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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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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
16th Edition
78110939, 978-0078110931
