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Alinara [238K]
3 years ago
12

Skysong, Inc. reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 250 $5 $ 1,250 12 Purchas

e 500 9 4,500 23 Purchase 375 11 4,125 30 Inventory 125 Calculate Weighted Average Unit Cost
Business
1 answer:
ziro4ka [17]3 years ago
5 0

Answer:

Weighted average unit cost =  $8.78

Explanation:

<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received. or every new batch received the average cost per unit is re-computed by dividing the total value of stock by the outstanding number of units.</em>

The explanation is completed using calculation below:

Total value of stock = (250× $5)   +  (500×$9) + (375 × 11)  = $9,875

Total units of stock = 250 + 500 + 375 = 1,125  units

Weighted average unit cost = Total value of stock / total units of stock

                                        =  $9875 / 1125 units = $8.78

Weighted average unit cost =  $8.78

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Answer: 1. b. A stock's intrinsic value is based on true risk in the company.

2. a. A company that has been distributing a portion of their earnings every quarter for the past six years

Explanation:

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2. The Dividend discount model of stock valuation relies heavily on dividends bein gdistributed to calculate stock price. The formula requires that the dividend of the next period be divided by the rate of return minus the growth rate. A company that is paying no dividends therefore cannot use this model to calculate stock value which is why the first option is correct.  

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7 0
3 years ago
Y he half glasses???
vovikov84 [41]

Answer:

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Explanation:

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3 0
3 years ago
PB9.
Drupady [299]

Answer:

transferred out  = 1550 units

Explanation:

given data

beginning WIP inventory = 600 units

received = 1,500 units

end of month with process =  550 units

to find out

transferred out

solution

we get here transferred out by the given equation that is

Units in Work in process at the end of the month = Beginning WIP inventory + Units receive or started - transferred out   ..................1

put here value we will get

550 = 600 + 1500 - transferred out  

transferred out  = 1550 units

5 0
3 years ago
Huong is opening an international food store. Though her products will span the globe, she wants to focus on items from the Midd
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Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The c
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Answer:

Non-controlling interest in net income decreased would have by $6,000

Explanation:

The computation of net income is shown below:-

Profit on Intra-Entity Sales = Revenue - Cost of goods sold

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Adjustment to Net Income × 40% for Non-controlling Interest

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Net profits will go decline by $6,000

8 0
3 years ago
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