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nikitadnepr [17]
3 years ago
12

Beginning inventory, purchases, and sales for Meta-B1 are as follows: July 1 Inventory 100 units at $400 12 Sale 70 units 23 Pur

chase 120 units at $450 26 Sale 110 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the July 23 purchase. $per unit
Business
1 answer:
GaryK [48]3 years ago
6 0

Answer:

$440 per unit

Explanation:

Units balance after July 12 sales = 100 - 70 = 30

Total units after July 23 = 30 + 120 = 150

Total cost of units balance after July 12 sales = $400 × 30 = $12,000

Total cost of July 23 purchases = 120 × $450 = $54,000

Total cost of inventories after July 23 = $12,000 + $54,000 = $66,000

Weighted average unit cost after the July 23 purchase = $66,000 ÷ 160 = $440 per unit

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an employee of a company is being paid to assist in the sale of stock options to the company's employees and will recieve a bonu
DENIUS [597]

Answer:

An employee of a company who is being paid to assist in the sale of stock options to the company's employees  and receives a bonus based on sales                  results is referred to as an Agent. This is in accordance with Uniform Securities Act.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  

Explanation:

The Uniform Securities Act refers to an employee of a company who is paid to assist in the sale of stock option to the company's employees and receives a bonus based on sales results as an agent. Such an employee is required to register with the state.

3 0
3 years ago
Carly’s Clips charges for their grooming services based on the following:________.
Novay_Z [31]

Answer: $256

Explanation:

Using time and materials pricing, the total price for a job requiring 3 direct labor hours and $54 of materials will be calculated as:

Materials = $54

Add: Materials markup = 30% × $54 = 0.3 × $54 = $16.2 = $16

Add: Labour = 3 × $62 = $186

Total price of job = $256

7 0
2 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
A company has net income of $90,000; its weighted-average common shares outstanding are 18,000. Its dividend per share is $0.45,
LekaFEV [45]

Answer:

Option B is correct (17.6)

Price-earnings ratio=17.6

Explanation:

option B is correct (17.6)

Given Data:

Net income=$90,000

Weighted-average common shares outstanding=18,000

Market price per share=$88

Book value per share=$76

Required:

Price-earnings ratio=?

Solution:

Formula:

Price-earnings ratio=\frac{Market\ price\ per\Share}{\frac{Net\ Income}{ weighted\ -\ average\ common \ shares\ outstanding } }

Price-earnings ratio=\frac{\$88}{\frac{\$90,000}{18,000}}

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5 0
3 years ago
Read 2 more answers
Given the following information, calculate the loan-to-value ratio of this commercial loan: estimated net operating income in th
tatyana61 [14]

Answer:

b. 0.77

Explanation:

The formula to compute the loan to value ratio is shown below:

= Loan amount ÷ Purchase price

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It shows a relationship between the loan amount and the purchase price so that the accurate ratio can come

All other information that is given is not relevant as it is related to the debt yield ratio. Hence, ignored it

7 0
3 years ago
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