Answer:
the average unit cost: $7.917
Explanation:
I think your question is missed of key information, allow me to add in and hope it will fit the original one.
<em>In its first month of operations, McLanie Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9. Assuming there are 200 units on hand at the end of the period. Calculate average unit cost. (Round answers to 3 decimal places, e.g. 5.125.)</em>
My answer:
Given:
- 1) 300 units at $6, (2) 400 units at $8, and (3) 500 units at $9.
<=> Total units = 300 + 400 + 500 = 1200 units
<=> Total cost: 300*$6 + 400*$8 + 500*$9
= $1,800 + $3,200 + $4,500
= $9500
- As we know that, the average unit cost:
= Total cost / total units
=$9,500 ÷ 1,200 = $7.917
Hope it will find you well.
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Answer:
I would appreciate if my answer is chosen as a brainliest answer the
Answer:
The ending total asset is $3,800
Explanation:
Lisa Inc raises $3,000 of shareholders’ equity. This movement increase the assets, because the $3,000 increase in the shareholders’ equity will affect the asset
Lisa Inc purchases a building worth $300 for cash. Won´t modifies the assets , decrease cash but increase buildings
Lisa Inc takes out a loan for $500 and receives cash. Increase assets (cash) , increase Liabilities (Accounts Payable)
Lisa Inc purchases $300 of inventories, the supplier gives her credit. Increase assets (inventory) , increase Liabilities (Notes Payable)
Asset= $3,000+$500+$300=$3,800
