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Coronado Company reports the following for the month of June. Unit Total Date June 1 Explanation Units Cost Cost 12 Inventory Purchase 150 $3 $450
Coronado Company reports the following for the month of June. Unit Total Date June 1 Explanation Units Cost Cost 12 Inventory Purchase 150 $3 $450 450 6 2,700 23 Purchase 400 7 2,800 30 Inventory 80 Assume a sale of 500 units occurred on June 15 for a selling price of $8 and a sale of 420 units on June 27 for $9. Your answer is correct. Calculate cost of goods available for sale. The cost of goods available for sale LINK TO TEXT 5,950 VIDEO: SIMILAR EXERCISE Your answer is correct. Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.) June 1 3.00 June 12 5.25 June 15 5.25 June 23 6.65 June 27 6.65 Your answer is incorrect. Try again. 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 0 decimal places, e.g. 1,250.) FIFO LIFO Moving-Average Cost The cost ending inventory The cost of goods sold BB =
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