Question
Dene Company uses a perpetual inventory system and reports the following inventory transactions for the month of July: Units Unit Cost Total Cost July 1
Dene Company uses a perpetual inventory system and reports the following inventory transactions for the month of July: Units Unit Cost Total Cost July 1 Inventory 150 $5.00 $ 750.00 12 Purchases 230 6.75 1,552.50 20 Sale (250) 28 Purchases 490 7.00 3,430.00
1.: What is the Weighted Average per unit cost and total cost of ending inventory on July 12
2.What is the Weighted Average cost of goods sold per unit, Total Cost of goods available for sale in units, and total cost of goods sold
3. What is the FIFO cost of goods sold per unit, Total Cost of goods available for sale in units, and total cost of goods sold
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