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Calculate the cost Delhi Corp. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 330 $8
Calculate the cost
Delhi Corp. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 330 $8 $2,640 12 Purchase 660 9 5,940 23 Purchase 495 10 4,950 30 Inventory 165 Assume a sale of 726 units occurred on June 15 for a selling price of $11 and a sale of 594 units on June 27 for $12. Calculate cost of goods available for sale. The cost of goods available for sale Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.) June 1 $ June 12 s June 15 $ June 23 $ June 27 $ Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to O decimal places, e.g. 1,252.) FIFO LIFO Moving-Average Cost The cost ending inventory S $ $ The cost of goods sold $ $ $Step by Step Solution
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