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Barry Company's inventory record showed the following data: Jan 1: Beginning inventory: 200 units @$400 with total cost = $80,000 Aug 8: Sales: 100 units
Barry Company's inventory record showed the following data: Jan 1: Beginning inventory: 200 units @$400 with total cost = $80,000 Aug 8: Sales: 100 units @$900 Dec 9: Purchase: 300 units @$500 with total cost = $150,000 At December 31, 2021, the fiscal year end of the Company, there were 400 units on hand. Barry Company uses a periodic inventory system. Under weighted average, calculate
the cost of the ending inventory Answer 1 Choose...
the cost of goods sold Answer 2 Choose...
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