Feelings of anger, fear, helplessness and disappointment are common emotional responses to test anxiety.
The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.
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How is the cost of discontinuing inventory calculated?</h3>
- The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
- In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
- The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
- Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.
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The distance between the campsite and the rest area is 9 miles.
The given parameters:
- <em>Initial speed of the campers, u = 4.5 mph</em>
- <em>Final speed of the campers, v = 4 mph</em>
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Let the time of motion from the campsite to rest area = t (hours)
Time for return trip = t hours + 15 mins
= (t + 0.25) hours
Let the distance between the campsite and rest area = d
d = 4.5t
d = 4(t + 0.25)
4.5t = 4(t + 0.25)
4.5t = 4t + 1
4.5t - 4t = 1
0.5t = 1
t = 2 hours
The distance between the campsite and the rest area is calculated as follows;
d = 4.5t
d = 4.5 x 2
d = 9 miles
Thus, the distance between the campsite and the rest area is 9 miles.
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