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mart [117]
3 years ago
5

A company has a beginning inventory of​ $20,000 and purchases during the year of​ $140,000. The beginning inventory consisted of

​ 2,000 units and​ 7,000 units were purchased during the year. The company has​ 5,000 units left at yearminusend. Under averageminus​cost, what is Cost of Goods​ Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest​ dollar.)
Business
1 answer:
Misha Larkins [42]3 years ago
8 0

Answer:

The average cost per unit is: $15.00

Explanation:

Inventory is one of the most important assets to track in terms of valuation. Not only does it contribute to current assets on the balance sheet, but the cost of inventory sold is included in the cost of goods sold on the income statement. In other words, failure to understand the value of inventory can impact values on the income statement, balance sheet and cash flow statement so it's important to get it right.

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Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all
garri49 [273]

The answer is Price Bundling.

Price bundling is a marketing strategy. In this type of strategy, the company combines two or more products to sell them at a lower price than if the same products were sold individually.

It is also called product bundling or product-bundle pricing. As two or more products are combined/ bundled together to sell them at a lower price.

Hence, when Grande Communications offers a lower price to customers who subscribe to Grande television, telephone, and internet services all at once. This is an example of Price Bundling.

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8 0
1 year ago
________ examines organizational units for efficiency, effectiveness, and adequate controls.
mel-nik [20]
Currently, I would say LEAN and Six Sigma.
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3 years ago
A blind help-wanted ad is usually for door-to-door salespeople. <br> True or False
qwelly [4]
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8 0
3 years ago
Midyear on july 31st, the baldwin corporation's balance sheet reported: total assets of $166.859 million total common stock of $
Nata [24]
In the balance sheet, in order to account for the money or amounts that go to an fro in the sheet, we use the equation,
              NW = As - Li
where NW is the networth, As is the asset, and Li is liabilities.

From the given above, the total asset (As) is given to be $166.859M. The net worth is equal to the sum of the common stock, cash, and retained earnings.
             Networth = ($5.080 M) + ($8.040 M) + ($36.411 M)
            Networth = $49.531

The the equation above, we may derive the equation for liability by transposing,
                Li = Asset - Networth
                Li = ($166.859 M) - ($49.531 M)
                Li = $117.328

Hence, the total liability is equal to $117.328. 
4 0
2 years ago
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Natasha_Volkova [10]

Answer:

B = Age and life cycle stage but not too sure

4 0
3 years ago
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