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
zheka24 [161]
2 years ago
10

Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in

ventory 510 $ 2.38 Apr. 20 Purchase 370 2.63 Dunbar sold 650 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.) Multiple Choice
Business
1 answer:
kramer2 years ago
5 0

Answer:

$572

Explanation:

The calculation of the ending inventory under weighted average cost is given below:

But before that the average cost per unit should be

= (510 × $2.38 + 370 × $2.63) ÷ (510 units + 370 units)

= ($1,213.80 + $973.10) ÷ (880 units)

= $2.4851

Now the ending inventory should be

= (510 + 370 - 650) × $2.4851

= $572

You might be interested in
The Economic Landscape of Oceania World Geography Unit 7:__________Australia, New Zealand, and the Pacific Islands
kykrilka [37]

Answer:

The Economic Landscape of Oceania World Geography are catching seals and whales, Trading wood and meats.

5 0
2 years ago
Juniper Co uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9750 of me
KatRina [158]

Answer:

D) Debit Accounts Payable $1500; Credit Merchandise Inventory $1500

Explanation:

The journal entry to record the merchandise return is shown below:

Account payable A/c Dr $1,500

                To Merchandise inventory A/c $1,500

(Being returned inventory is recorded)

For recording the returned inventory we debited the account payable and credited the merchandise inventory account so that the proper posting could be done

6 0
2 years ago
_______ requirements describe the dependability of a system such as service outages and incorrect processing.
jekas [21]
<span>Reliability requirements describe the dependability of a system such as service outages and incorrect processing.
in FURPS+ acronym, R stands for reliability in which we check for system failures predictable, accuracy, recoverable etc.
F stands for functionality, u stands for usability, R for reliability, P for performance, S for supportability and Plus for other constraints. Robert Grady of HP devised this FURPS+ acronym.
</span>
7 0
2 years ago
Farmers selling some of their soybeans in storage because they anticipate a lower price of soybeans in the near future would cau
AlladinOne [14]

Answer:

D. rightward shift in the current supply of soybeans.

Explanation:

A shift in the supply curve is caused when factors other than price either increase the supply of a good (a shift to the right), or decrease the supply of the good (a shift to the left).

In this case, a factor other than price, the expectations of farmers (they are expectations because the lower prices have not materialized) has increased the supply of soybeans, causing a rightward shift of the supply curve of that good.

8 0
3 years ago
A company purchases and uses 40000 gallons of materials for which they paid $3 a gallon. The materials price variance was $90000
iogann1982 [59]

Answer:

the standard price per gallon is $5.25

Explanation:

the computation of the standard price per gallon is given below;

Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)

$90,000 = 40,000 × (Standard Price - $3)

$2.25 = Standard Price - $3

Standard Price = $5.25

Hence, the standard price per gallon is $5.25

The same should be considered

4 0
2 years ago
Other questions:
  • The government department responsible for laws concerning work is the_____. 1. US Department of Education
    10·2 answers
  • 1. consumer products such a s furniture and appliances are typically distributed using ______ distribution
    14·1 answer
  • Which of the following is true?Select one:a. Overhead costs are often affected by many issues and are frequently too complex to
    9·1 answer
  • Several economists have recognized the limits of fiscal policies when attempting to stabilize or aid economic recovery. During t
    9·1 answer
  • A rapidly growing small firm does not have access to sufficient external financing to accommodate its planned growth. Discuss wh
    6·1 answer
  • William pays his $500 premium every 6 months for automobile insurance with collision coverage. His deductible is $750. William c
    8·1 answer
  • True statement about the relationship between law, ethics, and business
    12·1 answer
  • If the Fed increases its open market purchases of government securities, it exerts a downward pressure on real interest rates. S
    7·1 answer
  • What is the ground clearance of the Nissan GT-R?
    15·1 answer
  • ________ is the risk that the host government will take specific steps that prevent the foreign affiliate from exercising contro
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!