Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

weighted average price for inventories (used and ending balance price) Date Beginning balance 10.10. 13.10. 15.10. 28.10. 30.10. Total Quantity Price 50 2.75 Ending

 

weighted average price for inventories (used and ending balance price) Date Beginning balance 10.10. 13.10. 

weighted average price for inventories (used and ending balance price) Date Beginning balance 10.10. 13.10. 15.10. 28.10. 30.10. Total Quantity Price 50 2.75 Ending balance 100 250 100 100 100 ? inventories Used for sale 600 1.20 1.40 1.30 1.70 You have to calculate all unknown values and the 1.90 X ?the weighted average price ? the weighted average price Amount, EUR 137.5 ? ? ? ? ? ? ?

Step by Step Solution

3.37 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

Weighted Average Cost Method A weighted average is a c... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Horngrens Financial and Managerial Accounting

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

5th edition

9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292

More Books

Students also viewed these Finance questions

Question

44. What are the purposes of a product-costing system?

Answered: 1 week ago

Question

3. How do we perceive high-frequency sounds (above 4000 Hz)?

Answered: 1 week ago