中国大学MOOC: A wholesaler had opening inventory of 300 units of product Emm valued at $25 per unit at the beginning of January. The following receipts and sales were recorded during January. Date 2 Jan 12 Jan 21 Jan 29 Jan Receipts 400 Issues 250 200 75 The purchase cost of receipts was $25.75 per unit. Using a weighted average method of valuation, calculate the value of closing inventory at the end of January.
举一反三
- 中国大学MOOC: G Co makes the following purchases and sales. 1 January Purchases 4,000 units for $10,000 31 January Purchases 1,000 units for $2,000 15 February Sales 3,000 units for $13,000 28 February Purchases 1,500 units for $3,750 14 March Sales 500 units for $1,200 At 31 March which of the following closing inventory valuations using LIFO is correct?
- Which of the following is the correct formula for cost of sales? A: Opening inventory – purchases + closing inventory B: Purchases – closing inventory + sales C: Opening inventory + closing inventory – purchases D: Opening inventory – closing inventory + purchases
- month.abb[1:2]表示的是？ A: "Feb" "Mar" B: "Jan" "Feb" C: "January" "February" D: "February" "March"
- Opening inventory of raw materials was $58,000, closing inventory was $63,000, purchases were $256,000, purchase returns were $17,000. What was cost of sales?? $244,000|$234,000|$239,000|$256,000
- The following data relates to component L512: Ordering costs $100 per order Inventory holding costs $8 per unit per year Annual demand 1,225 units What is the economic order quantity (to the nearest whole unit)?