Question
Cost of Goods Sold Calculation (Weighted Average Method): Item Quantity Cost per Unit ($) Beginning Inventory 200 units 10 Purchases 300 units 12 Ending Inventory
Cost of Goods Sold Calculation (Weighted Average Method):
Item | Quantity | Cost per Unit ($) |
Beginning Inventory | 200 units | 10 |
Purchases | 300 units | 12 |
Ending Inventory | 250 units | - |
Calculate the cost of goods sold.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
