Delta Diamonds had 5 one-carat diamonds available for sale this year: Using periodic specific identification, its Cost of Goods Sold is $600 . This is further explained below.
What are diamonds?Generally, having a diamond cubic crystal structure, a diamond is a solid form of the element carbon. For the sake of this exercise, we will assume that the temperature and pressure are both
In conclusion,This year, Delta Diamonds offered five one-carat stones for purchase. The company's Cost of Goods Sold is $600 every period thanks to its use of precise periodic identification.
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A small economy country whose GDP is heavily dependent on trade with the United States could use a(n) ________ exchange rate regime to minimize the risk to their economy that could arise due to unfavorable changes in the exchange rate.
A small economy country whose GDP is heavily dependent on trade with the United States could use pegged exchange rate with the United States.
What is Microeconomics?The social science of microeconomics examines the effects of incentives and choices, particularly how they affect the allocation and use of resources. Microeconomics explains how and why different things have varying values, how people behave and profit from efficient production and trading, and how people may work together and coordinate best. In general, microeconomics offers a fuller and more thorough understanding than macroeconomics. It is the study of what is probably going to occur (tendencies) when people make decisions in reaction to changes in rewards, pricing, resources, and/or production processes. Microeconomic subgroups for individual actors, like customers, sellers, and business owners, are frequently formed.Find more about Microeconomics with the help of the given link:
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Which person should most consider purchasing life insurance?
People who should consider purchasing life insurance may be those with families who depend on their income or debts that will persist after their death.
Why do people buy life insurance?Individuals consider purchasing life insurance as a security for their family members in the event of their death, ensuring the satisfaction of the family's financial needs.
Therefore, according to indices, most North American families take out life insurance, and the insurance value varies according to the individual's age and health conditions.
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Why did the Confederation Congress have trouble meeting its financial obligations needed to fund government business
Because it did not have the power to levy taxes.
What is levy taxes?A levy is the formal taking of your assets to pay off a tax debt. Liens are distinct from levies. A levy actually takes the property to pay the tax bill, whereas a lien only makes a legal claim against the property to secure payment of the tax debt.
Why did the Confederation Congress have trouble meeting?
The Confederation Congress struggled to satisfy its financial responsibilities needed to sustain government operations because it lacked the authority to charge taxes.
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the audit working paper that reflects the major components of an amount reported in the financial statement is the
The audit working paper that reflects the major components of an amount reported in the financial statement is the Lead Schedule.
What is the Lead Schedule?A working document known as a lead schedule lists the specific general ledger accounts that make up a line item in the financial statements. The sum for the related line item in a client's financial statements should match the number on the lead schedule. The general ledger (GL) accounts that are present in each financial statement line item and note disclosure are listed in a lead schedule. Each line item or group of related line items on the financial statement would typically have its lead schedule. The final balance in the financial statements and the sum on the lead schedule should match.The lead schedule gives a list of the contents of each line item. This is a useful starting place for your records.To learn more about the Audit working paper refer to:
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Controlling is the process of evaluating and regulating ongoing activities to ensure achievement of goals. True or false?.
True, Controlling is the function of management to evaluate and regulate ongoing activities to ensure the achievement of goals.
The controlling process in commercial enterprise control is when managers set, measure, and refine their enterprise operations and manipulate price manipulation. Via the usage of a controlling technique, a business enterprise can navigate changes to the supply chain, purchaser demand, and other variables that affect a corporation's livelihood.
The manage function may be considered as a 5-step procedure: set up requirements, degree overall performance, evaluate real overall performance with requirements and discover any deviations, determine the purpose for deviations, and take corrective motion if wanted.
The controlling technique in enterprise control is while managers set, measure, and refine their enterprise operations and control cost manipulation. By the use of a controlling technique, an organization can navigate adjustments to the delivery chain, purchaser demand, and different variables that impact a company's livelihood.
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A retail store's billing software crashes in the middle of a Christmas sale, leaving its staff helpless. The store's manager contacts the software company concerned, but no help arrives until the next day. The store's manager believes that the software company should have responded sooner, knowing how much was at stake. This raised level of adequate service is caused by _____.
This raised level of adequate service is caused by personal situational factors.
The first and possibly most important step in providing high-quality service is understanding what customers expect. In order to deliver services that customers consider exceptional, the marketing/organization must understand what customers anticipate.Service-related hints other than explicit promises that suggest what the service should and will be like are known as implicit service promises. Price and the tangibles related to the service predominate over these quality indicators.What are the factors that influence adequate service?
Five aspects:
(1) transitory service intensifiers,
(2) perceived service alternatives,
(3) customer self-perceived service roles,
(3) situational considerations, and
(4) projected service, all of which have an impact on the customer's level of appropriate service.
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A __________ is a name, symbol, or design (or combination of these) that identifies the goods or services of one seller or group of sellers and distinguishes them from those of competitors. Group of answer choices trademark brand logo copyright
A Brand is a name, symbol, or design (or combination of these) that identifies the goods or services of one seller or group of sellers and distinguishes them from those of competitors.
Building and maintaining a relationship between a brand and consumers is called brand marketing. Brand marketing promotes the complete brand rather than just a specific product or service, using the products and services as evidence of the brand's promise.
A brand is an abstract idea that makes it easier for people to recognize and associate with a specific business, item, or person—especially consumers.
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When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the
of the data, service, network, or system should ideally not be compromised.
When protecting the availability, integrity, and confidentiality of data, services, networks, and systems, the security policies of the data, service, network, or system should ideally not be compromised.
What is the C-I-A security triad?The C-I-A security triad is an abbreviation for confidentiality, integrity and availability. Also, it can be defined as a cybersecurity model that is designed and developed to guide security policies for information security in a business firm, in order to effectively and efficiently protect and make their data available to authorized end users.
In this context, we can infer and logically deduce that the security policies of the data, service, network, or system should ideally not be compromised when protecting the availability, integrity, and confidentiality of data, services, networks, and systems.
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The aggregate demand curve generally slopes downward and to the right because, for any given money supply M a higher price level P causes a ______ real money supply M/P, which ______ the interest rate and ______ spending.
The answer is lower, raises, reduces.
The total amount spent on domestic goods and services in an economy is known as aggregate demand.
The relationship between the amount of total spending in the economy and the price level for products is depicted by the aggregate demand curve's downward slope.
Aggregate demand includes all four components of demand:
ConsumptionInvestmentGovernment spendingNet exports = exports - importsThere are 3 effects of diminshing aggregate demand includes:
The wealth effectThe interest rate effect The Foreign price effectAlthough the amount of aggregate demand changes relatively little as a result of changes in price level, the steep slope suggests that a higher price level for final outputs does diminish aggregate demand for all three of these causes.
Hence, the aggregate demand curve generally slopes downward and to the right because, for any given money supply M a higher price level P causes a lower real money supply M/P, which raises the interest rate and reduces spending.
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The problem of bankruptcy is associated with overuse and misuse of credit in the ______________ component of financial planning.
The answer is the borrowing component.
Bankruptcy is a legal proceeding initiated when a person or business is unable to repay outstanding debts or obligations.
The borrowing portion of a financial plan has to do with retaining control over credit-buying behaviors.
Whereas, the savings part of financial planning has an emphasis on long-term security and includes a regular emergency savings strategy.
When you’re borrowing, interest can work against you.
As repaying interest on a loan over a long period of time can significantly increase your debt due to the compounding factor of the interest rate.
Hence, The problem of bankruptcy is associated with overuse and misuse of credit in the borrowing component of financial planning.
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Tony's Carpets Inc. wants to charge $9.80 a yard for installing a carpet for Serenity Bookstore but accidentally states $8.90 a yard in the bid. Serenity Bookstore accepts Tony's Carpets' bid. Tony's Carpets made a ________. Group of answer choices mutual mistake contractual mistake unilateral mistake bilateral mistake rescission mistake
Serenity Bookstore accepts Tony's Carpets' bid. Tony's Carpets made a unilateral mistake.
What is unilateral mistake?errors in the amount of a product that will be supplied (especially for large numerical values)misunderstandings of several technical and trade wordserrors with words with several pronunciations, spellings, or meanings (such as "four" vs. "for")mistakes in a product's quality or descriptionWhat types of mistakes will allow rescission of a contract?The entire agreement must be canceled. A contract may be canceled for a number of reasons, including fraud, an error in fact or law committed by both parties, undue influence, and duress. A party wishing to retract a contract must initiate a lawsuit in order to do so if the other party does not agree that it should be done so.
What are bilateral mistakes?Contracts are employed in both professional and private contexts. Knowing the distinction between bilateral and unilateral might help with legal and interpersonal relationships because these ideas are very frequently used in everyday settings.
The majority of agreements are regarded as bilateral, which means that there are two or more parties to the contract. Most agreements also contain bilateral agreements. Examples of commonplace bilateral agreements include:
completing a purchase at the shopbuying a dinner at your preferred eaterygetting medical care from your doctorpaying your monthly phone billLearn more about distinguish between unilateral and mutual mistakes
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Chen has hired a marketing research company to bring together a small group of soft drink consumers and get feedback on the three new advertising slogans his firm is considering. The marketing research firm might conduct a(n) ________ to provide the information Chen has requested.
The marketing research firm might conduct a(n) focus group to provide the information.
Who is a marketing research?A market research is someone help to carryout product research and help to receive feedback from customers about the company product.
The marketing research can tend to carryout focus group research by conducting the research on few people so as to receive the product feedback.
Therefore the marketing research firm might conduct a(n) focus group to provide the information.
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Balenciaga distributors provides intermediary services for a variety of food and beverage wholesalers. Over time, those wholesaler customers have demanded that balenciaga distributors begin financing transactions, extending trade credit, and providing market information and marketing research. These services are primarily an example of wholesale customers demanding more of which type of intermediary support?
The type of intermediary functions that the wholesaler customers want from Balenciaga Distributors when they want him to be financing transactions as well as grading fresh fruit and produce is a Full-service wholesaler.
The full-service wholesaler can be regarded as a wholesaler that offers a full line of services. This service could range from carrying stock, and maintaining a sales force as well to offering credit, and making deliveries.
Most Balenciaga products are made in Italy, where the brand is soon opening a new factory, training its employees, and offering workers a fair, livable wage. The Triple S and Track sneakers are the only models to be made in China, using lighter, more expensive soles.
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To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand: Group of answer choices Direct Costs Sunk Costs Learning Curve Costs Reserves Costs Indirect Costs
The large investment the company made in the failed project most likely was made by a manager who did not fully understand "Sunk Costs".
What is Sunk Cost?An price or investment that has already been made and cannot be recovered is referred to as a sunk cost.
Types of sunk cost are -
Investment in advertising. This money is lost if you advertise a new product; it cannot be recovered.Investigation into a new product.Labour expenses.New software system installation and operational procedures.Loss of relationships in business and reputation.Therefore, Sunk expenses are unrelated to any particular occurrence and shouldn't be taken into account while choosing an investment or project.
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The Blank______ stage of the the personal selling process includes ensuring proper delivery and installation, and that any difficulties in the use of the product are addressed.
The Follow-up stage of the personal selling process includes ensuring proper delivery and installation, and that any difficulties in the use of the product are addressed.
What does follow-up entail in the selling process?The "follow-up" is the last stage of the personal selling process. In order to check on the customer's satisfaction after the sale, the salesperson must follow up by getting in touch with the consumer.
The salesman will handle any issues the customer may already be having with the product. A successful follow-up step in personal selling can be very helpful in generating additional referrals from pleased customers, securing recurring business, and assessing the salesperson's efficacy.
Therefore, The follow-up phase of the personal selling process includes making sure that the product is delivered and installed correctly and that any issues with usage are resolved.
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Economies of scale refers to the fact that as the quantity of product produced in a given time period __________, the cost of manufacturing each unit __________.
Economies of scale refers to the fact that as the quantity of product produced in a given time period increase, the cost of manufacturing each unit decreases.
What is Economies of scale?Economies of scale can be defined as the benefit a company or organization enjoy for expanding their business or the cost benefit a business derived when they increases their level of output.
Therefore Economies of scale refers to the fact that as the quantity of product produced in a given time period increase, the cost of manufacturing each unit decreases.
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Economies of scale refers to the fact that as the quantity of product produced in a given time period increases, the cost of manufacturing each unit decrease.
What is economies of scale?Economies of scale is the benefit an individual or company gets when goods and commodities are produce effectively. This could result in additional profit from production process and sales.
Therefore, economies of scale refers to the fact that as the quantity of product produced in a given time period increases, the cost of manufacturing each unit decrease.
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While watching a movie, Daysha notices that a few brands have been conspicuously integrated with its screenplay. The main character drives a particular brand of car and drinks only a specific brand of beer. Daysha figures out that this is a marketing strategy that employs _____. selective distortion selective exposure product cannibalization product placement
Daysha figures out that this is a marketing strategy that employs product placement.
What is Product Placement?The significant kinds of product placement are either visual, verbal, signage, or usefulness. Product placements in theme videos vary from 3-to 5 minutes whereas product placement in movies can meander from 12 minutes-1.5 hours or more in length.
A commercial is geared especially toward interrupted television with a 5-30 sec ad established in between TV shows.
The expenditures of each of these can vary which depend on the reach, demographics of viewership, target markets, time of day, and more additional variables.
Therefore, Product placement involves intentionally placing a product/brand into televised shows and adverts, with the aim of exposing that product to the market or to remind the market of an already existing product.
Daysha is watching shows that incorporate product placement in their shows.
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A competitive firm Group of answer choices Confronts a downward-sloping firm demand curve. Is large enough relative to the market to be taken into account by competitors. None of the Answers are Correct. Is a price taker. Has the market power to compete effectively.
A competitive firm is a price taker.
A perfectly competitive business must accept the equilibrium price at which it sells its products because it is a price taker. A completely competitive business will not be able to generate any sales if it seeks to charge even a small amount above the going rate.
Small businesses are typically price takers, while monopolies or large, well-established enterprises with copyrighted products are typically price makers. In the stock market, individual investors take prices. further reading.
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A company's ability to achieve and maintain a unique and valuable competitive position both within a nation and globally, generating higher rates of profit than its competitors, is known as
It is known as competitive advantage.
Competitive advantage refers to factors that allow a company to produce goods or services more efficiently or at a lower cost than competitors. These components allow the manufacturing unit to generate more sales or profits than its competitors in the market.
It is the favorable position that a firm seeks in order to outperform its competition.
Competitive advantages are classified into two types: comparative advantages and differentiated advantages.
A company's comparative advantage is its ability to manufacture something more effectively than a rival, resulting in larger profit margins.
A differential advantage occurs when a company's goods are seen to be both distinctive and of greater quality than those of a rival.
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A firm's attempts to shorten the length of time a process takes, may lead to disappointing outcomes because of ______.
A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.
What are time compression diseconomies?According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.Not every subsidiary deals with time compression diseconomies to the same extent. The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors. First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.To learn more about Diseconomies refer to:
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what is the role of mining in a business
Answer:The process of discovering and analyzing business data in order to group multiple users and access rights under one business or technical role candidate
Explanation:
Davey has been shopping for a new computer for his small start-up design firm, but he feels overwhelmed with all of the selections and options. On his way home from a meeting, Davey stops by the computer store where you work to ask some questions. Davey: Speed is important to me for this computer. I use graphic software to create some of my designs, and I'm always under a time crunch. How can I make sure the computer I buy will be fast
To make sure Davey buys a computer which has good speed as he use graphic software to create some of his designs, and he is always under a time crunch: To maximize speed, he definitely want a "quad-core processor and make sure it's 64-bit so it will support more RAM".
What is quad-core processor?A quad-core processor is a chip with four distinct cores that can read and carry out CPU commands like add, move data, and branch. Each core works with other circuits, such as input/output ports, memory management, and caching, inside the chip.
The use quad-core processor are-
In addition to all of your typical work or school responsibilities, quad-core CPUs let you render videos slowly or play games at low resolutions. As long as you are not playing the most processor-intensive games and have a dedicated GPU, most gamers should be fine in this situation.The advantage of quad-core processor are-
Even though a Dual Core CPU can handle most daily chores, a Quad Core processor has some more noticeable advantages.In addition to being quicker and more powerful when it comes to demanding activities, the quad-core processor may also end up saving you money over time.To know more about difference between ROM and RAM, here
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What did keynes think was responsible for the large amount of idle labor and capital during the great depression?.
During the Great Depression, Keynes thought unplanned inventory increases were responsible for the large amount of idle labor and capital.
What is the Great Depression?The Great Depression was a period of severe economic recession in the United States of America which challenged the prevailing classical economic belief that the macro-economy would quickly return to long-run equilibrium due to a demand shock.
During the Great Depression, John Maynard Keynes thought unplanned inventory increases were responsible for the large amount of idle labor and capital in the United States of America.
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Which of the following statements about maturity matching strategy is true? Group of answer choices All answeres are correct. All fixed assets are funded with long-term financing. As the level of sales varies seasonally, short-term borrowing fluctuates with the level of seasonal working capital. All seasonal working capital needs are funded with short-term borrowing.
(D) All answers are correct.
What is a maturity matching strategy?Maturity matching or hedging approach is a strategy of working capital financing wherein we finance short-term requirements with short-term debts and long-term requirements with long-term debts. The underlying principle is that each asset should be financed with a financial instrument having almost the same maturity.Reason -Option (A) is correct as it is stated in the definition above the requirements of that long term are financed by long-term loans.
Option (B) is correct as the sales vary and the requirements and the funds needed keep fluctuating.
Option (C) is correct as working capital is used to fund short-term requirements in the company.
Therefore, the correct option is (D) all answers are correct.
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Complete question:
Which of the following statements about maturity matching strategy is true? Group of answer choices.
(A) All fixed assets are funded with long-term financing.
(B) As the level of sales varies seasonally, short-term borrowing fluctuates with the level of seasonal working capital.
(C) All seasonal working capital needs are funded with short-term borrowing.
(D) All answers are correct.
Uber riders can opt-in to a service known as Uber Trip Experiences to purchase baseball tickets on StubHub, book flights on United Airlines, or reserve meals at OpenTable while on their trip. The rider has control of which apps are allowed to access the current trip details and offer related content. Here, Uber uses ________Blank marketing.
Here, Uber uses permission marketing.
What does "permission marketing" mean?Any form of advertising that requests and honors a customer's explicit approval before delivering marketing materials is known as permission marketing.
How does permission marketing work?Make the first message. Making the initial message that can encourage additional contact with your target audience is the first stage in permission marketing.Continue your informational campaign. Offer substitute incentives. Raise the level of permission. Make a sale.Which permission marketing example is the best?Permission marketing is exemplified well by subscription email updates. Users have the option to receive updates and offers via email on a regular basis based on the interests they indicated during registration on a website or at another consumer touch point.
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Yvonne finds a carpenter to do some repairs for her house and tells him that if he finishes the job by Saturday, she will pay him $1,000. Yvonne's offer creates a(n) ________ contract.
Yvonne finds a carpenter to do some repairs for her house and tells him that if he finishes the job by Saturday, she will pay him $1,000. Yvonne's offer creates unilateral contract.
A contract is only regarded as legal if both parties can enforce it. B. Parties can voluntarily carry out a void agreement.A contract is defined as a commitment to do something between two or more parties. A loan arrangement between automobile purchasers and sellers is an illustration of a contract. An arrangement between two persons to get married is an example of a contract.Three Common Construction Contracts
Fixed price - Fixed price construction contracts, also commonly referred to as “lump sum” or “stipulated sum” contracts, are the most common types of construction contracts.Cost plus Guarantee Maximum fee.Learn more about unilateral contract
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Cube Company sells small refrigerators. It usually sells these refrigerators to hotels and offices. However, sometimes its customers choose to buy their refrigerators because they do not have a lot of room for a full-size refrigerator in their houses and apartments. Its primary market is a(n) _____________ market, but it also sells to a(n) _____________ market.
Its primary market is a(n) business market, but it also sells to a(n) consume market.
What are Primary Markets?The primary market is where debt-based, equity-based, or other asset-based securities are created, written, and sold off to investors. It is a part of the capital market where new securities are created and are directly purchased by the investors from the issuer.
The key function of the primary market is to facilitate capital growth by enabling individuals to convert savings into investments. It facilitates companies to issue new stocks to raise money directly from households for business expansion or to meet financial obligations.
I understand that the question you are looking for is :
Cube Company sells small refrigerators. It usually sells these refrigerators to hotels and offices. However, sometimes its customers choose to buy their refrigerators because they do not have a lot of room for a full-size refrigerator in their houses and apartments. Its primary market is a(n) _____________ market, but it also sells to a(n) _____________ market.
Select one:
a. business; consumer
b. business; demographic
c. business; industrial
d. consumer; business
e. industrial; target
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Your company has developed and implemented countermeasures for the greatest risks to their assets. However, there is still some risk left. What is the remaining risk called
your company has developed and implemented countermeasures for the greatest risks to their assets. however, there is still some risk left. The remaining risk is called residual risk
What is residual risk?The residual risk is the risk left for an individual or organization to face after the main danger have been removed.
The effects is usually not as high as the main risk associated to the work.
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When an identified risk is not mitigated by an existing control this is known as?
When an identified risk is not mitigated by an existing control this is known as Residual risk.
What is Residual risk?Residual risks serves as one that that remains after sorting and elimination of some or all types of risk .
In this case, When an identified risk is not mitigated by an existing control this is known as Residual risk.
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Assume that wally world uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the average cost per unit on hand as of june 30 when it made its second sale.
Based on the number of sales that Wally World had, the average cost per unit on hand on June 30 is $15.38.
What is the average cost per unit on hand?After the first sale, the balance was:
= (10 x 12) + (10 x 15) - (6 x 13.50)
= $189
Then 10 more units were purchased which took the average units to:
= (189 + (10 x 18) ) / 24 units remaining after first sale
= 369 / 24
= $15.38 per unit
The rest of this question is:
6/1- BI 10 at 12
6/5: purchase 10 at 15
6/8 sale 6 units
6/28 purchase 10 at 18
Jne 30 sale 8 units
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Answer:$15.375/unit
Explanation: