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Beginning Inventory: 700 units at $11/unit Purchases: 6,800 units at $19/unit Production: 5,300 units (Direct Materials: $10,500, Conversion: $14,000) Sales: [Insert Sales Units] units at

  • Beginning Inventory: 700 units at $11/unit
  • Purchases: 6,800 units at $19/unit
  • Production: 5,300 units (Direct Materials: $10,500, Conversion: $14,000)
  • Sales: [Insert Sales Units] units at [Insert Sales Price] per unit
  • Calculate: Ending Inventory and Cost of Goods Sold using long numeric average costing method.

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