nventory records for Water Incorporated revealed the following: Date Transaction Number of Units Unit Cost July 1 Beginning inventory 520 $ 2.48 July 25 Purchase 330 2.67 Water Inc. sold 630 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

$562

Explanation:

Date     Transaction                   Units          Unit Cost         Total

July 1    Beginning inventory     520              $2.48             $1,289.60

July 25 Purchase                       330              $2.67             $881.10      

subtotal                                      850             $2.554           $2,171

            Sales                              630            $2.554           $1,609.09

July 31  Ending inventory          220            $2.554           $561.91

July 31's ending inventory = 220 units at $2.554 per unit, total cost $561.91

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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