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
nata0808 [166]
3 years ago
14

Inventory records for Dunbar Incorporated revealed the following:

Business
1 answer:
marshall27 [118]3 years ago
7 0

Ending inventory assuming weighted-average cost would be $694

Solution:

Given,

Dunbar sold 560 units of inventory

Apr. 1 Beginning inventory 550 $2.33

Apr. 20 Purchase 310 2.68

Now,

Ending inventory  = 560 -550 = 10

                             = 310 -10 = 300

Ending inventory = 300 × $2.33 = $694

You might be interested in
Which of the following statements is correct regarding a cover letter?
Oxana [17]
The cover letter should be short and direct.
5 0
3 years ago
Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% f
Natasha2012 [34]

Answer:

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

Explanation:

Step 1 of 2

Calculate the amount of factoring fee.

Factoring fee = 5% ×Account Receivable

=5%×$75,000

=$3,750

​

Step 2 of 2. Journey record. Image attached.

Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.

4 0
3 years ago
A storeowner orders 25 calculators that cost ​$4747 each. The storeowner can sell each calculator for ​$5656. The storeowner sol
leva [86]

Answer:

$5,592

Explanation:

Given:

Number of calculators ordered = 25

Cost of each calculator = $4747

thus,

Total cost of the calculators ordered = 25 × $4747 = $118,675

Selling cost of each calculator = $5656

Number of calculators sold = 22

Total revenue = 22 ×$5656 = $124432

Number of calculators returned = 3

Charges for returning the calculator = $55

Total charges for returning the calculators = 3 × $55 = $165

Now,

The total profit

= Total revenue - Total cost of the calculators - Total charges for returning

= $124432 - $118,675 - $165

= $5,592

6 0
3 years ago
Whats a thesaurus and why would you use it for an internet search
larisa86 [58]
<span>A thesaurus is a reference work that lists words grouped together according to the similarity of meaning. 
Hope this helps :)</span>
7 0
3 years ago
Read 2 more answers
Music Masters Inc. enters into a contract to pay Nagi for a dozen original songs. Nagi transfers the right to payment under the
IgorC [24]
THE CORRECT IS ANSWER IS WITHOUT A DOUBT b - Extinguished
4 0
3 years ago
Other questions:
  • Global industries (GI) is planning to use some existing equipment from its own facilities in a foreign project. The used equipme
    10·1 answer
  • Your broker called earlier today and offered you the opportunity to invest in a security. As a friend, she suggested that you co
    9·1 answer
  • In the united states, about _____ of employees work a traditional work schedule
    6·1 answer
  • Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion
    8·1 answer
  • Windsor, Inc. reported the following selected information at March 31. 2017 Total current assets $234,000 Total assets 440,000 T
    9·1 answer
  • explain the difference between a change in quantity demanded and a change in demand. Provide a real world example of a factor th
    14·1 answer
  • What is the step by step process of making money in the united states?
    14·1 answer
  • The following costs result from the production and sale of 5,000 drum sets manufactured by Tight Drums Company for the year ende
    11·1 answer
  • Innovation and enterprise
    7·1 answer
  • Identify which method of overcoming objections did you use for each Boomerang. Question, Superior
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!