Answered: Sales 3,200 units Beginning inventory…

Sales 3,200 units Beginning inventory Purchases, in chronological order.. 1,000 units @ $4 1,200 units @ $5 1,600 units @ $6 800 units @ $8

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 13MC: There were 1,000 units in ending inventory after transferring 16,000 units to finished goods...

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Question

Sales
3,200 units
Beginning inventory
Purchases, in chronological order..
1,000 units @ $4
1,200 units @ $5
1,600 units @ $6
800 units @ $8

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