Homework Answers
(A)
| Weighted Average Cost Per Unit | $33.3 |
Explanation:
Weighted Avg. Cost Per Unit:
= Total Cost ÷ Total No. Of Units
= $33,300 ÷ 1000
= $33.3
Add Answer to:
Brief Exercise 8-4 (Part Level Submission) Swifty Company uses a periodic inventory system. For April, when...
April 1 Inventory April 15 purchase April 23 purchase 350 250 350 400 1,000 34 3...
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...
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the...
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 34 $7,000 11,900 April 15 purchase 350 April 23 purchase 400 36 14,400 $33,300 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold $ $
Brief Exercise 8-4 Sweet Company uses a periodic inventory system. For April, when the company sold...
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...
Brief Exercise 8-4 Headland Company uses a periodic inventory system. For April, when the company sold...
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...
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the...
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...
Riverbed Company uses a periodic inventory system. For April, when the company sold 600 units, 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: $
Question 5 Martinez Company uses a periodic inventory system. For April, when the company sold 400...
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 $
Buffalo Company uses a periodic inventory system. For April, when the company sold 650 units, 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...
Riverbed Company uses a periodic inventory system. For April, when the company sold 600 units, 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 $35.25 Compute the April 30 inventory and the April cost of goods sold using the...
Brief Exercise 8-6 Marigold Company uses a periodic inventory system. For April, when the company sold...
Brief Exercise 8-6 Marigold Company uses a periodic inventory system. For April, when the company sold 470 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 290 $18 $ 5,220 April 15 purchase 400 8.800 April 23 purchase 310 7,130 1.000 $21,150 Compute the April 30 inventory and the April cost of goods sold using the LIFO method Ending inventory Cost of goods sold
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...
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 34 $7,000 11,900 April 15 purchase 350 April 23 purchase 400 36 14,400 $33,300 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold $ $
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...
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...
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...
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: $
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...
Brief Exercise 8-6 Marigold Company uses a periodic inventory system. For April, when the company sold 470 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 290 $18 $ 5,220 April 15 purchase 400 8.800 April 23 purchase 310 7,130 1.000 $21,150 Compute the April 30 inventory and the April cost of goods sold using the LIFO method Ending inventory Cost of goods sold
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