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Date Units Purchased Cost Per Unit January 1 10 $8.00 (Beginning inventory) January 18 50 9.00 February 20 20 11.00 March 15 10 12.00 (Ending
| Date | Units Purchased | Cost Per Unit | ||
| January 1 | 10 | $8.00 | (Beginning inventory) | |
| January 18 | 50 | 9.00 | ||
| February 20 | 20 | 11.00 | ||
| March 15 | 10 | 12.00 | (Ending inventory: 19) |
The specific identification method indicates the following units to be on hand: January 1, (2); January 18, (5); February 20, (6); March 15, (6). The cost of goods sold is:
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Trust Me Im Almost An Auditor
Authors: Lily Hazelwood
1st Edition
1791960405, 978-1791960407
