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
xxMikexx [17]
3 years ago
9

Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s

ale during the calendar year: Jan. 1 Inventory 10,000 units at $75.00 Mar. 18 Sale 8,000 units May 2 Purchase 18,000 units at $77.50 Aug. 9 Sale 15,000 units Oct. 20 Purchase 7,000 units at $80.25 The firm uses the weighted average cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. Present the data in the form illustrated in Exhibit 6. Round unit cost to two decimal places, if necessary.

Business
2 answers:
mel-nik [20]3 years ago
6 0

The answer & explanation for this question is given in the attachment below.

aksik [14]3 years ago
3 0

Answer:

See the explanation below

Explanation:

See the image below

You might be interested in
Which statement about portfolio diversification is correct?
mario62 [17]

Answer:

C. As more securities are added to a portfolio, total risk typically would be expected to fall at a decreasing rate.

Explanation:

Portfolio diversification gives more security to a portfolio, which expected to results in a decreasing rate of total risk.

The portfolio which is diversified carries the co-variance measure of risk. It has the property of reducing the risk as it diversifies the portfolio to a great extent.

It reduces the overall risk by diversifying the assets i.e. stock , bonds, commodities etc.

Hence, the most appropriate answer is option C.

8 0
2 years ago
Revenue and expense data for the current calendar year for Tannenhill Company and for the electronics industry are as follows. T
Dmitry_Shevchenko [17]

Answer:

Explanation:

A common sized income statement is a method of financial statement that express every line item on a financial statement as a percentage of sale for the ease of financial analysis

                             Tannenhill's              %        Industry average

Revenue               2,480,000             100                  100%

Cost of Goods      1,587,200                64                    70

Gross profit           892,800                  36                  30

Selling expenses    545600                 22                    17

Admin expenses     198400                  8                       7

Total ope. Expe.       744000                30                    24

Ope. Income             148600                 6                      6

Other Revenue          49600                  2                      2

                                   198400                 8                      8

Other Expenses         24800                  1                        1

PBIT                             173600                7                       7

Income Tax                  74400                 3                       5

Net Income                  99200                4                       2

7 0
2 years ago
The need for ______________ can complicate information sharing among emergency personnel.
Yanka [14]

I believe the answer is: Advanced equipment

During emergency situation, many of the personnel would most likely be taken from volunteer groups who do not have affiliation with the federal organizations. Because of this, they would not have as much proficiency in handling advanced equipment like trained personnel.

3 0
3 years ago
Read 2 more answers
How many hours can you work part-time and still collect unemployment?.
Pavel [41]

Answer: To be eligible for partial benefits, you must work at least 80% of the hours required for the employment. If you worked a 40-hour week, for example, you won't be eligible for benefits if you work more than 32 hours.

Explanation: See above.

Have a good day.

8 0
2 years ago
In general, it is a bad move for a company to produce more of a good or service if, by doing so,a. marginal cost exceeds margina
scoray [572]

Answer:

The correct option here is A) marginal cost exceeds marginal revenue

Explanation:

When a company is producing more goods and services, it becomes a bad move because at this point company's marginal cost starts exceeding the marginal revenue , which means with each additional units a company is producing it is losing profit on that unit, so it is better for a company to produce less and try to find that level of output where its marginal cost and revenue are equal because at that level, company would be able to make optimal profits.

7 0
3 years ago
Other questions:
  • The Peridot Company purchased machinery on January 2, 2016, for $800,000. A five-year life was estimated and no residual value w
    14·1 answer
  • Karen is selling carnations at her school during Valentine's week. She purchased 1,000 carnations for $250.00. She is selling ea
    13·1 answer
  • A truck costs​ $316,000 and is expected to be driven​ 116,000 miles during its​ five-year life. Residual value is expected to be
    11·2 answers
  • Groups are select one:
    7·1 answer
  • Which of the following statements about marketing is true? Multiple Choice A marketing exchange focuses on making a single trans
    14·1 answer
  • The cyclical surplus is $450 billion, potential output is $10 trillion and tax rate is 15 percent. With this information, we can
    8·1 answer
  • Matthew Martin, the sole stockholder of Innovation Consulting, started the business by investing $40,000 cash in exchange for co
    5·1 answer
  • An airport in Japan is planning to purchase a parcel of land for building additional executive hangars in five years. The price
    14·1 answer
  • The Federal Reserve System Multiple Choice
    6·1 answer
  • With access to the Internet nearly universal in the United States, many potential market segments have become more perceptive. r
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!