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15 8 points Saved Problem 6-19A Alternative cost flows-periodic LO8 Synergy Company began 2023 with 17,000 units of Product X in its inventory that
15 8 points Saved Problem 6-19A Alternative cost flows-periodic LO8 Synergy Company began 2023 with 17,000 units of Product X in its inventory that cost $7.10 per unit, and it made successive purchases of the product as follows: Mar. 7 24,000 units @ $ 8.60 each 03:04:35 May Aug. Nov. 25 29,000 units $10.60 each 1 19,500 units @ $13.40 each 10 29,000 units @ $14.90 each Skipped eBook Print References The company uses a periodic inventory system. On December 31, 2023, a physical count disclosed that 13,000 units of Product X remained in inventory. Required: 1. Calculate the number and total cost of the units available for sale during 2023. Number of units Total cost of the units d to the 2022 ending inventory and to cost of goods sold, Hel 2. Prepare calculations showing the amounts that should be assigned to the 2023 ending inventory and to cost of goods sold. assuming: a. FIFO Total cost of the units for sale Cost of units sold
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