Business, 25.03.2021 19:30 jessikamacadlo8948

Given the following data, calculate the cost of goods sold using the average-cost method. (Round any intermediary and final answers to two decimal places.) Date Item Unit
1/1 Beginning inventory 40 units at $15 per unit
4/11 Purchase of inventory 25 units at $20 per unit
10/1 Purchase of inventory 40 units at $25 per unit
12/31 Ending inventory 45 units

a. $590000
b. $51,000.00
c. $1.400.00
d. $1200.00

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 16:10

Afirm produces a product in a competitive industry and has a total cost function (tc) of tc(q) = 60 + 10q + 2q2 and a marginal cost function (mc) of mc(q) = 10 + 4q. at the given market price (p) of $20, the firm is producing 5.00 units of output. is the firm maximizing profit? no what quantity of output should the firm produce in the long run? the firm should produce unit s) of output. (enter your response as an integer.)

Answers: 3

Answer

Business, 22.06.2019 06:30

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Answers: 3

Answer

Business, 22.06.2019 17:40

Take it all away has a cost of equity of 11.11 percent, a pretax cost of debt of 5.36 percent, and a tax rate of 40 percent. the company's capital structure consists of 67 percent debt on a book value basis, but debt is 33 percent of the company's value on a market value basis. what is the company's wacc

Answers: 2

Answer

Business, 22.06.2019 19:20

Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale

Answers: 1

Answer

You know the right answer?

Given the following data, calculate the cost of goods sold using the average-cost method. (Round any...

Questions