Question
Ayayai Corp. just began business and made the following four inventory purchases in June: June 1 210 units $1355 June 10 260 units 1898 June
Ayayai Corp. just began business and made the following four inventory purchases in June:
| June 1 | 210 units | $1355 | ||
| June 10 | 260 units | 1898 | ||
| June 15 | 260 units | 2054 | ||
| June 28 | 210 units | 1743 | ||
| $7050 |
A physical count of merchandise inventory on June 30 reveals that there are 270 units on hand. Using the average cost method, the amount allocated to the ending inventory (rounded to whole dollar) on June 30 is
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My Favorite Auditor Gave Me This Book
Authors: Funny Planner Publishing
1st Edition
1676058060, 978-1676058069
