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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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How many of the following statements about testing are true?
Rus_ich [418]

Answer:

The answer is E) Testing for controlling would most often involve scenario, integration and user acceptance testing.

Explanation:

In quality control, there involve a series of tests: Scenario testing, Integration testing and User acceptance testing.

Scenario testing is done once there a functionally that can be tested is developed. Under scenario testing, integration of functions is not done yet but it is possible to test the performance of the interface developed to ascertain how an end user will use it.

Integration testing involves testing the functionally of a combined unit assembled from individual units to see how well they perform as an integrated unit.

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8 0
3 years ago
Walk Co’s average total assets are $200,000, net sales total to $100,000, and net income is $40,000. How much net income did Wal
kupik [55]

Answer:

$0.20 or 20 cents for every dollar invested as assets

Explanation:

To determine how many dollars (or cents) of net income did Walk Co. generate for every dollar of assets invested we have to;

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6 0
3 years ago
Factors that cause the rivalry among competing sellers to be weak include: Group of answer choices slow growth in buyer demand a
Airida [17]

Answer:

slow growth in buyer demand, weakly differentiated products among rival sellers.

Explanation:

There a number of causes that relate to the firms rivalry among its competitors.

1. Barriers to entry.

2. Bargaining power of the buyers.

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4. Threat of substitutes.

5. Slow industry growth.

6. Lack of differentiation and switching costs.

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7 0
3 years ago
Blossom Company purchased a new machine on October 1, 2017, at a cost of $66,000. The company estimated that the machine has a s
Ugo [173]

Answer:

Results are below.

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Giving the following information:

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F<u>irst, we need to calculate the annual depreciation using the following formula:</u>

<u></u>

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<u>2018:</u>

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8 0
4 years ago
Eighty units of end item X are needed at the beginning of week 6, and another 30 units are needed at the beginning of week 8. Pr
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