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.
Dana Sells Hydraulic Cylinder Operations. Jun 8, 1998. TOLEDO, Ohio, June 8 /PRNewswire/ -- Dana Corporation (NYSE: DCN) today announced that it has sold its hydraulic cylinder business to Hyco International, Inc., of Atlanta. Terms were not released. The transaction is the tenth divestiture in a series of strategic transactions that Dana began in 1997.