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calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. assume a sale
calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. assume a sale of 434 units occurred on June 15 for a selling price of $8 and a sale of 49 units on June 27 for $9. (round answers to 0 decimal places, e.g. 125)
Pina Colada Corp. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost $595 2,346 1,442 $5 June 1 Inventory 12 Purchases 23 Purchases 30 Inventory 119 391 206 233 A sale of 434 units occurred on June 15 for a selling price of $8 and a sale of 49 units on June 27 for $9. Your answer is correct. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 June 12$ 5.767 5.767 June 15 6.668 June 23 6.668 June 27 Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a pe decimal places, e.g. 125.) FIFO LIFO Moving-Average The cost of the ending inventory $ The cost of goods sold
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