Question
Beg Inventory - 200 energy drinks at $2.15 March 400 energy drinks at $2.35 May - 700 energy drinks at $2.20 August - 450
Beg Inventory - 200 energy drinks at $2.15 March 400 energy drinks at $2.35 May - 700 energy drinks at $2.20 August - 450 energy drinks at $2.05 October 300 energy drinks at $2.60 At the end of the year, they had 435 energy drinks in stock. Find the value of the inventory using Weighted Average Method.
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Managerial Accounting Decision Making and Performance Management
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