Under the weighted-average method for inventory costing, the cost per unit is determined by ________
A) dividing the cost of goods available for sale by the number of units available
B) dividing the cost of goods available for sale by the number of units in beginning inventory
C) multiplying the number of units purchased with the weighted-average cost
D) multiplying the cost of goods available for sale by the ending weighted-average cost of the previous accounting period
A
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When a copy of the receiving report arrives in the purchasing department, it is used to
a. adjust perpetual inventory records b. record the physical transfer of inventory from receiving to the warehouse c. analyze the receiving department's process d. recognize the purchase order as closed
SJC is a new retailer that targets the youth market. SJC needs to make an impression using advertising, and decides to use funny or irreverent ads to get its point across
Each ad features one of SJC's competitors and conveys an advantage SJC has over that competitor. Which of the following is the company using to convey its membership in the retail segment? A) announcing category benefits B) comparing to exemplars C) relying on the product descriptor D) using channel differentiation E) maximizing negatively correlated attributes
He Northern Co. manufactures office chairs. The following has the following information for June:Refer to the original data. The company's contribution margin ratio is:
a.56.6%. b.46.6%. c.66.6%. d.53.3%. e.None of the answers are correct.
Which of the following is true regarding the investing activities of charitable organizations?
a. are not similar to business firms b. acquire productive capacity (for example, buildings) to carry out their activities c. issue common stock d. issue bonds e. issue preferred stock