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13 U 20 units @ $ 130 5 UM 25 units 35 units Aug. 3 Purchases ........... Aug. 14 Sales ...... Aug. 17 Purchases Aug.

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13 U 20 units @ $ 130 5 UM 25 units 35 units Aug. 3 Purchases ........... Aug. 14 Sales ...... Aug. 17 Purchases Aug. 28 Purchases Aug. 30 Sales ....... 20 units $11 300 10 units . u19 = 1,190 23 units @ $ 150 43 units 12 units $5,990 55 units Totals ........ Knowledge Check 01 A company has beginning inventory of $20,000, purchases of $15,000, and ending inventory of $2,500. The cost of goods availab Lou Sales P O Required information Units available for sale Goods avatable for sale Units 400 Units seld Units le Knowledge Check 01 A company uses a periodic Inventory system. On August 1. the company had 6 items of beginning inventory with a cost of $7 per unit On August 3, the company purchased 16 units at $14 per unit. Then, on August 5, the company sold 12 units. The 12 units sold consisted of 7 units from the August 3rd purchase and 5 units from the August 1st beginning inventory. Using specific identification, the cost of the 12 units sold is Cost of the units sold a O 0 13 U 20 units @ $ 130 5 UM 25 units 35 units Aug. 3 Purchases ........... Aug. 14 Sales ...... Aug. 17 Purchases Aug. 28 Purchases Aug. 30 Sales ....... 20 units $11 300 10 units . u19 = 1,190 23 units @ $ 150 43 units 12 units $5,990 55 units Totals ........ Knowledge Check 01 A company has beginning inventory of $20,000, purchases of $15,000, and ending inventory of $2,500. The cost of goods availab Lou Sales P O Required information Units available for sale Goods avatable for sale Units 400 Units seld Units le Knowledge Check 01 A company uses a periodic Inventory system. On August 1. the company had 6 items of beginning inventory with a cost of $7 per unit On August 3, the company purchased 16 units at $14 per unit. Then, on August 5, the company sold 12 units. The 12 units sold consisted of 7 units from the August 3rd purchase and 5 units from the August 1st beginning inventory. Using specific identification, the cost of the 12 units sold is Cost of the units sold a O 0

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