Number of Units Unit Cost Sales Beginning inventory 900 $50 Purchased 640 52 Sold 400 $100 Sold 350 110 Ending inventory 790 AVG (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Cost of Inventory Remaining Number Number Number of Units Unit Cost Total Cost of Units Unit Cost Total Cost of Units Unit Cost Total Cost Beginning 900 50 45,000 Purchase 640 52 V 33,280 1,540 45.02 X 78,280 Sale 400 45.02 X 18,008 X 1,140 45.02 X 60,040 350 V 45.02 X 15,757 X 790 45.02 X 44,080 Sale 33,280 Total COGS 33,765 X Total Purchases Previous neck My Work 1 more Check My Work uses remaining.

Number of Units Unit Cost Sales Beginning inventory 900 $50 Purchased 640 52 Sold 400 $100 Sold 350 110 Ending inventory 790 AVG (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Cost of Inventory Remaining Number Number Number of Units Unit Cost Total Cost of Units Unit Cost Total Cost of Units Unit Cost Total Cost Beginning 900 50 45,000 Purchase 640 52 V 33,280 1,540 45.02 X 78,280 Sale 400 45.02 X 18,008 X 1,140 45.02 X 60,040 350 V 45.02 X 15,757 X 790 45.02 X 44,080 Sale 33,280 Total COGS 33,765 X Total Purchases Previous neck My Work 1 more Check My Work uses remaining.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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