Answer:
The per-unit value of ending inventory on August 31= $15.42
Explanation:
<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received The explanation is completed using the table below with notes underneath</em>
The
Date Narration Qty Unit cost($) Total cost
Aug 2 Purchase 10 12 120
Aug 18 Purchase 15 15 <u>225
</u>
25 13.8 * 345
Aug 29 <u> ( 20)</u> 13.8 <u>(276
)</u>
5 69
Aug 31 <u>14</u> 16 <u> 224
</u>
Aug 31 19 15.42 ** 293
Notes
*The average cost of 13.8 is the division of 345 by 25.
**The average cost of $15.42 is the division of 293 by 19
The per-unit value of ending inventory on August 31= $15.42
This will decrease the supply of low-skilled workers and increase the supply of high-skilled workers.
- The economic theory of supply and demand describes how prices are set in a market. In a competitive market, it is hypothesized that, all else being equal, the unit price for a specific good or other traded good, such as labor or liquid financial assets, will fluctuate until it settles at a point where the quantity demanded will equal the quantity supplied, resulting in an economic equilibrium for price and quantity transacted. It is the theoretical cornerstone of contemporary economics.
- The link between supply and demand is crucial because it helps to establish the costs and availability of the majority of goods and services in a given market. The interplay between supply and demand eventually balances out in accordance with the tenets of a market economy.
Thus this is the answer.
To learn more about supply and demand, refer: brainly.com/question/2398546
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Answer:
A. FIFO
Explanation:
FIFO, which is First-in, First-Out is a method used for calculating the cost of goods sold whereby the oldest goods in the company's or organization's industry are assumed to be sold first. It gives thesame results under both the periodic system and perpetual inventory system. So, in FIFO, goods acquired first are sold, leaving the most recent cost in the balance sheet. It also costs actual flow of goods in most businesses.
Answer:
a. 2
b. 3
c. 4
d. 1
Explanation:
Certified check is the kind of check which is a personal check guaranteed through the bank of the check writer. In short, the bank will verify or tally the signature of account holder and has enough or adequate amount of money.
Cashier check is the kind of check which is guaranteed through a bank and drawn on the bank own funds as well as signed through cashier.
Check A, it is the document which orders the bank to pay a particular amount of money or fund from the person account to the person whose name is mentioned on the check.
Traveler check is the medium of exchange and it is a paper document used in place of the hard currency, which is payable on the demand of the person.