12. Records for Maxine's Beauty Supply show this opening balance and these units received for nail polish in December. At the end of the month, 12 bottles were on hand. a) the average cost per unit b) the value of the inventory using the average cost method. Date Units Received Unit Cost Total Cost Dec. 3 43 $1.49 Dec. 10 267 1.43 Dec. 20 200 1.44 TOTAL
12. Records for Maxine's Beauty Supply show this opening balance and these units received for nail polish in December. At the end of the month, 12 bottles were on hand. a) the average cost per unit b) the value of the inventory using the average cost method. Date Units Received Unit Cost Total Cost Dec. 3 43 $1.49 Dec. 10 267 1.43 Dec. 20 200 1.44 TOTAL
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 4EB: Masonrys records show the raw materials inventory had purchases of $1,000and an ending raw materials...
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