The actual total cost of all purchased or beginning inventory units in the preceding table is $116,000 ($33,000 + $54,000 + $29,000). The total of all purchased or beginning inventory units is 450 (150 beginning inventory + 300 purchased). The weighted average cost per unit is therefore $257.78 ($116,000 Ã· 450 units.).The ending inventory valuation is $45,112 (175 units Ã $257.78 weighted average cost), while the cost of goods sold valuation is $70,890 (275 units Ã $257.78 weighted average cost).The sum of these two amounts (less a rounding error) equals the $116,000 total actual cost of all purchases and beginning inventory.he actual total cost of all purchased or beginning inventory units in the preceding table is $116,000 ($33,000 + $54,000 + $29,000). The total of all purchased or beginning inventory units is 450 (150 beginning inventory + 300 purchased). The weighted average cost per unit is therefore $257.78 ($116,000 Ã· 450 units.).
In 1972, the company changed its name to Cintas and then went public in 1983. [citation needed] Farmer also tried products that were new at the time, such as fabrics that resisted wrinkles and stains, to grow the company to an almost 30 percent market share in uniforms.
Suncorp continued to build up its insurance portfolio into the middle of the decade. The company acquired 50 percent of the Queensland-based automobile insurance club RAA, a joint venture originally formed between AMP and RACQ.Suncorp bought out AMP's share of the joint venture in 2002.romina was formerly part of the UK-based insurance giant Royal and Sun Alliance, until it spun off the business in Australia as a separate public company in 2003. The merger transformed Suncorp into a true giant in Australia, doubling its assets to nearly AUD 85 billion ($65 billion).