Answer: Inventory on after sale = 4 x $560 = $2240
Explanation:
Value of Inventory under Periodic weighted average costing method is calculated at the end of the period by adding all purchases costs and divide the total by number of units. the major draw back of this inventory costing system is that inventory books are only updated once a year.
first purchase: 1 diamond = $500
second purchase: 2 diamonds = $550 x 2 = $1100
third purchase : 2 diamonds = $600 x 2 = $1200
total purchases = 500 + 1100 + 1200 = 2800
Total units = 5
Weighted average cost per unit = total cost/total units = 2800/5 = $560
1 diamond was sold, therefore the are 4 diamonds on hand
Inventory on hand after sale = 4 x $560 = $2240
Answer:
Range is : (0, 0.1x)
Explanation:
Problem has no information about amount of salary, so I will just use 'x' and 'y'.
Problem says that vehicle payment should be no more than 10% of gross monthly salary. This means that vehicle payment (Y) equals to 0.1 (10%) multiplied by gross monthly salary, which is stated as 'X'.
From this y = 0.1 X;
Next, if we want to identify range of payments: (0; 0.1X).
This means that any amount of money between 0 and 0.1X is acceptable.
What are your multiple choice
Answer:
True
<h3>
What is an Information system?</h3>
- An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
- They also support the coordination, supervision, analysis, and visualization of an organization.
To learn more about it, refer
to brainly.com/question/25689052
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When starting a lawn care business, the much needed land resource is capitol
