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Date Transactions # of units unit cost total cost Jan 1 Beginning Inventory 60 82 4920 May 5 Purchase 250 85 21250 Nov 3 Purchase
Date | Transactions | # of units | unit cost | total cost |
Jan 1 | Beginning Inventory | 60 | 82 | 4920 |
May 5 | Purchase | 250 | 85 | 21250 |
Nov 3 | Purchase | 200 | 90 | 18000 |
Calculate cost of goods sold using the weight average cost method for this company:
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