User Account

All Pages

Calculate weighted average cost per unit

Assignment Help Accounting Basics
Reference no: EM132800293

Question - Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available.

 

Units

Unit Cost

Total Cost

April 1 inventory

300

$33

$9,900

April 15 purchase

440

40

17,600

April 23 purchase

260

43

11,180

 

1,000

 

$38,680

Required - Calculate weighted average cost per unit.

Reference no: EM132800293

Questions Cloud

Brick-and-mortar store : Imagine that you are a manager at a brick-and-mortar store that also has an ecommerce site.
Compute the activity rate for the designing products : Surface Inc. has provided the following information from its activity-based costing system: Compute the activity rate for the designing products
Prepare the journal entry for this sale : Non-current assets - On 1 January 2020, the machine was sold for $12,000. Prepare the journal entry for this sale
Compute the cost of goods sold for March : During March, Mabel sold 850 units. Compute the cost of goods sold for March and the COST OF the ending inventory balance at March 31, 2019
Calculate weighted average cost per unit : Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, Calculate weighted average cost per unit
How would consolidated net income be allocated : If the intra-entity sales were downstream, how would consolidated net income be allocated to the controlling and noncontrolling interest
HI6027 Business and Corporate Law Assignment : HI6027 Business and Corporate Law Assignment Help and Solution - Holmes Institute, Australia - Assessment Writing Service
HI-6026 Audit, Assurance and Compliance Assignment : HI-6026 Audit, Assurance and Compliance Assignment Help and Solution - Holmes Institute, Australia - Assessment Writing Service
Identify the contributions of the endocrine system : Identify the contributions of the endocrine system to homeostasis. Identify the major organs and tissues of the endocrine system and their location in the body.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journalize the December transactions and post to the ledger

Dec. 3 Acquired P 75,000 of office equipment, paying P 37,000 down with the balance due in 30 days. Journalize the December transactions and post to the ledger

  Why does the gasb require the distinction

Explain the difference between a program revenue and a general revenue. Why does the GASB require this distinction? Be sure to include the sources of the funds.

  Define relationship between annual objectives and policies

Describe the relationship between annual objectives and policies. Briefly explain seven of the guidelines to follow in developing an organizational chart.

  Craft company produces a single product last year the

craft company produces a single product. last year the company had a net operating income of 97420 using absorption

  Camille sikorski was divorced last year she currently owns

camille sikorski was divorced last year. she currently owns and provides a home for her 15-year-old daughter kaly and

  Please locate the five-year or longer selected financial

Please locate the five-year (or longer) selected financial data (usually in the management discussion and analysis section of the annual report) or use your focus company's income statement and balance sheet data to calculate as many of the following..

  Time value of money

Laxmi Silwal inherited a property from her grandparents few decades ago and since then the value of the property has been gradually increasing. She in planning to sell the property so she can buy a new house by the bay area. She is considering severa..

  What is the difference between a merger and an acquisition

Consider FASB standards for mergers and acquisitions by not-for-profit organizations. Answer the following questions.

  Calculate the expected cash collections for february

ACCT346 Assignment - The Von Pottasnevitch Company sells office products, Calculate the expected cash collections for February

  What will be the church operating income

Suppose the total cash prizes are $1,050. What will be the church's operating income if 50 persons attend? If 200 persons attend? If 350 persons attend?

  Prepare the journal entries that blossom should make

Blossom Company sold 8,000 Super Spreaders on July, Prepare the journal entries that Blossom should make in 2020 related to the sale and the related warranties.

  Is the wacc an average concept or a marginal concept

Is the WACC an average concept or a marginal concept in your opinion? Should we use the historical WACC or the marginal WACC as the appropriate rate to use in capital budgeting analyses?

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