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A physical inventory of Liverpool Company taken at December 3 1 reveals the following. table [ [ , , Per Unit ] , [
A physical inventory of Liverpool Company taken at December reveals the following.
tablePer UnitItemUnits,Cost,NRVCar audio equipment,,,Speakers$$
The Stilton Company has the following inventory and credit purchases during the fiscal year ended December
tableBeginning units @$unitFeb units@$unitAug units@$unit
points
Stilton Company has two credit sales during the period. The units have a selling price of $ per unit.
tableSalesMarunitsSeptunits
Stilton Company uses a perpetual inventory system.
Required:
Calculate the dollar value of cost of goods sold and ending inventory using: Do not round intermediate calculations. Round "Average cost per unit" to decimal places. Round the final answers to decimal places.
tableEnding Inventory,Cost of Goods SoldaFIFO,,bMoving weighted average,,
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