Contents. 1  adjective (5) first class (1) first class (2) first class (3) first class (4) first class (5) 2  adverb (2) first class (1) first class (2) 3  noun (3) first class (1) first class (2) first class 4  (3) British. 5  American. Business.
Simplified Acquisition Threshold (SAT): $150,000 for non-commercial purchases. 1. Micro-Purchase: Purchases which do not exceed the Micro-Purchase threshold. Micro-Purchase Threshold: 2. $3,000 for Supplies: $2,500 for Services. $2,000 for Construction . 1Note: SAPs awarded in Micro-purchase to $150K range are reserved for Small Businesses
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.