and the weighted average cost method (rounded to the nearest

cent), assuming that 18 units were sold at a price of $14. Date Item Units Cost Total June 1 Beginning inventory 6 $5 $30 June 12 Purchase 10 6 60 June 18 Purchase 8 7 56 Totals 24 — $146 a.$36.48 b.$109.44 c.$145.92 d.$56.00
Business
1 answer:
zheka24 [161]3 years ago
5 0

Answer:

The ending inventory using the periodic inventory system and the weighted average cost method is $36.48

Explanation:

Weighted Average Method.

The average cost of goods held is recalculated each time a new delivery of goods is received. Issues are then priced out at this weighted average cost.

First Calculate the average cost per unit

average cost per unit = Total cost / total units

                                     = ($30 + $60 + $56) / 24

                                     = $6.08

Then calculate ending inventory cost

ending inventory cost = units at hand × average cost per unit

                                     = 6 units × $6.08333

                                     = $36.48

Conclusion :

The ending inventory using the periodic inventory system and the weighted average cost method is $36.48

You might be interested in
Do you think individuals should be able to open companies anonymously? Why or why not?
adoni [48]
Well im stuck in the middle so ill give you to reasons 


why i think they shouldnt be able to:
cuz they might wanna open it just as a scam and might try scamming and/or harming others



why i think they should be able to:
if they have a great idea and can prove its not a scam then im all for it ppl should be able to share and give their idea's to the world no matter howw far fetched they may seem 

also ur question requiers an opinion so it should be what YOU  think not just what others think :) in this type of question it would be best to go with ur own answer cuz there is no right or wrong anyways have a nice day :)
8 0
4 years ago
1. define the forming stage and list four activities that happen in this stage
viva [34]

Answer:

  1. The forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. A member who asserts authority or is knowledgeable may be looked to take control.
  2. It can be a petty clash of personality or an incompatibility in communication styles. Or it could be something more serious, such as a disagreement about the team's goals. It could even exhibit itself as one team member accusing another of not pulling their weight in the project.
  3. Tuckman (1965) identified four stages of team development including Forming, Storming, Norming, and Performing. This widely referenced early work continues to provide a useful model for understanding the dynamic nature of the evolution of teams.
  4. Stage 1: Forming. Feelings. ...
  5. Stage 2: Storming. Feelings. ...
  6. Stage 3: Norming. Feelings. ...
  7. Stage 4: Performing. Feelings. ...
  8. Stage 5: Termination/Ending. Some teams do come to an end, when their work is completed or when the organization's needs change.
4 0
3 years ago
The LookGood BePopular (LGBP) Clothing Company embarked on a new advertising campaign in which a group of young beautiful people
Vlad [161]

Answer:

The correct answer is the option A: causes demand for LGBP Clothing to be less elastic.

Explanation:

To begin with, due to the fact that the content shown in the advertisement tends to be pretty good due to the people having fun with the company's clothes then the customers will picture themself in that same situation wearing the clothes of the firm, therefore that they will tend to buy more products of the company and by doing that the price elasticity of demand will decrease due to the fact that now the goods will be more needed by the people due to the advertisiment.  

4 0
3 years ago
Match the association type with the person that best fits the description: opportunistic association a. your favorite teacher b.
wariber [46]

I believe the answer is: d. the man you met while walking your dog

Opportunistic association refers to an association that is formed that you met by small chance when you are doing your daily activities. Meeting that specific man when walking your dog could only occurs in small chance if you both somehow decided to pass the roads at the same time.

8 0
4 years ago
Read 2 more answers
To avoid channel conflict resulting from Internet selling, a company should Multiple choice question. charge prices for online d
lesya [120]

Answer:

work with dealers to design an online sales portal that benefits both partners.

Explanation:

e-commerce is a short for electronic commerce and it can be defined as a marketing strategy that deals with meeting the needs of consumers, by selling products or services to the consumers over the internet.

This ultimately implies that, e-commerce is strictly based on the buying and selling of goods or services electronically, over the internet or through a digital platform. Also, the payment for such goods or services are typically done over the internet such as online payment services.

Simply stated, e-commerce is the act of engaging in internet selling.

In order to avoid channel conflict resulting from Internet selling, a company should work with dealers to design an online sales portal that benefits both partners i.e the online portal would focus on bridging the gap between the producer (company) and the consumers, as well as balancing the demand and supply of goods and services.

6 0
3 years ago
Other questions:
  • The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
    15·1 answer
  • Sanchez borrowed money from Fifth National Bank to buy a car. She defaulted on the loan. Fifth National hired Rex's Recovery Ser
    13·1 answer
  • A company is contemplating investing in a new piece of manufacturing machinery. The amount to be invested is $210,000. The prese
    9·1 answer
  • What do you do in free time to help yourself be better person?​
    11·1 answer
  • Build interest in your sales message by developing your central selling points with rational, emotional, or dual appeals. Ration
    7·1 answer
  • ________ is advisable for all marketing communications to ensure that messages will be decoded properly. Use of an observable re
    6·1 answer
  • Econ Questions : 1. How do member banks of the Federal Reserve differ from other depository institutions? They participate in th
    9·1 answer
  • An educational software company wants to compare the effectiveness of teaching about supply and demand curves between computer a
    9·1 answer
  • At the end of May, the following adjustment data were assembled.
    13·1 answer
  • Accounts Randall Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various ag
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!