1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lana [24]
3 years ago
11

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:August 2 10 units w

ere purchased at $12 per unit.August 18 15 units were purchased at $14 per unit.August 29 12 units were sold.What is the amount of the cost of goods sold for this sale? (Roun
Business
1 answer:
mel-nik [20]3 years ago
5 0

Answer:

COGS= $158.4

Explanation:

Giving the following information:

August 2: 10 units were purchased at $12 per unit

August 18: 15 units were purchased at $14 per unit

August 29: 12 units were sold.

First, we need to calculate the weighted-average purchasing price:

weighted-average purchasing price= [(10*12) + (15*14)]/25

weighted-average purchasing price= $13.2

COGS= 12*13.2= $158.4

You might be interested in
Jose has a limited Google Ads budget, and his ads aren’t showing as often as he wants. How might he improve results without spen
Basile [38]
Show me some things first
8 0
3 years ago
Which security method involves coding your readable emails into a format that is illegible
Natalka [10]
Which security method involves coding your readable emails into a format that is illegible? Cryptography. Businesses and individuals will use cryptography to keep information secret. This makes it hard for people who want to crack information and decode information that they do not have access to.
6 0
3 years ago
Suppose a city that operates local electric and natural gas companies wants to raise revenues by increasing its rates for electr
leva [86]

Answer: Inelastic

Explanation:

Price elasticity could be defined as when the desire for a product changes as it's price changes. When people's desires changes or they are no longer interested as the price for the commodity goes up. Inelastic demand is defined as when the buyers demand does not change or is not influenced as the price of the commodity goes up, rather the demand decreases than increasing. The price rise will increase city revenues if the elasticity of demand for electricity and natural gas is elastic.

7 0
3 years ago
in an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time o
Kruka [31]

In an audit of inventories, an auditor would least likely verify that all inventory owned by the client is on hand at the time of the count.

An auditor no longer assumes all inventories to which the auditee has a name to be available a the date of the depend. A few bought goods may also still be in transit at that time. Additionally, some stock may be on consignment or in public warehouses through properly included in the county.

An audit is an "impartial exam of monetary statistics of any entity, whether or not profit oriented or now not, no matter its size or legal form whilst such an exam is performed so one can explicit an opinion thereon.”

An auditor is a person or a firm appointed with the aid of an employer to execute an audit. to act as an auditor, someone should be licensed by means of the regulatory authority of accounting and auditing or possess sure detailed qualifications.

Learn more about audit here brainly.com/question/24317218

#SPJ4

6 0
2 years ago
Suppose that a cafe enjoys a large increase in customers whenever the jazz club next door features a band playing appealing musi
Stells [14]

Answer:

The answer is "Option 2".

Explanation:

please find the complete question in the attached file.

When a person does have an advantage for many other people’s perspectives, the additional factor is optimistic. The jazz club manager decides to purchase the cafe so that he can truly understand it. It can be accomplished through the integration of various business types. It a single individual formulates from of the situation Strong exogenous shock through the convergence of multiple business forms.

4 0
3 years ago
Other questions:
  • The uncontrollable issue of _____ faced by a company abroad is often amplified by the "alien status" of the company, which incre
    9·1 answer
  • When the current price of an item is greater than the item's market clearing price:_________.
    10·1 answer
  • Which question is an illustration of a macroeconomic question? Multiple Choice a) Is a corporation unresponsive to the demands o
    9·1 answer
  • X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires ​
    8·1 answer
  • Tanner-UNF Corporation acquired as a long-term investment $300 million of 6% bonds, dated July 1, on July 1, 2021. Company manag
    5·1 answer
  • Collection of projects, reports, exams, awards and other evidence of past experience and accomplishments which may serve as a su
    14·1 answer
  • Vincent operates a scenic tour business in Boston. He has one bus which can fit 50 people per tour and each tour lasts 2 hours.
    8·1 answer
  • A goal taking which of these lengths of time to achieve is most likely to be a
    6·2 answers
  • McLaughlin, Inc. acquires 70 percent of Ellis Corporation on September 1, 2018, and an additional 10 percent on November 1, 2019
    13·1 answer
  • Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it f
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!