On may 1, 2022, Heineken company had beginning inventory consisting of 300 units with a unit cost of $7. The average cost per unit for may is question 20 options: $8.00.
[(300 × $7) + (400 × $7) + (600 × $8)] ÷ 1,500 = $7.50; [($12 - $7.50)] × 1,000 = $8.00.
Stock or inventory refers to the goods and materials that a business holds for the remaining intention of resale, manufacturing or utilisation. stock control is a discipline in most cases approximately specifying the shape and location of stocked items.
inventory refers to all of the items, goods, products, and substances held with the aid of a commercial enterprise for selling in the market to earn a profit. example: If a newspaper supplier makes use of a vehicle to deliver newspapers to the clients, simplest the newspaper could be taken into consideration inventory. even as there are many forms of inventory, the 4 main ones are uncooked substances and additives, paintings in progress, completed goods and maintenance, repair and working resources.
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