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Bonita Company had a beginning inventory on January 1 of 200 units of Product 4-18-15 at a cost of $20 per unit. During the year,
Bonita Company had a beginning inventory on January 1 of 200 units of Product 4-18-15 at a cost of $20 per unit. During the year, purchases were as follows. Mar. 15 July 20 430 units 220 units at at $22 $22 Sept. 4 Dec. 2 300 units 100 units at $24 $29 at Bonita Company uses a periodic inventory system. Sales totaled 1,035 units.
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