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Zepler [3.9K]
3 years ago
7

Jammer Company uses a perpetual weighted average inventory system and reports the following: August 2 Purchase 17 units at $15.0

0 per unit. August 18 Purchase 19 units at $13.00 per unit. August 29 Sale 34 units. August 31 Purchase 22 units at $18.00 per unit. What is the per-unit value of ending inventory on August 31?
Business
1 answer:
defon3 years ago
7 0

Answer:

Weighted-average ending inventory cost= $17.75

Explanation:

<u>First, we need to calculate the total cost of ending inventory:</u>

August 2= 17*15= 255

August 18= 19*13= 247

August 29= (19*13 + 15*15)= (472)

August 31= 22*18= 396

Total ending inventory= $426

<u>Now, the weighted average cost per unit of ending inventory:</u>

<u></u>

Ending inventory in units= 24

Weighted-average ending inventory cost= (426/24)

Weighted-average ending inventory cost= $17.75

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Answer:

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Explanation:

Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable.  This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines.  Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.

4 0
3 years ago
Fill in the blank: During the attract stage of the inbound methodology, an inbound business focuses on __________________. (Choo
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Hi, this is an Incomplete question.

Here are the options:

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  • <u>attracting prospects and customers through relevant and helpful content</u>

<u>Explanation:</u>

Interestingly, the inbound methodology describes the process of attracting, converting visitors into customers, also with the aim of making them promoters of the business.

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7 0
4 years ago
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Explanation:

According to the given question, Melissa is working in the fashion based industry and the her main task in the job is to analyzing the new fashion trends in the social media.

Melissa is in the market sector part in an organization as her company are designing the various types of branded clothes on the basis of latest analysis and trends.

The market sector is widely used in the various types of financial and the economical based industry where the product of the company are produced on the basis and proper analysis in the market for the direct competition.

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4 years ago
- Strategic planning as a broad concept consists of
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3 years ago
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Answer:

internal rate of return -16.17%

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