Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. units unit cost total cost inventory, 1/1 200 $10.

Units Unit Cost Total Cost Inventory, 1/1 200 $10.00 $2,000 Purchases 3/5 300 10.50...

70.2K

Verified Solution

Question

Accounting

Units Unit Cost Total Cost

Inventory, 1/1 200 $10.00 $2,000

Purchases

3/5 300 10.50 3,150

7/12 350 11.00 3,850

10/18 450 12.00 5,400

12/22 150 13.00 1,950

Units sold 1,100

Selling price $15/unit

Selling expense $3

Normal profit $4

Replacement cost $7.50

Cost of goods sold under the weighted average method is

a) $12,408 b) $12,000 c) $3,948 d) $12,775

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

.Name and describe the structure separating vertebral bodies in the spine. Name three features of the...

Medical Sciences
Q

Mr Ahuja have always been interested in whether or not where a student sits is related...

Basic Math
Q

Because the Pacific salmon makes such an arduous journey up many kilometres of treacherous river,...

Biology
Q

Which factor within the ecosystem is LEAST likely to impact the carrying capacity of White...

Biology
Q

Which of the following is NOT a requirement in determining whether there is a linear...

Statistics
Q

Consider the following 70 F Sunny Y 2 In 2 In x 1 y In...

Algebra
Q

1 If A 0 0 0 Select one O True 1 1 1 1 0...

Algebra
Q

Journalize the entries to record the following...

Accounting
Q

Which do you think is more efficient A wide or a narrow span of control...

Accounting
Q

XYZ Ltd will increase its production volume for Product A next year.To promote Product A...

Accounting
Q

please help me and make sure the answer is 100 correct thank you ...

Accounting
Q

follow direction to answer questions in the box below Required information The...

Accounting