1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SOVA2 [1]
3 years ago
15

Marquis Company uses a weighted-average perpetual inventory system.

Business
1 answer:
timama [110]3 years ago
8 0

Answer:

The amount of the cost of goods sold for this sale is $98.4

Explanation:

Marquis Company uses a weighted-average perpetual inventory system

August 2, 22 units were purchased at $3 per unit,

Total cost = $3 x 22 = $66

Average cost per unit: $3

August 18, 27 units were purchased at $5 per unit

Total inventory = $66 + $5 x 27 = $201

Average cost per unit = $201/(22+27) = $4.1

August 29, 24 units were sold

Cost of goods sold = 24 x $4.1 = $98.4

You might be interested in
If the unemployment rate is 9 percent and the natural rate of unemployment is 5 percent, then the:___________. A. frictional une
professor190 [17]

Answer:

C. cyclical unemployment rate is 4 percent.

Explanation:

The cyclical unemployment is associated with business cycles of recessions and expansions. The actual unemployment rate is given by the natural rate of unemployment added to the cyclical unemployment rate. In this case, the cyclical unemployment rate is:

C = 9\%-5\% = 4\%

The answer is C. cyclical unemployment rate is 4 percent.

6 0
3 years ago
How do corporate bonds affect the economy
zheka24 [161]

Answer:

Bonds affect the U.S. economy by determining interest rates, which affect the amount of liquidity and determines how easy or difficult it is to buy things on credit or take out loans for cars, houses, or education

<h2>Please mark me as brainliest</h2>

7 0
2 years ago
Kimbeth Manufacturing uses a process cost system to manufacture dust density sensors for the mining industry. The following info
Lena [83]

Answer:

$6 per unit

Explanation:

using the weighted average method:

units completed 92,000 x 100% (both materials and conversion)

ending work in progress 24,000

  • materials 90% completed = 21,600
  • conversion 40% completed = 9,600

equivalent unit conversion costs = total conversion costs / total equivalent units of conversion

  • total conversion costs = $20,320 + $15,240 + $$182,880 + $391,160 = $609,600
  • total equivalent units of conversion = 92,000 + 9,600 = 101,600

equivalent unit conversion costs = $609,600 / 101,600 units = $6 per unit

4 0
2 years ago
How does brainstorming improve the final product
sveta [45]
It gives you more ideas to make the final product better than what it original product
6 0
3 years ago
"According to the law of demand, with everything else being equal, the quantity demanded for a good or service will ____________
m_a_m_a [10]

Answer: Decrease

Explanation:

According to the Law of  Demand, The quantity demanded for purchase of a commodity inversely varies with the price.

That is to say that "ceteris paribus" ( with everything being equal),When the prices of a particular good go higher, people will buy less of such commodity but will buy more, if the prices of the goods reduces.

We can say demand is elastic if quantity demanded for a commodity decreases with increase in price which will make people choose another  lower substitute good eg, detergent, ice cream

Also if  quantity demanded does not change much with increase in price , then it is referred to as Inelastic Demand  for example necessity commodity such as gasoline.

5 0
3 years ago
Other questions:
  • What does it mean when a return is reject for code 0503
    9·1 answer
  • True or false FICO is a credit score.
    6·2 answers
  • What is the best advice for concluding your presentation?
    13·1 answer
  • A recent memo from the Marketing Department stated that sales will go up next month because a new advertising campaign is being
    9·1 answer
  • Your credit card company quotes you an interest rate of 21.9 percent based on annual compounding. Interest is billed monthly. Wh
    12·1 answer
  • A company buys ten shares of securities at $1,000 each on January 15, year 1. The securities are classified as available-for-sal
    10·1 answer
  • What's one disadvantage of a certificate of deposit (CD) as compared to a passbook savings account?
    8·2 answers
  • What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stol
    15·1 answer
  • manufacturing costs for August when production was 1,000 units appear below: Direct material $12 per unit Direct labor $7,500 Va
    14·1 answer
  • A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!