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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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Monopolistic competitors in the food industry, acting in their own self-interest, will often include a recyclable symbol on pack
anygoal [31]

Answer:

Differentiate their products

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants

A monopolistic firm in the food industry acting in their own self-interest, will often include a recyclable symbol on packaging used for their product to Differentiate their products. This is meant to communicate to consumers that they are different from other firms in the industry

5 0
3 years ago
Which of the following characteristics apply to unit investment trusts? I) Most are invested in fixed-income portfolios. II) The
sweet-ann [11.9K]

Answer:

I) Most are invested in fixed-income portfolios.

IV) The portfolio is fixed for the life of the fund.

Explanation:

Unit investment trusts is one in which Pools of money is invested in a portfolio which is fixed for the life of the fund. This is generally stocks and bonds which are redeemable units to investor for specific time. These investment portfolio have no board of directors. This is a type of mutual fund which offers investors having fixed portfolio of securities having definite life.

3 0
3 years ago
Granite Enterprises acquired a patent from Southern Research Corporation on January 1, 2021, for $4.1 million. The patent will b
Artemon [7]

Answer:

the patent amortization expense for the year 2021 is $231,000

Explanation:

The computation of the patent amortization is shown below:

= (Acquired value of the patent - ending value) ÷ legal life

= ($4,800,000 - $180,000) ÷ 20 years

= $231,000

We simply applied the above formula so that the correct value could come

Hence, the patent amortization expense for the year 2021 is $231,000

7 0
2 years ago
About three hours after he falls asleep, Bobby often sits up in bed screaming incoherently. Hismother tries to awaken him, but w
Alla [95]

Answer:

A. Night Terrors

Explanation:

Night terrors also known as sleep terrors are occurrences similar to nightmares involving intense screaming, intense fear, crying and thrashing while still sleeping. It is also often accompanied with sleep walking and all these while the person is still unconscious or in deep sleep.

The episodes often begin with screams and shouts, followed by sitting up on the bed with eyes wide open, heavy sweats, dilated pupils and heavy breathing among others.

Most times as well, the person who suffers from night terrors would have little or no memory of the event by the next morning.

Night terrors should be reported to medical practitioners if it continues for a long time, happens frequently and the safety of the victim is becoming a concern from aggressive episodes of thrashing and violent behavior.

If Bobby's episodes become more frequent and more violent, then Bobby's mother should report the case to a certified medical practitioner.

6 0
3 years ago
Cool People Publications focuses their marketing efforts on reaching African-American teenage girls. The firm believes that they
Vinil7 [7]
The answer would be : B. Target Marketing

In Target Marketing, the firm planned to expose and delivered to a specific group of people called 'target group' ( this group of people usually have a same characteristic such age, gender, wage level, life style, etc). In this case, the target group is African-American teenage girls
7 0
3 years ago
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