BUSINESS HIGH SCHOOL

The weighted-average method a. calculates an average unit cost by dividing the total cost of goods sold by the total units sold.
b. calculates an average unit cost by dividing the total cost of goods available for sale by the total units of goods available for sale.
c. calculates an average unit cost by adding the total cost of goods available for sale to the total units of goods available for sale.
d. none of the above

Answers

Answer 1
Answer:

The weighted average method is used to assign the average cost of production to a product. Weighted average costing is commonly used in situations where:

Inventory items are so intermingled that it is impossible to assign a specific cost to an individual unit.The accounting system is not sufficiently sophisticated to track FIFO or LIFO inventory layers.Inventory items are so commoditized (i.e., identical to each other) that there is no way to assign a cost to an individual unit.

Related Questions

Bob, an IRS tax law-certified volunteer preparer, told the taxpayer that cash income does not need to be reported because the IRS does not know about it. Bob indicated NO cash income on Form 13614-C. Bob prepared a tax return excluding the cash income. Jim, the designated quality reviewer, was unaware of the conversation and therefore unaware of the cash income and the return was printed, signed, and e-filed. Who has violated the Volunteer Standards of Conduct?
Organizations that advance a particular cause or belief are called __________. a. interest groups b. political action committees c. political parties d. advocacy groups
The Built-Rite mowing company has been selling its lawnmowers to retail outlets for years. The company has decided it wants to tap into new markets, so it is looking to sell its mowing tractors to county institutions for mowing grass along public highways. If the county institutions purchase the Built-Rite mowers, it would be an example ofA. a new buy.B. a straight rebuy.C. a first buy.D. an institutional buy.E. a modified rebuy.
Discuss how poverty can be a challenge to social responsibility
When there is a net increase in the physical quantity of inventory during a period, the use of ________ results in an additional layer of inventory.a. FIFOb. LIFOc. average cost

How does monitor and evaluation of quality processes positively impact on businesses

Answers

The monitor and evaluation of quality processes positively impacts the business because it allows you to look upon the negative and positive aspects of the business. Thus, giving you insights and ideas as to what should be removed from the business and what should be added or continued for the better good of the business.

Monitoring and evaluation of quality processes positively impact businesses by ensuring consistent product quality, improving customer satisfaction, identifying areas for improvement, increasing efficiency.

There are a number of methods to monitor and evaluate quality processes in order to have a positive business impact:

First and foremost, by monitoring quality processes, businesses can identify areas that need improvement and take steps to make necessary changes. This can result in increased efficiency, reduced waste, and improved customer satisfaction.

Secondly, evaluation of quality processes can help businesses identify strengths and weaknesses in their operations. This can help them make informed decisions about where to invest resources and which areas to focus on to achieve the best possible outcomes.

Finally, by monitoring and evaluating quality processes, businesses can ensure that they are meeting the expectations of their customers and stakeholders. This can lead to increased trust and loyalty, which can have a positive impact on the overall success of the business.

Learn more about stakeholders here:

brainly.com/question/28625232

#SPJ11

When Joanne saw a television ad for a large retail chain of jewelry stores, she was impressed with the money-back guarantee that the company offered on its jewelry. However, when she later heard an identical audio portion of the ad on the radio, she was unimpressed with the guarantee. This differing perception of ads as a result of the medium in which they appear is caused by the ________ effect.

Answers

Answer:

vehicle option source effect

Explanation:

Vehicle option source effect -

In this case , advertising about any good or commodity by using different platforms like online , offline , television , radio etc. , may tend to impact the mind of the consumer differently , which may hamper or confuse their decision to purchase the product . This practice is known as vehicle option source effect .

Hence , selecting the correct and proper method to advertise is very important to the sale of the goods and services .  

Recommend ways to deal with the following personalities in the workplace"1. Complainer
2. Indecisive
3. Expert
4. Quiet
5. Aggressive

Answers

1) Know the complaint. Ask what they think is the best solution to resolve the problem. Weigh the pros and cons of their suggestions. If more pros than cons, implement their suggestions. If more cons than pros, ask them to suggest other ways of solving their complaints.
2) Narrow down the choices. Give them shorter time to think and hold them to their decision.
3) Let them share their expertise with others. 
4) Let them share their ideas more. Let them be more involve in team activities so that they will feel that they belong.
5) Give them projects that they can kickstart. That way they will have a way to channel their aggressiveness. Let them be part of team building activities to help them adjust with other people's personalities.

Which of the following best addresses the economic question For whom to produce?a) Compass Learning Group contracts a team from India to write a course.
b)Head Tome runs a social networking site with incorporated advertising.
c)Lady Zigzag's agent makes concert tickets available on a new smartphone app.
d)InFocus conducts focus groups to determine its target market.
is it a?please can someone help me?

Answers

Yea, I agree, I think the answer is A.

Consumers influence the decisions of producers in which of the following ways?A. By setting prices for natural resources.
B. Because consumers are also workers.
C. Through the purchasing decisions they make.
D. Only in a planned economy.

Answers

Consumers influence the decisions of producers c) through the purchasing decisions they make.

Answer:

the answer is C. Through the purchasing decisions they make.

Explanation:

ap3x answer.

which of the following would be covered by trademark? a. an advertising slogan b. a formula for new medication c. a song d. software e. a movie

Answers

Answer: software

Explanation: because that is what i picked for the last test i had and they said it was correct. now if its wrong they most likely did the test wrong in some type of way or fashion. or there are more answers for the same question. so sorry if its wrong!!!!!

Final answer:

In the context of trademarks, items such as an advertising slogan, a song, software, and a movie can be covered by trademark. However, a formula for a new medication would not be covered by trademark.

Explanation:

In the context of trademarks, the following items would be covered:

  • An advertising slogan: Trademarks can protect catchy phrases or slogans that are used to promote a product or service.
  • A song: If a song is used as a distinctive identifier for a product or service, it can be protected by trademark.
  • Software: Trademarks can be used to protect the name or logo associated with a software product.
  • A movie: If a movie title or logo is used to identify and distinguish the movie from others, it can be protected by trademark.

However, a formula for a new medication would not be covered by trademark. Instead, formulas for medications are typically protected by patents.

Learn more about trademark coverage here:

brainly.com/question/29841205

#SPJ14
Other Questions
How would you respond to questions in a non aggressive and professional manner
What is the Congress or Legislative branch?
Whether an item is large enough to likely influence the decision of an investor or creditor. (b) Constraint that weighs the cost that companies will incur to provide the information against the benefit that financial statement users will gain from having the information available. (c) Obligations that a company expects to pay within the next year or operating cycle, whichever is longer. (d) Information that is complete, neutral, and free from error. (e) The primary accounting standard-setting body in the United States.
Gondola Granola is an American health food grocery store chain with locations in 20 countries. When the company enters a new foreign market, it usually selects a combination of franchising and master subsidiaries. These master subsidiaries are joint ventures with local partners. Specifically, these joint ventures are politically more acceptable and they:________a. help realize location and experience curve economies b. avoid high transport costs. c. ensure a steady stream of royalty payments. d. tend to provide a higher control over technology e. bring a degree of local knowledge to the subsidiary