Question
Cost of Goods Sold Calculation (Average Cost Method): Item Quantity Cost per Unit ($) Product A 180 14 Product B 220 16 Product C 150
- Cost of Goods Sold Calculation (Average Cost Method):
Item | Quantity | Cost per Unit ($) |
Product A | 180 | 14 |
Product B | 220 | 16 |
Product C | 150 | 18 |
Calculate the cost of goods sold using the Average Cost method.
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
6th Canadian edition
1118644948, 978-1118805084, 1118805089, 978-1118644942
