|
Units |
Unit Cost |
Total Cost |
||||||
|---|---|---|---|---|---|---|---|---|
|
April 1 inventory |
260 | $29 | $ 7,540 | |||||
|
April 15 purchase |
360 | 35 | 12,600 | |||||
|
April 23 purchase |
380 |
38 |
14,440 |
|||||
|
1,000 |
$34,580 |
|||||||
(a)
Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.)
| Weighted average cost per unit |
Weighted Average Cost per Unit = Total Cost / Total Units
= 34,580 /1000 = $34.58 Per Unit (Answer)
Units Unit Cost Total Cost April 1 inventory 260 $29 $ 7,540 April 15 purchase 360...
x Your answer is incorrect. Try again. Waterway Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. 260 April 1 inventory April 15 purchase April 23 purchase Units Unit Cost $29 360 35 380 38 1,000 Total Cost $ 7.540 12,600 14,440 $34,580 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory 18560 Cost of goods sold. 16020 Click if you...
April 1 Inventory April 15 purchase April 23 purchase 350 250 350 400 1,000 34 3 6 $7,000 11,900 14,400 LE $33,300 (a) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.7 Weighted average cost per unit Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT (b) x Your answer is incorrect. Try again. Compute the April 30 inventory and the...
Riverbed Company uses a periodic inventory system. For April,
when the company sold 600 units, the following information is
available.
Units
Unit Cost
Total Cost
April 1 inventory
270
$30
$ 8,100
April 15 purchase
440
36
15,840
April 23 purchase
290
39
11,310
1,000
$35,250
Calculate weighted average cost per unit. (Round
answer to 2 decimal places, e.g. 2.76.)
Weighted average cost per unit: $
Riverbed Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 270 $30 $ 8,100 April 15 purchase 440 36 15,840 April 23 purchase 290 39 11,310 1,000 $35,250 Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $35.25 Compute the April 30 inventory and the April cost of goods sold using the...
Buffalo Company uses a periodic inventory system. For April,
when the company sold 650 units, the following information is
available.
Units
Unit Cost
Total Cost
April 1 inventory
310
$34
$ 10,540
April 15 purchase
420
41
17,220
April 23 purchase
270
44
11,880
1,000
$39,640
(a)
Calculate weighted average cost per unit. (Round answer
to 2 decimal places, e.g. 2.76.)
Weighted average cost per unit
$
B.
The parts of this question must be completed in order. This part...
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory $2,500 250 400 $10 12 April 15 purchase 4.800 April 23 purchase 350 1,000 4,550 $11,850 (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per units e Textbook and Media Attempts: unlimited Save for Later Submit Answer The parts of this question...
Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 270 $16 $4,320 April 15 purchase 410 19 April 23 purchase 21 320 1,000 7.790 6,720 $18,830 Calculate weighted average cost per unit. (Round answer to 2 decimal places, es. 2.76) Weighted average cost per units Compute the April 30 inventory and the April cost of goods sold using the average-cost method....
Question 5 Martinez Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 220 $11 $ 2,420 April 15 purchase 450 13 5,850 April 23 purchase 330 14 4,620 1,000 $12,890 Collapse question part (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $
Brief Exercise 8-4 Headland Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 280 $31 $ 8,680 April 15 purchase 450 16,650 April 23 purchase 270 40 10,800 1,000 $36,130 Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per units Compute the April 30 inventory and the April cost of goods sold using...
Brief Exercise 8-4
Sweet Company uses a periodic inventory system. For April, when the
company sold 650 units, the following information is
available.
Units
Unit Cost
Total Cost
April 1 inventory
310
$34
$ 10,540
April 15 purchase
420
41
17,220
April 23 purchase
270
44
11,880
1,000
$39,640
Calculate weighted average cost per unit. (Round
answer to 2 decimal places, e.g. 2.76.)
Weighted average cost per unit
$
LINK TO TEXT
Compute the April 30 inventory and the April...