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Almond Company uses the weighted average costing method and the periodic method. Their beginning inventory on Jan. 1 was 95 units with a total
Almond Company uses the weighted average costing method and the periodic method. Their beginning inventory on Jan. 1 was 95 units with a total cost of $ 1,900. Ending inventory on Dec. 31 was 80 units. The company made the following purchases during the year: March 18 50 units @ $49 June 27 90 units @ $45 Nov. 17 75 units @ $57 Dec. 6 120 units @ $52 Calculate the COGS for Almond Company as of Dec. 31:
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