ok int Given the following: erences January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased. 36 56 46 51 189 Cost per unit Cost of goods sold $5 8 9 10 Total 180 448 414 510 $1,552 a. Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 57 units). (Round the "average unit cost" and final answer to the nearest cent.) $ b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediate calculations and final answer to the nearest cent.)
ok int Given the following: erences January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased. 36 56 46 51 189 Cost per unit Cost of goods sold $5 8 9 10 Total 180 448 414 510 $1,552 a. Calculate the cost of ending inventory using the weighted-average method (ending inventory shows 57 units). (Round the "average unit cost" and final answer to the nearest cent.) $ b. Calculate the cost of goods sold using the weighted-average method. (Round your intermediate calculations and final answer to the nearest cent.)
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter2: Working With The Tax Law
Section: Chapter Questions
Problem 1RP
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