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zzz [600]
3 years ago
11

Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company

purchased inventory items as follows: Purchase No. of Items Cost 1 200 $ 9.00 2 150 $ 9.30 3 50 $ 10.50 Glasgow sold 220 units after purchase 3 for $17.00 each. What is Glasgow's ending inventory under weighted-average (rounded)?
Business
1 answer:
Citrus2011 [14]3 years ago
3 0

Answer:

The cost of ending inventory is $2340

Explanation:

Under the weighted average method of inventory valuation, we value the ending inventory based on the weighted average of all the available inventory for the period. The inventory available for the period includes the beginning inventory plus the purchases for the period.

The weighted average cost of inventory can be calculated by adding the total cost of available inventory and dividing it by total number of units of available inventory.

The weighed average cost of inventory per unit for Glasgow is,

Total cost = 80 * 7.5 + 200 * 9 + 150 * 9.3 + 50 * 10.5  =  $4320

Total number of units = 80 + 200 + 150 + 50  = 480 units

Weighted average cost per unit = 4320 / 480  =  $9 per unit

The units of ending inventory are = 480 - 220 = 260 units

The cost of ending inventory is = 260 * 9 = $2340

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The following data are for a series of increasingly extensive flood-control projects.
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Answer:

$28,000 and $12,000, respectively

Explanation:

Marginal cost = incremental cost from Plan C to Plan D

= total cost (plan D) - total cost (plan C)

= 72,000 - 44,000 = $28,000

Marginal benefit = incremental benefit from Plan C to Plan D

= total benefit (plan D) - total benefit (plan C)

= 64,000 - 52,000 = $12,000

Therefore marginal cost and benefits for Plan D = $28,000 and $12,000, respectively

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3 years ago
During an exit interview, a manager discovers that the reason an employee is resigning is because of unlawful harassment from a
natka813 [3]

Answer:

See explanation below for answer.

Explanation:

The manager should embark on an investigation, in order to get to the bottom of the matter. The accusation must be treated seriously in order to make sure that the root cause of the problem is established, this will be done with the details of the harassment that the employee provides.

Also, the witnesses that the employee has mentioned must be questioned in order to establish the facts of the issue. The matter must be treated with the utmost urgency, in order to stop the issue from repeating itself, because this will affect the productivity of the affected employees if left unchecked.

7 0
3 years ago
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Suppose that you are an orange grower. Would you expect the demand for your
aksik [14]

It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.

It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.

In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.

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brainly.com/question/25585026

8 0
2 years ago
Identify the principle of internal control to each of the following cases. 1. Cash is locked in a safe overnight. select princip
ivann1987 [24]

Answer:

1. Physical control

2. Segregation of duties

3. Pre-numbered documents

4. Segregation of duties

5. Establishment of responsibility

Explanation:

1. As this shows that someone locked cash in safe, so this will be physical control.

2. As this shows the division of duties among employees, so this will be segregation of duties.

3. As this shows documents are pre numbered so it comes under pre-numbered documents.

4. As this shows the division of duties for bookkeeper, so it comes under segregation of duties.

5. This shows the responsibility of any work on a person, so this will be establishment of responsibility.

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3 years ago
To increase the number of orders it receives from recipients of its direct-mail advertising, the maker of All-Natural Diet Produ
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Answer:

C. business reply

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In the case when we have to increase the no of orders that could be received via direct mail adverstising and the customer could use the special kind of envelope for mailling the orders so this should be an example of business reply mail as it is concerned with the business and here the orders are to be an important factor that becomes very important for the company.

Therefore the option c is correct

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3 years ago
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