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Calculate the cost of goods sold using the periodic inventory model. DATE DETAILS AMOUNT (unit cost) Abril 1 Initial inventory 8 $72 6 Sale 4
Calculate the cost of goods sold using the periodic inventory model.
DATE | DETAILS | AMOUNT | (unit cost) |
Abril 1 | Initial inventory | 8 | $72 |
6 | Sale | 4 | $85 the sale |
8 | Purchase | 11 | 84 |
13 | Sale | 5 | $95 the sale |
15 | Sale | 3 | $95 the sale |
19 | Purchase | 20 | 109 |
21 | Sale | 8 | $115 the sale |
22 | Sale | 2 | $115 the sale |
27 | Purchase | 10 | 90 |
30 | Sale | 6 | $115 the sale |
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