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: $
Weighted average cost per unit under periodic inventory system:
Total cost of goods available for sale (a) | $35,250 |
Total Units available for sale (b) | 1,000 |
Weighted average cost per unit (a/b) | $35.25 |
Therefore, weighted average cost per unit is $35.25.
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...
Current Attempt in Progress Oriole Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost 270 April 1 inventory April 15 purchase April 23 purchase 440 290 1,000 $30 36 39 $ 8,100 15,840 11,310 $35,250 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods sold $ $
Question 1 View Policies Show Attempt History Current Attempt in Progress Oriole Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost $30 $8,100 April 1 inventory 270 440 36 15,840 April 15 purchase 11,310 290 39 April 23 purchase $35,250 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory $ Cost of goods sold eTextbook...
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....
Kingbird 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 37 16,650 April 23 purchase 270 40 10,800 1,000 $36,130 Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, eg. 2.76) Weighted average cost per unit $ 36.13 eTextbook and Media X Your answer is incorrect. Compute 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...
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 8-4 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...
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 $