Question
Date # of units Cost per unit # of units sold unit Cost per Cost of Goods Sold # of units March 1 140
Date # of units Cost per unit # of units sold unit Cost per Cost of Goods Sold # of units March 1 140 at Cost per unit $51.80 = Inventory Balance $ 7,252.00 245 at $56.80 140 at $51.80 = $ March 5 245 at $56.80 = 7,252.00 13,916.00 Total March 5 $ 21,168.00 March 9 Total March 9 140 at 160 at $51.80 = $ $ 56.80 = 7,252.00 9,088.00 85 at 85 at $51.80 = $ 4,403.00 $ 56.80 = $ 4,828.00 $ 16,340.00 $ 9,231.00 March 18 Total March 18 March 25 Total March 25 March 29 Total March 29 Totals $ 16,340.00
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
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