User Account

All Pages

Calculate average-cost per unit

Assignment Help Accounting Basics
Reference no: EM131722223

Problem - Bramble Company's record of transactions concerning part X for the month of April was as follows.

Date             Purchases                        Date Sales

April 1          230 @ $5.40                 April 5 430

4                  530 @ 5.51                    12          330

11                 430 @5.72                     27         1060

18               330 @5.78                     28           150

26              730 @ 6.05             

30              330 @6.26

Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 2 decimal places, e.g. 2.76.)

Reference no: EM131722223

Questions Cloud

Reaction an endothermic reaction : EXPLAIN which type of reaction an endothermic reaction or an exothermic reaction, would be most useful for making a cold pack.
How do the findings inform the work of early childhood : How do the findings inform the work of early childhood program administrators and/ or teachers?
Conceptualize the multi-project environment-presentation : Conceptualize the Multi-Project Environment: Presentation, Analysis, and Reflection. Select an organization, identify 8 projects that the organization.
Describe major shortcoming for ytm and current yield : Describe the information that you received from the quote of the bond. You have to explain each number and symbol that appears in the bond quotation
Calculate average-cost per unit : Bramble Company's record of transactions concerning part X for the month of April was as follows. Calculate average-cost per unit
Pleasant and unpleasant experience that are valid or invalid : All unpleasant experiences are things we do not like to remember. Therefore, all things we like to remember are pleasant experiences.
What is the detailed formula of shareholders equity : Corporation Accounting Question - what is the detailed formula of shareholders equity, total contributre capital, outstanding shares, and issued & outstanding
Discuss information security related to the use of website : Evaluate the challenges in information security related to the use of website
Lean principle focuses on the improvement of process speed : The Lean principle focuses on the improvement of process speed.

Reviews

Write a Review

Accounting Basics Questions & Answers

  On the basis of the schedule above prepare the journal

the following amortization and interest schedule reflects the issuance of 11-year bonds by capulet corporation on

  Discuss the ethical and professional conduct of joshua thorp

Joshua Thorp opened Laser Co. on January 1, 2011. At the end of the first year, the business needed additional funds. On behalf of Laser, Joshua applied to Vermont National Bank for a loan of $500,000. Based on Laser financial statements, which ha..

  What price should be charged

If the company marks up total cost by 0.50, what price should be charged if 61,000 units are expected to be sold

  Determine the amount of money in a savings account at the

determine the amount of money in a savings account at the end of five years given an initial deposit of 3000 and an 8

  Pearl manufacturing is considering an investment in

pearl manufacturing is considering an investment in equipment costing 480000. the equipment will be depreciated on a

  Determin the total and per-unit cost of manufacturing the

hickory grill company manufactures two types of grillsthe gas cooker and charcoal smoker. the cooker is a premium

  What is the minimum price per unit

Down Home Jeans Co. has an annual plant capacity of 64,700 units, What is the minimum price per unit that would produce a positive contribution margin

  Capital budgeting analysis

Capital budgeting investments are feasible if, after capital budgeting analysis, the:

  Prepares its financial statements under us gaap

Kiki Corporation, a US company, prepares its financial statements under US GAAP. For 2014, the company reported $1,000,000 income and stockholders' equity balance of $8,000,000 on December 31, 2014. In preparation for a possible adoption of IFR..

  Refund of state income taxes paid last year

In addition to the above sales, Spencer received a $100 refund of state income taxes paid last year. Spencer used the standard deduction last year to compute his tax liability. Prepare Form 1040 and Schedule D and Form 8949 for him

  What is the presentation on the balance sheet

Which payroll tax is levied on both employers and employees?

  Identify channels for business communication

Identify channels for business communication was the most comfortable topic in week one's objectives. Obtaining a clear understanding of functions of communication, communication process, direction, and various choices of communication channels e..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd