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Date 01/06/13 08/06/13 15/06/13 19/06/13 22/06/13 Complete this table using a perpetual average cost inventory system. Do not use any punctuation. Units 200 80 100
Date 01/06/13 08/06/13 15/06/13 19/06/13 22/06/13 Complete this table using a perpetual average cost inventory system. Do not use any punctuation. Units 200 80 100 50 140 Cost/Sale Price 50 120 72 87 120 Description Opening Inventory Sale Purchasee Purchasee Sale Purchases Sales On Hand ty Unit Cost Total Cost QtyUnit CostTotal Cost QtyUnit Cost Total Cost 10000 Date 01/06/13 08/06/13 15/06/13 19/06/13 22/06/13 50 200 50 120 Any calculated values are to be rounded to the nearest whole number and that rounded number should be used in any further calculations What is the total Cost of Goods Sold for June 2013 What is sales revenue for lune 2013 What is the gross profit for June 2013 What is the gross profit percentage for June 2013 (Do not include %) Now answer the following questions on the basis of a periodic average cost inventory system being used: What is the average cost of inventory as at 30 June 2013 What is the total Cost of Goods Sold for June 2013 What is sales revenue for June 2013 What is the gross profit for lune 2013
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