What is the value of the issue

Reference no: EM132826838

Question - The following transactions relate to a raw material for a period:

Day	Transaction	Units	Total value ($)
1	Balance b/f	100	500
3	Issue	40
4	Receipt	50	275
6	Receipt	50	300
7	Issue	70

The weighted average method is used to price material issues.

Required - What is the value of the issue on Day 7?

(a) 376·25

(b) 382·81

(d) 410·00

Reference no: EM132826838

Questions Cloud

Evaluate the benefits of a ba certificate : Compare the stated benefits in the article with a focus on the differences as it relates to a marketing agency, investment firm, and consulting firm.

Which of coming up next is false in monopolistic competition : Which of coming up next is false in a monopolistic competition? Which of coming up next is legitimate in regards to insignificant pay (MR) in a partnership?

Problems associated with the financial crisis : Do you think some of the problems associated with the financial crisis of 2008 could have been avoided if financial firms had more integrated information?

How your learning the given week has challenged : Based on the readings from Part 2 and Chapter 8 of Learner-Centered Teaching: Five Key Changes to Practice, specifically on "what needs to change and still has.

What is the value of the issue : The weighted average method is used to price material issues. What is the value of the issue on Day 7

Case study-doctored it : GP practice The Braids is looking for a new IT services operator, as its current provider is not able to keep up with the demands of the growing practice

Which of the going with item best outlines decided interest : The interest for which of the going with items best outlines decided interest? A totally genuine firm gets abnormal advantages when its

Which of the going with portrays a completely genuine market : Which of the going with best portrays a completely genuine market? Soft beverages industry. / Toilet chemical industry. / Wheat improvement

Explain how you would respond to such resistance : In a 1- to 2-page blog post (250-500 words), explain what the VFE that exemplified learner-centered practice, and explain what recommendations you would.

User Account

All Pages