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Elza [17]
3 years ago
11

Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 Purchase 10 units at $12 p

er unit. August 18 Purchase 15 units at $15 per unit. August 29 Sale 20 units. August 31 Purchase 14 units at $16 per unit. What is the per-unit value of ending inventory on August 31
Business
1 answer:
Yuri [45]3 years ago
4 0

Answer:

The per-unit value of ending inventory on August 31= $15.42

Explanation:

<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received The explanation is completed using the table below with notes underneath</em>

The

Date     Narration          Qty        Unit cost($)      Total cost

Aug 2   Purchase          10             12                        120

Aug 18  Purchase            15             15                     <u>225 </u>

                                     25           13.8  *                    345

Aug 29                      <u> ( 20)</u>            13.8                    <u>(276 )</u>

                                      5                                          69

Aug 31                           <u>14</u>                 16                   <u> 224 </u>

Aug 31                          19            15.42 **                 293

Notes

*The average cost of 13.8 is the division of 345 by 25.

**The average cost of $15.42 is the division of 293 by 19

The per-unit value of ending inventory on August 31= $15.42

               

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MrRissso [65]

Answer:

D) Present Value (PV)

Explanation:

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4 years ago
Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a
adoni [48]

Answer:

$443,400

Explanation:

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For computing the cash flows from investing activities we need to find out first the Sale of equipment

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3 0
3 years ago
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Anuta_ua [19.1K]

Answer:

1. Marketing strategies

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Explanation:

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There are basically 4 elements of marketing:

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7 0
4 years ago
Read 2 more answers
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Answer:

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Answer:

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