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Beginning Inventory: 900 units at $14/unit Purchases: 7,200 units at $20/unit Production: 5,800 units (Direct Materials: $13,000, Conversion: $18,000) Sales: 6,500 units at $28/unit Find:

  • Beginning Inventory: 900 units at $14/unit
  • Purchases: 7,200 units at $20/unit
  • Production: 5,800 units (Direct Materials: $13,000, Conversion: $18,000)
  • Sales: 6,500 units at $28/unit
  • Find: Ending Inventory and Cost of Goods Sold using long numeric average costing method.

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