Cost Units purchased per unit $8.20 Date Total cost $ 369.00 January 1 Аpril 1 45 40 7.45 298.00 June 1 55 7.20 396.00 September 1 50 7.70 385.00 Total 190 $1,448.00
Cost Units purchased per unit $8.20 Date Total cost $ 369.00 January 1 Аpril 1 45 40 7.45 298.00 June 1 55 7.20 396.00 September 1 50 7.70 385.00 Total 190 $1,448.00
Chapter10: Inventory
Section: Chapter Questions
Problem 11PA: Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company,...
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Calculate cost of goods sold and ending inventory for Emergicare’s bandages orders using FIFO, LIFO and average cost. There are 30 units in ending inventory. (Do not round intermediate calculations, such as average cost per unit values. Round your answers to the nearest cent.)
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