Answer:
10.44
Step-by-step explanation:
The weighted average cost per unit method seeks to get the cost of goods sold as an average of all cost of goods in the inventory as at the time of sales.
Part of its objective is to strike a balance between the (FIFO and LIFO) inventory valuation methods.
Beginning inventory ( Jan) = 10 units
Cost of beginning inventory per unit = $10
Total cost of beginning inventory = Cost * Number of units
In this case (10*$10) = $100
Additional purchase (Jan 5) = 8 units
Cost of additional purchase per unit = $11
Total cost of additional purchase = 8 * $11 = $88
Weighted average cost per unit at the time 11 units are sold on January 7 = Total cost of units at that time / number of units available at that time.
= ($100+ $88) / (10+8)
= 188/18
=10.44 (approximated to 2 decimal places)
I hope this helps make the concept clear.
Answer:
In 5 years, you will have $1,288.48
Step-by-step explanation:
The ratio of the areas is 340/1158 = 170/579thus the ratio of the side lengths is sqrt(170)/sqrt(579) = .5418the ratio of volumes is the side length ratio cubed = .5418^3 = .159Volume of smaller solid = (.159)(1712) = 272.37
Berto can purchase
12/3.75 gallons, this is 3.2 gallons of gas. So the coordinate on
this line would be (3.2, 12).
Good Luck! :D
In mathematics, the reciprocal, or multiplicative inverse, of a number x is the number which, when multiplied by x, yields 1. It is denoted 1/x or x-1.
