User Account

All Pages

Compute the weighted average unit cost

Assignment Help Accounting Basics
Reference no: EM131600366

Question - Assume Nile.cum began September with 16 units of inventory that cost a total of $304. During September, Nile purchased and sold goods as follows:

Sep. 8

Purchase

48 units @$20

14

Sale

40 units @$40

22

Purchase

32 units @$22

27

Sale

48 units @$40

Suppose Nile.com used the weighted-average inventory mating method and the perpetual inventory system. Compute the weighted average unit cost of the company's inventory on hand at September 8.

Reference no: EM131600366

Questions Cloud

What type of resistance do you expect from staff : List at least three ways that you can lessen the resistance you may encounter to help ensure the success of your project.
Course materials support these enhancements : Indicate your an action plan for future improvement (keep in mind that an action plan has tangible tactics along with a time line).
Quantities supplied and demanded in market for secretaries : Suppose a secretary and a truck driver are judged to require the same level of education and skills, yet a secretary earns $30,000 while a truck driver.
How do my personal-professional experiences relate : What other information, if any, would I need to completely address the policy issue or course related topics at hand?
Compute the weighted average unit cost : Suppose Nile.com used the weighted-average inventory mating method and the perpetual inventory system. Compute the weighted average unit cost
What would happen to quality of work generated in market : You are at a political rally with some friends. A candidate for state office states that working women earn about 60 cents for each dollar that working.
Managing a busy healthcare facility : What roles do you think you will enjoy the most and least in being managing a busy healthcare facility?
Discuss changing our lives : The subject of your essay for this course is Changing Our Lives. You have taken a marvelous, brave step on an educational journey
Briefly describe the alert system and the setting : Briefly describe the alert system and the setting. Briefly explain the purpose of the system. Briefly explain what triggers the alarm.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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