The cost of ending inventory is $630.
<h3>What is the value of ending inventory?
</h3>
The average inventory method entails using the average cost of the total inventory purchased to determine the value of the ending inventory.
Average cost = total cost / total units purchased
1860 / (120 + 150 + 150 + 200) = $3
Cost of ending inventory = 210 x 3 = $630
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Answer:
False
Explanation:
Locus of control is the believe that external forces have control over the outcome of events in their lives. Internal locus of control is a believe that one can control one's life that is, the effect of external forces are primarily from their own actions while external locus of control is a believe that one's life is controlled by external forces or factors which one cannot influence that is, chance or fate controls their lives.
She is demonstrated an external locus of control by letting her friends' opinions control her actions, and then blaming them for her decision.
- Companies buyback shares for a variety of reasons, including firm consolidation, increased equity value, and to appear more financially appealing.
-The disadvantage of buybacks is that they are frequently financed with debt, putting a burden on cash flow.
-Stock repurchases can have a modestly favorable impact on the economy as a whole.
Answer:
$109,000
Explanation:
The accounting equation for the cost of goods sold
COGS = opening finished good + purchases - Closing finished goods
In a manufacturing firm, purchases are also referred to as manufacturing costs.
For Leslie manufacturing:
beginning finished inventory =$40,000
costs of goods manufactured = $ 144,000
Ending finished inventory = $ 45,000
cost of manufacturing for the period:
=$40,000 +$114,000- $45,000
=$109,000
