The Following Is the Inventory for the Year for Brown

question 5

Short Answer

The following is the inventory for the year for Brown Lumber: $$\begin{array} { l l l l } \text { Date } & \text { Units } & \text { Cost per unit } & \text { Total Cost } \\\hline \text { Beginning inventory, Jan. 1 } & 500 & \$ 10 & \$ 5,000 \\\text { Purchase, March } 15 & 2,500 & \$ 11 & 27,500 \\\text { Purchase, September 20 } & 1,500 & \$ 13 & 19,500 \\\text { Purchase, December 10 } & 500 & \$ 14 & 7,000 \\\hline \text { Total Units Available } & 5,000 & & \$ 59,000\end{array}$$ Using the average cost pricing method, Brown Lumber determined that the dollar value of the ending inventory was $7,316. How many actual units of plywood are included in this ending inventory? (Round the average cost per unit to the nearest cent)

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Definitions:

Refractory Periods

Time intervals following an action potential during which a neuron is incapable of firing again or the threshold for firing is significantly raised.

Nerve Impulses

Electrical signals that travel along the nerves, enabling communication between the brain and the body.

Nodes of Ranvier

Gaps in the myelin sheath of nerve fibers where the axon is exposed, allowing for the rapid conduction of nerve impulses.

Nerve Impulses

Electrical signals that travel along nerve fibers, enabling communication between neurons in the body.