Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr....
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 500 $ 2.35 Apr. 20 Purchase 350 2.62 Dunbar sold 560 units of inventory during the month. Ending inventory assuming weighted-average cost would be:
Homework Answers
Average cost = [(500 units × $2.35) + (350 units × $2.62)] / (500 units + 350 units)
Average cost = $2.46 (rounded)
Ending inventory = $2.46 × 560 units
Ending inventory = $1,378 (rounded)
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Inventory records for Dunbar Incorporated revealed the
following: Date Transaction Number of Units Unit Cost Apr....
12. Inventory records for Dunbar Incorporated revealed the following Number of Unit 100 Date Transaction A...
12. Inventory records for Dunbar Incorporated revealed the following Number of Unit 100 Date Transaction A l leginning inventory Apr 20 Purchase Unit Coul SIR >0 Total Cou S7,200.00 51125000 D harsold 700 units of inventory during the month Cost of goods sold assuming FIFO would be ASSO B. 512.000 C.513.950 D. 515.750 13. Inventory records for Dunbar Incorporated revealed the following Date JA I Apr. 20 Transaction Beginning inventory Number of Units 100 Unit Cost $18.00 Total Cost 57,200.00...
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr....
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 470 $ 2.11 Apr. 20 Purchase 400 2.67 Dunbar sold 640 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $614. $485. $992. $1,068.
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase...
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 540 430 Unit Cost $2.41 2.72 Dunbar sold 590 units of Inventory during the month. Ending Inventory assuming weighted average cost would be: (Round Multiple Choice O $947 0 $968. 0 $975 0 $1,018.
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20...
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number Unit of Units Cost 480 $2.37 420265 Dunbar sold 580 units of inventory during the month. Ending inventory assuming FIFO would be (Do not
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20...
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 480 390 Unit Cost $2.34 2.54 Dunbar sold 680 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
BJ $30,000 C) $13,000. D) 555,000. ) Inventory records for Dunbar Incorporated revealed the following OG...
BJ $30,000 C) $13,000. D) 555,000. ) Inventory records for Dunbar Incorporated revealed the following OG Number of Units Date Apr. 1 Apr. 20 Transaction Beginning inventory Purchase 500 Unit Cost $2.40 2.50 400 Dunbar sold 700 units of inventory during the month. Ending inventory assuming weighted average cost would be (round weighted average unit cost to four decimals and final answer to the nearest whole dollar): A) $490. B) $480. C) S502. D) $489.
A ACCT now.connect education como connect ter 6 Qui Inventory records for Dunbar incorporated revealed the...
A ACCT now.connect education como connect ter 6 Qui Inventory records for Dunbar incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 580 320 Unit Cost $2.35 2.64 Dunbar sold 620 units of inventory during the month Ending inventory assuming weighted average cost would be (Round weighted-average places and final answer to the nearest dollar amount.) Multiple Choice $644 O $747 O $687 < Prev 5 of 10 Next > #newconnect the comtown...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Transaction Beginning inventory Purchase...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Transaction Beginning inventory Purchase Number of Units 50 450 Unit Cost $123.00 $130.00 Apr. 4 DAD sold 490 units of inventory during the month. Ending Inventory assuming LIFO would be $_ Chapter 6 Page 6-4 37. Inventory records for MOM Company revealed the following: Date Mar. 1 Mar. 6 Mar. 16 Mar 22 Transaction Beginning inventory Purchase Purchase Purba Purchase Number of Units 400 1,000 1,000 1,000 Unit...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Apr.4 Transaction Beginning inventory...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Apr.4 Transaction Beginning inventory Purchase Number of Units 50 450 Unit Cost $123.00 $130.00 DAD sold 490 units of inventory during the month. Ending inventory assuming LIFO would be s 37. Inventory records for MOM Company revealed the following: Date Mar. 1 Mar. 6 Mar. 16 Mar. 23 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 400 1,000 1,000 1,000 Unit Cost $70.00 $70.20 $71.00 $71.10 MOM...
31) Inventory records for Dunbar Incorporated revealed the following Number of Units Transaction Unit Cost 500...
31) Inventory records for Dunbar Incorporated revealed the following Number of Units Transaction Unit Cost 500 Beginning inventory Purchas Apr. 20 400 Dunbar sold 700 units of inventory during the month. Ending inventory assuming FIFO would be: A) 5500. B) $480. C) $490. D) $470. 32) At the end of the year, Mark Inc. estimates future bad debts to be $6,500. The Allowance for Uncollectible Accounts has a credit balance of $2.500 before any year-end adjustment. What adjustment should Mark...
12. Inventory records for Dunbar Incorporated revealed the following Number of Unit 100 Date Transaction A l leginning inventory Apr 20 Purchase Unit Coul SIR >0 Total Cou S7,200.00 51125000 D harsold 700 units of inventory during the month Cost of goods sold assuming FIFO would be ASSO B. 512.000 C.513.950 D. 515.750 13. Inventory records for Dunbar Incorporated revealed the following Date JA I Apr. 20 Transaction Beginning inventory Number of Units 100 Unit Cost $18.00 Total Cost 57,200.00...
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 540 430 Unit Cost $2.41 2.72 Dunbar sold 590 units of Inventory during the month. Ending Inventory assuming weighted average cost would be: (Round Multiple Choice O $947 0 $968. 0 $975 0 $1,018.
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number Unit of Units Cost 480 $2.37 420265 Dunbar sold 580 units of inventory during the month. Ending inventory assuming FIFO would be (Do not
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 480 390 Unit Cost $2.34 2.54 Dunbar sold 680 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
BJ $30,000 C) $13,000. D) 555,000. ) Inventory records for Dunbar Incorporated revealed the following OG Number of Units Date Apr. 1 Apr. 20 Transaction Beginning inventory Purchase 500 Unit Cost $2.40 2.50 400 Dunbar sold 700 units of inventory during the month. Ending inventory assuming weighted average cost would be (round weighted average unit cost to four decimals and final answer to the nearest whole dollar): A) $490. B) $480. C) S502. D) $489.
A ACCT now.connect education como connect ter 6 Qui Inventory records for Dunbar incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 580 320 Unit Cost $2.35 2.64 Dunbar sold 620 units of inventory during the month Ending inventory assuming weighted average cost would be (Round weighted-average places and final answer to the nearest dollar amount.) Multiple Choice $644 O $747 O $687 < Prev 5 of 10 Next > #newconnect the comtown...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Transaction Beginning inventory Purchase Number of Units 50 450 Unit Cost $123.00 $130.00 Apr. 4 DAD sold 490 units of inventory during the month. Ending Inventory assuming LIFO would be $_ Chapter 6 Page 6-4 37. Inventory records for MOM Company revealed the following: Date Mar. 1 Mar. 6 Mar. 16 Mar 22 Transaction Beginning inventory Purchase Purchase Purba Purchase Number of Units 400 1,000 1,000 1,000 Unit...
36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Apr.4 Transaction Beginning inventory Purchase Number of Units 50 450 Unit Cost $123.00 $130.00 DAD sold 490 units of inventory during the month. Ending inventory assuming LIFO would be s 37. Inventory records for MOM Company revealed the following: Date Mar. 1 Mar. 6 Mar. 16 Mar. 23 Transaction Beginning inventory Purchase Purchase Purchase Number of Units 400 1,000 1,000 1,000 Unit Cost $70.00 $70.20 $71.00 $71.10 MOM...
31) Inventory records for Dunbar Incorporated revealed the following Number of Units Transaction Unit Cost 500 Beginning inventory Purchas Apr. 20 400 Dunbar sold 700 units of inventory during the month. Ending inventory assuming FIFO would be: A) 5500. B) $480. C) $490. D) $470. 32) At the end of the year, Mark Inc. estimates future bad debts to be $6,500. The Allowance for Uncollectible Accounts has a credit balance of $2.500 before any year-end adjustment. What adjustment should Mark...
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