The weighted average unit cost is $10.61.
The cost of goods sold on October 29 is $2,122.39.
The inventory on October 21 is $3138.
<h3>What is the average weighted cost?
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The weighted cost of goods sold = [(310 x 9) + ($12 x 360)] / (360 + 310)
(2790 +4320) / 670
7,110 / 670 = $10.61
Cost of the goods sold on October 29 = average unit cost x number of goods sold
$10.61 x 200 = $2,122.39
Inventory on October 21 = ending inventory x average cost
ending inventory = total inventory - total inventory sold
- total inventory = 310 + 360 = 670 units
- total inventory sold = 170 + 200 = 370 units
- ending inventory = 670 - 370 = 300 units
Inventory on October 21 = 300 units x 10.61 = $3,183
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Answer:
If a bank lends $10 for every $1 of capital reserves it will have a capital leverage ratio of 1/10 = 10% Globally it is required that this ratio is at least 3%, according to the Basel III Basel III Basel III is a regulatory framework designed to strengthen bank capital requirements while also mitigating risk.
Explanation:
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Answer:
a.
Explanation:
The main difference between these two types of decisions is that unlike nonprogrammed decisions, programmed decisions are made in response to recurring organizational problems. That is because programmed decisions are decisions that are made based on an already created guideline or procedure due to the problem occurring various times before.
Answer:
GDP in 2008 is $500 billion
Explanation:
Based on the information provided within the question it can be said that in this scenario we can conclude that the Gross Domestic Product (GDP) in the year 2008 is of $500 billion dollars. That is because the gross domestic product calculates the monetary value of all the goods and services that were produced within the nation's borders.
