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Beginning Inventory: 1,500 units at $9/unit Purchases: 9,500 units at $22/unit Production: 7,800 units (Direct Materials: $16,500, Conversion: $21,000) Sales: 8,900 units at $35/unit Compute:
- Beginning Inventory: 1,500 units at $9/unit
- Purchases: 9,500 units at $22/unit
- Production: 7,800 units (Direct Materials: $16,500, Conversion: $21,000)
- Sales: 8,900 units at $35/unit
- Compute: Ending Inventory and Cost of Goods Sold using long numeric average costing method.
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Accounting Theory Conceptual Issues in a Political and Economic Environment
Authors: Harry Wolk, James Dodd, John Rozycki
8th edition
1412991692, 978-1412991698
