Solve A company has beginning inventory of 2,000 units at a cost of $4per unit. During the month, it purchases an additional 3,000 unitsat $5 per unit. If the company uses the weighted average costmethod, what is the average cost per unit?A. $4.20B. $4.60C. $4.40D. $5.00

Explanation of Beginning Inventory:Beginning inventory refers to the value and quantity of goods a…

Answered: A company has beginning inventory of…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 3CE: Pietro expects to produce 50,000 units and sell 49,300 units. Beginning inventory of finished goods...

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A company estimated the sales of 20,000 units during the month of June. The beginning inventory on hand is 2,100 units and the desired ending inventory for the month of June is 2,400 units. How many units should the company produce during the month of June? а. 19,700 units b. 20,300 units с. 24,500 units d. 15,500 units
Title 1. You are inventory manager of Diego Supplies Inc. You computed the EOQ to be 500 units. Annual... Description </o:p> 1. You are inventory manager of Diego Supplies Inc. You computed the EOQ to be 500 units. Annual demand for the company is 5,000 units, and holding cost is $4 per unit. What is the ordering cost? 2. G-Tech’s monthly demand is 250 units. You are in charge of the inventory department. You know that the holding cost is $60 per unit and ordering cost is $100 per order. What is the EOQ? What is the number of orders per year? What is the annual holding cost? If lead time L is one week and demand rate is 60 units per week, what is the ROP?

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A company has beginning inventory of 2,000 units at a cost of $4 per unit. During the month, it purchases an additional 3,000 units at $5 per unit. If the company uses the weighted average cost method, what is the average cost per unit? A. $4.20 B. $4.60 C. $4.40 D. $5.00