Date of purchase Units purchased Find the cost of goods sold if sales total $78,857 for the inventory table shown below. Cost per Retail price Total retail Total unit cost per unit value Beginning inventory 41 $860 $35,260 $985 $40,385 February 5 20 $1,770 $35,400 $2,105 $42,100 February 19 17 $975 $16,575 $2,016 $34,272 March 3 27 $490 $13,230 $590 $15,930 Goods available for 105 $100,465 $132,687 sale Units sold 83 Ending inventory 22 (Round to the nearest cent as needed.)

Date of purchase Units purchased Find the cost of goods sold if sales total $78,857 for the inventory table shown below. Cost per Retail price Total retail Total unit cost per unit value Beginning inventory 41 $860 $35,260 $985 $40,385 February 5 20 $1,770 $35,400 $2,105 $42,100 February 19 17 $975 $16,575 $2,016 $34,272 March 3 27 $490 $13,230 $590 $15,930 Goods available for 105 $100,465 $132,687 sale Units sold 83 Ending inventory 22 (Round to the nearest cent as needed.)

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter7: Inventories

Section: Chapter Questions

Problem 4PEB: Beginning inventory, purchases, and sales for WCS12 are as follows: Assuming a perpetual inventory...

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