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NeTakaya
4 years ago
8

Coronado has the following inventory information. July1Beginning Inventory15 units at $20$300 7Purchases90 units at $232070 22Pu

rchases20 units at $25500 $2870 A physical count of merchandise inventory on July 31 reveals that there are 25 units on hand. Using the average-cost method, the value of ending inventory is
Business
1 answer:
Elanso [62]4 years ago
4 0

Answer:

$574

Explanation:

Given:

Beginning inventory 15 units @ $20 = 15 × 20 = $300

Purchases of 90 units @ $23 = 90 × 23 = $2,070

Purchases of $20 units @25 = $500

Total cost = 300 + 2070 + 500 = $2,870

Total units purchased = 15 + 90 + 20 = 125 units

Average cost = Total cost / total units purchased

                     = 2,870 / 125

                     = $22.96

Ending inventory units = 25

As per average cost method, value of ending inventory = 25 × 22.96

                                                                                              = $574

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Two to three times the standard dose should be used.

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<h3>What procedure should be followed when administering drugs via the endotracheal route?</h3>

Medications administered by the endotracheal tube should be administered according to the following procedure:

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7 0
2 years ago
Sheridan Company sells merchandise on account for $6400 to Carla Vista Company with credit terms of 2/10, n/30. Block Company re
Aliun [14]

Answer: $4,508

Explanation:

Companies usually give discounts with credit terms to encourage Receivables to pay faster.

In this scenario, credit terms of 2/10, n/30 were offered which means that if Carla Vista Company pays within 10 days they get a discount of 2% but if they don't they should pay the full amount in 30 days.

They paid within the discount period meaning that they qualify for the discount of 2% but they however returned goods worth $1800.

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8 0
3 years ago
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Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that _
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Answer:

P = Average Total Cost

Explanation:

Because the market is monopolistically competitive market, one can tell that it is in long run equilibirum by the fact that P = ATC at the optimal quantity. Furthermore, the quantity he firm produces in long run equilibrium is less than efficient scale.

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3 years ago
Payment alternatives are part of the ____ phase of the research-based buying process. evaluating alternatives postpurchase activ
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Payment alternatives are part of the Selection & Purchase phase <span>of the research-based buying process. This is the third phase of the process and includes:
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5 0
4 years ago
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If a special sales order is accepted for 3,000 sails at a price of $75 per unit, fixed costs remainunchanged, and there are no a
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Question Completion:

We assume that the variable manufacturing cost is $55 per unit.

Answer:

The change in operating income = $60,000

Explanation:

a) Data and Calculations:

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