Answer:
$6898.50
Step-by-step explanation:
Cost price of one book = $10.95
Question says 630 friends bought her books.
And asks for total sales she made.
So we multiply cost of one book with the number of customers , it will give us the total sales.
So
Total sales = $10.95 * 630 = $6898.50
Total sales = $6898.50
Answer:
6.7 times 6.7
Step-by-step explanation:
Answer:
The theoretical probability is 1/2 and the experimental probability is 4/5
If you want them to be closer alike the you would need to do more trials
Answer:
10.44
Step-by-step explanation:
The weighted average cost per unit method seeks to get the cost of goods sold as an average of all cost of goods in the inventory as at the time of sales.
Part of its objective is to strike a balance between the (FIFO and LIFO) inventory valuation methods.
Beginning inventory ( Jan) = 10 units
Cost of beginning inventory per unit = $10
Total cost of beginning inventory = Cost * Number of units
In this case (10*$10) = $100
Additional purchase (Jan 5) = 8 units
Cost of additional purchase per unit = $11
Total cost of additional purchase = 8 * $11 = $88
Weighted average cost per unit at the time 11 units are sold on January 7 = Total cost of units at that time / number of units available at that time.
= ($100+ $88) / (10+8)
= 188/18
=10.44 (approximated to 2 decimal places)
I hope this helps make the concept clear.
