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calculate cost of the ending inventory and the cost of goods sold for eaxh cost flow assumption, using a perpectual inventory system. Assume a sale
calculate cost of the ending inventory and the cost of goods sold for eaxh cost flow assumption, using a perpectual inventory system. Assume a sale of 393 units occurred on June 15 for a selling price of $9 and a sale of 51units on June 27 for $10. Exercise 6-14 Sage Hill Inc. reports the following for the month of June. Unit Cost Date June 1 12 Units 114 Explanation Inventory Purchases Purchases Inventory 359 Total Cost $570 2,154 1,358 194 30 223 A sale of 393 units occurred on June 15 for a selling price of $9 and a sale of 51 units on June 27 for $10. Your answer is partially correct. Try again. 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 June 15 June 23 June 27 LINK TO TEXT VIDEO: SEMILAR EXERCISE Your answer is partially correct. Try again. Calculate cost of the ending Inventory and the cost of goods sold for each cost flow assumption, using a LINK TO TEXT VIDEO: SIMIL Your answer is partially correct. Try again. Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, u sale of 51 units on June 27 for $10. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO The cost of the ending inventory Moving-Average 1532 1224 27187 The cost of goods sold 2550 2858 1365 LINK TO TEXT VIDEO: SIMILAR EXER
calculate cost of the ending inventory and the cost of goods sold for eaxh cost flow assumption, using a perpectual inventory system. Assume a sale of 393 units occurred on June 15 for a selling price of $9 and a sale of 51units on June 27 for $10.
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