Floor scales. Floor scales are the toughest and strongest ones that are used for weighing exceptionally huge loads. They are low-profile scales which are used for a wide variety of industrial solutions with weighing ranges from 500 kg to more than 10,000 kg.
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Assume that Tiki's inventory was destroyed by fire. Sales for the year, prior to the date of the fire were $1,000,000, and Tiki usually sells goods at a 40% gross profit rate. Therefore, Tiki can readily estimate that cost of goods sold was $600,000.Tiki's beginning of year inventory was $500,000, and $800,000 in purchases had occurred prior to the date of the fire.verage cost is determined by dividing total cost of goods available for sale by total units available for sale. Mueller Hardware paid $306 for 270 pounds, producing an average cost of $1.13333 per pound ($306/270). The ending inventory consisted of 120 pounds, or $136 (120 X $1.13333 average price per pound).