For the next questions, please refer to the given data: UNIT UC Total Cost November 1 Balance 20,000 P10 P200,000 November 2 Purchase 30,000 12 360,000 November 4 Sale 25,000 November 10 Purchase 15,000 14 210,000 November 15 Sale 21,000 November 17 Sales Return 1,000 November 28 Purchase 20,000 16.75 335,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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USING THE WEIGHTED AVERAGE METHOD, HOW MUCH IS THE COST OF INVENTORY AT THE END OF NOVEMBER?

 

 

For the next questions, please refer to the given data:
UNIT
UC
Total Cost
November 1 Balance
20,000
P10
P200,000
November 2
Purchase
30,000
12
360,000
November 4
Sale
25,000
November 10
Purchase
15,000
21,000
14
210,000
November 15
Sale
November 17
Sales Return
1,000
November 28
Purchase
20,000
16.75
335,000
Transcribed Image Text:For the next questions, please refer to the given data: UNIT UC Total Cost November 1 Balance 20,000 P10 P200,000 November 2 Purchase 30,000 12 360,000 November 4 Sale 25,000 November 10 Purchase 15,000 21,000 14 210,000 November 15 Sale November 17 Sales Return 1,000 November 28 Purchase 20,000 16.75 335,000
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