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Date Oct. 2 15 29 Units 8,400 14,000 Purchases Cost $13 15 Total $109,200 210,000 Cost of Goods Sold Units 21,400 [6] [8] Cost [7]
Date Oct. 2 15 29 Units 8,400 14,000 Purchases Cost $13 15 Total $109,200 210,000 Cost of Goods Sold Units 21,400 [6] [8] Cost [7] [9] Cact Total [10] Units 8,400 [1] [3] Ending Inventory [11] Cost $13 [2] [4] [12] Total $109,200 [5] [13] The company accountant has prepared the following partial statement of income to help management understand the financial statement impact of each cost determination cost formula.
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