Question
Crane Department Store uses a perpetual inventory system . Data for product E2-D2 includes the following purchases . Date May 7 Number of units 40
Crane Department Store uses a perpetual inventory system . Data for product E2-D2 includes the following purchases .
Date May 7 Number of units 40 unit price $12
Date July 28 Number of units 30 unit price 17
On June 1 Crane sold 20 units, and on August 27, 30 more units.
Calculate the weighted-average unit cost for each sale. (Round answers to 3 decimal places, eg5.125
for june 1 sale and augest 27 sale
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Auditing A Modern Approach
Authors: Sanjay Basotia
1st Edition
938092903X, 978-9380929033
