User Account

All Pages

What is the cost of inventory at the end of December

Assignment Help Accounting Basics
Reference no: EM133143374

Question - Vivid Corp. uses the weighted average cost method in a perpetual inventory system and reported the following information for the month of December:

 

Unit cost

Units

Beg. balance, December 1

$22

150

Purchase, December 7

$26

250

Sale, December 18

 

300

Required - What is the cost of inventory at the end of December?

Reference no: EM133143374

Questions Cloud

Explanations of transactional-relationship building skills : You are the leader and co-ordinator of a cross functional team tasked with developing a plan for the diversification of your company into three other industries
Aligning intervention strategies : Upon identifying an appropriate intervention tier and aligning intervention strategies, teachers can begin the implementation process.
Explain the recruit 5 new baristas : You are a human resources consultant, and you are approached by a local coffee shop owner to help recruit 5 new baristas. In the past this business has had a di
Vacant positions at houskeeping department : You are a newly hired talent and culture manager at carlton hotel located at downtown toronto. You have been facing a challanging time to fill the vacant positi
What is the cost of inventory at the end of December : Vivid Corp. uses the weighted average cost method in a perpetual inventory system - What is the cost of inventory at the end of December
What is the typical method used to capture ideas : Your assessor will take down dot points as a minimum if you choose to answer them verbally.
Difference between a digital immigrant and a digital native : Why is it important to understand who the consumers are before making patient information or patient portals available for them to access information?
Charge of reducing errors related to surgery : 1. If you were the administrator in charge of reducing errors related to surgery, what strategies would you implement that enable the different professionals (i
What approach has your group tried that worked out well : What approach has your group tried that worked out well? Why do you think it is effective?

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